11 min listen
2563: Roth Conversion by Mike Ballew of Egg Stack on Taxable Events
2563: Roth Conversion by Mike Ballew of Egg Stack on Taxable Events
ratings:
Length:
12 minutes
Released:
Dec 24, 2023
Format:
Podcast episode
Description
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Episode 2563:
Mike Ballew of EggStack.com delves into the intricacies of Roth Conversions, explaining their taxable nature and strategic benefits. He emphasizes their potential for long-term tax savings, especially for those anticipating higher future tax brackets or increased government spending. The article balances these advantages with the financial planning challenges they pose, including the impact on savings and the risks of future tax changes.
Read along with the original article(s) here: https://eggstack.com/blog/2021-05-02-Roth-Conversion/
Quotes to ponder:
"The primary advantage of a Roth conversion is that over the long haul you may pay less in taxes."
"A disadvantage of Roth conversion is that any general savings you have set aside for unexpected expenses are going to take a hit."
"A Roth conversion is like when a normal character transforms into a superhero – it supercharges your retirement contributions."
Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode 2563:
Mike Ballew of EggStack.com delves into the intricacies of Roth Conversions, explaining their taxable nature and strategic benefits. He emphasizes their potential for long-term tax savings, especially for those anticipating higher future tax brackets or increased government spending. The article balances these advantages with the financial planning challenges they pose, including the impact on savings and the risks of future tax changes.
Read along with the original article(s) here: https://eggstack.com/blog/2021-05-02-Roth-Conversion/
Quotes to ponder:
"The primary advantage of a Roth conversion is that over the long haul you may pay less in taxes."
"A disadvantage of Roth conversion is that any general savings you have set aside for unexpected expenses are going to take a hit."
"A Roth conversion is like when a normal character transforms into a superhero – it supercharges your retirement contributions."
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Dec 24, 2023
Format:
Podcast episode
Titles in the series (100)
2551: How to Master the Art of Delayed Gratification by Ben Feldman with Good Financial Cents on Financial Success: Ben Feldman of GoodFinancialCents.com delves into the transformative power of delayed gratification, a crucial component for achieving financial success. by Optimal Finance Daily