What Should You Know About Roth Conversion Taxes?

Would you ever choose to pay more in taxes today if it could put you in a better position tomorrow?

That's the question behind Roth conversion planning—and the answer isn't always as simple as "pay less tax now."

In this episode of Savvy Women, Catherine Magaña and Rachel Ivanovich explore what you should know about Roth conversion taxes and why looking beyond this year's tax bill can be so important. From changing tax brackets and retirement income to RMDs and Medicare premiums, a decision that looks expensive today may look very different when viewed over your lifetime.

In this episode:

Why Roth conversion decisions shouldn't be based on one tax year

How your tax situation can change throughout retirement

Why lower-income years may create Roth conversion opportunities

How RMDs can affect future taxable income

Why Medicare premiums and other retirement considerations matter

How Roth conversions can fit into a broader, long-term tax strategy

When it comes to Roth conversions, the bigger question may not be "What will this cost today?" but "What could my taxes look like tomorrow?"

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