Roth IRA Conversion (Part 2) | 2024 Tax Planning Strategies | Inherited IRAs

In this video (Part 2) I demonstrate how to calculate the tax impact of the conversion from a Traditional IRA to a Roth IRA, including income and tax bracket considerations.

00:00 Introduction
00:55 Tax Cuts and Jobs Act Expires on December 31, 2025
06:17 Presidential Election | Split Congress | Tax Legislation
13:51 Lock In Roth IRA Conversion Now Before the TCJA Expiration
20:33 Historical Tax Rates in the United States
24:30 Beneficiary Planning (Inherit a Traditional IRA or a Roth IRA) | Secure Act
31:17 Example of Your Child Inheriting a Roth vs Traditional IRA
30:23 Remember to Watch for Part 3 Where we will use Turbo Tax for Roth Conversions

--Personal Tax Planning Template for Roth IRA Conversions--
https://numbercrunchnerds.systeme.io/...

-- Roth Conversion Video Series --

Part 3: RMD Calculations w/ Examples
   • Roth IRA Conversion (Part 3) | 2024 Tax Pl...  

Part 4: IRMMA | Net Investment Income Tax | Stock Trader Calculator
   • Roth IRA Conversion (Part 4) 2024 Tax Plan...  

Part 5: How To Calculate Estimated Taxes
   • Roth IRA Conversion (Part 5) | Calculate E...  

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