I am 63 and my wife is 53. This year, for the first time, I am going to do a Roth conversion. I can convert about 30k and remain in the 12% bracket (and also keep my qualified dividends in the 0% bracket). My tax-deferred accounts are much larger than my wife's. Should I perform the conversion in my accounts since they are larger and RMD's will start in 12 years, or is it more advantageous over time to perform the conversion in my wife's accounts since the money will sit there longer?
Statistics: Posted by LMK5 — Wed Nov 06, 2024 6:50 pm — Replies 6 — Views 293