Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
…
continue reading
Content provided by Trevor Cummings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Trevor Cummings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Similar to Thoughts On Money [TOM]
Each week Doug Hoyes talks to industry experts about debt, money, and personal finance. Don't be confused; listen as the guest experts cut through the jargon and share practical advice.
…
continue reading
Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com
…
continue reading
An archive of each full weekday episode of the award-winning program presented by Stephen Grootes.
…
continue reading
Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, rec ...
…
continue reading
Named the Best Personal Finance Podcast by Bankrate.com and Kiplinger, The Stacking Benjamins Show features a light and friendly tone. Hosts Joe Saul-Sehy and OG aim to make financial literacy fun for all as they sit around the card table in Joe's Mom's half-finished basement and talk with experts about personal finance, saving, investing, and important money trends. As Fast Company once wrote, the Stacking Benjamins podcast "strikes a great balance of fun and functional." So join Joe and OG ...
…
continue reading
The Moneycontrol Podcast is your daily source of business news, investment analysis and advice on stocks and the markets. Tune in to broaden your horizons with podcasts by journalists, experts and analysts giving you a head-start in the investment game.
…
continue reading
A personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about it. J. David Stein is a former Chief Investment Strategist and money manager. For close to two decades, he has been teaching individuals and institutions how to invest and handle their finances in ways that are simple to understand. More info at moneyfortherestofus.com
…
continue reading
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
In each episode of "Goldman Sachs Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
…
continue reading
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
))
Roth Conversion Tax Traps
Manage episode 489850080 series 3315608
Content provided by Trevor Cummings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Trevor Cummings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
This week's blogpost - xxxx
In this episode of the 'Thoughts On Money' podcast, co-host Blaine Carver and guest Darren Lightfoot delve into the intricacies of Roth conversions and the potential tax traps associated with them. Blaine shares personal anecdotes and explains why Roth conversions, despite their popularity, require careful consideration of several factors that go beyond simple tax bracket comparisons. They discuss how adjustments in adjusted gross income (AGI) and modified AGI (MAGI) can affect various aspects such as Social Security taxation, Medicare premiums, capital gains taxes, and eligibility for tax credits. Key insights are provided on navigating these hidden pitfalls and the importance of consulting with financial professionals for tailored advice.
00:00 Introduction and Host Welcome 00:38 Beach Story and Weather Analogy 02:50 Introduction to Roth Conversions 04:34 Detailed Tax Traps in Roth Conversions 08:18 Impact on Social Security and Medicare 12:12 Qualified Charitable Distributions (QCD) 14:50 Dividends, Capital Gains, and Tax Credits 18:20 Final Thoughts and Advice 24:01 Podcast Conclusion and Disclaimers
Links mentioned in this episode:
230 episodes
Share
Manage episode 489850080 series 3315608
Content provided by Trevor Cummings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Trevor Cummings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
This week's blogpost - xxxx
In this episode of the 'Thoughts On Money' podcast, co-host Blaine Carver and guest Darren Lightfoot delve into the intricacies of Roth conversions and the potential tax traps associated with them. Blaine shares personal anecdotes and explains why Roth conversions, despite their popularity, require careful consideration of several factors that go beyond simple tax bracket comparisons. They discuss how adjustments in adjusted gross income (AGI) and modified AGI (MAGI) can affect various aspects such as Social Security taxation, Medicare premiums, capital gains taxes, and eligibility for tax credits. Key insights are provided on navigating these hidden pitfalls and the importance of consulting with financial professionals for tailored advice.
00:00 Introduction and Host Welcome 00:38 Beach Story and Weather Analogy 02:50 Introduction to Roth Conversions 04:34 Detailed Tax Traps in Roth Conversions 08:18 Impact on Social Security and Medicare 12:12 Qualified Charitable Distributions (QCD) 14:50 Dividends, Capital Gains, and Tax Credits 18:20 Final Thoughts and Advice 24:01 Podcast Conclusion and Disclaimers
Links mentioned in this episode:
230 episodes
All episodes
×
Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.
Similar to Thoughts On Money [TOM]
Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
…
continue reading
Each week Doug Hoyes talks to industry experts about debt, money, and personal finance. Don't be confused; listen as the guest experts cut through the jargon and share practical advice.
…
continue reading
Capitalmind looks at stocks, bonds, funds and the macro to bring you their view on the Indian financial markets. We discuss all things related to investing at our focussed podcast that keeps it simple. For more, go to capitalmind.in and to invest with us, visit capitalmindwealth.com
…
continue reading
An archive of each full weekday episode of the award-winning program presented by Stephen Grootes.
…
continue reading
Save more and spend less is more than just a motto for money expert Clark Howard; it’s a way of life. Clark and his crew — Team Clark — are on a mission to empower people to take control of their personal finances by providing money-saving tips, consumer advice, hot deals and economic news to help everyone achieve financial freedom. Clark is a nationally syndicated radio talk show host and a consumer reporter for television stations around the country. His podcast, The Clark Howard Show, rec ...
…
continue reading
Named the Best Personal Finance Podcast by Bankrate.com and Kiplinger, The Stacking Benjamins Show features a light and friendly tone. Hosts Joe Saul-Sehy and OG aim to make financial literacy fun for all as they sit around the card table in Joe's Mom's half-finished basement and talk with experts about personal finance, saving, investing, and important money trends. As Fast Company once wrote, the Stacking Benjamins podcast "strikes a great balance of fun and functional." So join Joe and OG ...
…
continue reading
The Moneycontrol Podcast is your daily source of business news, investment analysis and advice on stocks and the markets. Tune in to broaden your horizons with podcasts by journalists, experts and analysts giving you a head-start in the investment game.
…
continue reading
A personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about it. J. David Stein is a former Chief Investment Strategist and money manager. For close to two decades, he has been teaching individuals and institutions how to invest and handle their finances in ways that are simple to understand. More info at moneyfortherestofus.com
…
continue reading
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
In each episode of "Goldman Sachs Exchanges," people from the firm share their insights on developments shaping industries, markets and the global economy.
…
continue reading
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
