At 73 or 75 the IRS makes you take money out of your 401(k) and IRA, whether you need it or not. And it taxes every dollar. Most people never see it coming. You can see your number in thirty seconds.
Your age, what's in your pre-tax accounts today, and how you file. Add Social Security if you know it, and the answer gets sharper.
Your pre-tax balance, growing untouched until the year the withdrawals start.
A plan moves money into a Roth in the years your tax rate is lowest. That's usually the stretch between your last paycheck and your first forced withdrawal. Move it then, and less of it gets forced out and taxed later. Here's what the plan does:
The years between your last paycheck and your first forced withdrawal are often the lowest-tax years you'll ever have. The plan uses them on purpose.
Fill the 12% bracket? The 22%? Or do nothing at all? It works out what each one leaves you after every tax. And it'll tell you if converting isn't worth it.
Your Medicare premium is set by your income from two years ago. And when one of you dies, the other files single, on half the brackets. The plan sees both coming.
The planner answers two questions in plain words. Should you convert? And how much of what you're saving this year belongs in a Roth? Then it shows you every year, start to finish.
Your money stays in your own accounts, at your own brokerage. We tell you what to do. You do it. The planner asks for an e-mail so we can send you a code, and that's the whole sign-up.