In Episode 86 of Accessible Finance for Retirement, hosts Eric and Rachael Johns address several pressing questions from their listeners.

Topics include the benefits of opening a Roth IRA in a spouse's name, strategies for placing cash in high-yield money market accounts, understanding the differences between active and passive investment management fees, and guidance on handling tax implications for Roth conversions.

The hosts provide detailed and practical advice on retirement planning, emphasizing the importance of aligning investment philosophies with financial advisors and understanding the nuances of tax planning. Tune in for insightful discussions and valuable tips for managing your retirement finances effectively.

00:00 Introduction and Episode Overview

00:25 Question 1: Roth IRA for Spouse

01:55 Question 2: Best Place for Cash

03:45 Question 3: Active vs Passive Management

12:11 Question 4: Roth Conversion Tax Implications

18:05 Conclusion and Call for Questions

In this final installment of our Roth IRA miniseries, hosts Eric and Rachael Johns take you beyond the basics and dive deep into advanced Roth strategies that can help you maximize your retirement savings. Whether you're a seasoned investor or just starting to explore Roth accounts, this episode is packed with actionable insights and expert tips.

What you'll learn in this episode:

-The latest on Roth conversions and how to decide if they're right for you

-Strategies for high-income earners, including the backdoor Roth

-How to use Roth accounts for tax diversification in retirement

-Common mistakes to avoid with Roth IRAs

-Real-life scenarios and listener questions answered

Don't miss out on the key takeaways that could make a big difference in your financial future!

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Welcome to episode 84 of Accessible Finance for Retirement! Hosted by Eric and Rachael Johns, this episode dives into Roth IRA Conversions, a powerful strategy for managing taxable income and optimizing your retirement savings. Learn about the fundamentals of Roth conversions, strategic timing, and common pitfalls to avoid. Discover how to leverage Roth conversion ladders, and why deliberate planning can make a significant impact on your long-term financial health. Tune in for expert insights, actionable tips, and a detailed discussion to help you navigate Roth IRA Conversions like a pro.

00:00 Introduction to Episode 84

00:32 Overview of Roth Conversions

01:33 Roth Conversion Fundamentals

01:59 Tax Implications and Strategies

04:28 Partial Conversions and Tax Brackets

05:48 Planning and Calibration

09:48 Roth Accounts and RMDs

10:56 Understanding IRA Balances and Growth

11:18 Strategic Timing for Roth Conversions

11:50 Roth Conversion Ladders Explained

12:40 Tax Brackets and Conversion Strategies

14:17 Medicare and Irma Thresholds

15:07 Effective Tax Rates and Planning

18:50 Common Pitfalls in Conversion Strategies

21:54 Final Thoughts on Roth Conversions