Do you have a taxefficient retirement income strategy that maximizes Roth Conversions? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 5440576 or go to https://www.safeguardinvest.com/contact.'>https://www.safeguardinvest.com/contact.

Tax planning alongside healthcare planning prior to age 65 can become complex.

Many retirees find the most costeffective healthcare option to be Affordable Care Act insurance. This creates a problem with Roth Conversions.

While on ACA (Obamacare), the amount you pay for healthcare is tied directly to your reported income. The higher your income, the more you pay for insurance.

Report too high of an income, and you risk losing your affordable care act subsidy.

Retirees often find a Roth Conversion prior to 65 difficult because a conversion will raise your reported income, potentially losing a subsidy.

For this reason, most rule out conversions. But does that have to be the case?

Can Conversions still make sense while on Affordable Care Act Insurance?

We break it down in this video...

#retirementincomeplanning #RothConversion #AffordableCareAct #AmericanRescuePlan #retirementtaxes



Always remember, "You Don't Need More Money; You Need a Better Plan"

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Safeguard Wealth Management is a Registered Investment Advisor in the State of WI. Safeguard Wealth Management is not an insurance provider. All content on Youtube is for informational purposes only and should not be taken as personal advice for your situation. You can read more disclosures at https://www.safeguardinvest.com/fiduc...