Social Security Report

Navigating a Roth conversion with Social Security - AMAC & Marketwatch

Roth IRA conversions appear to be all the rage lately, as the tax climate and the market are favorable now for converting. However, for those receiving Social Security benefits during the year of a Roth conversion, it pays to understand the tax implications of adding more income. Jim Blankenship of MarketWatch takes readers through the tax brackets, thresholds where income tax kicks in, and much more in this informative piece. A key point with Roth conversions is to try to mitigate or even eliminate required minimum distributions later in life. Full piece here.

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