Resources / Planning decisionsBEFORE A ROTH CONVERSION

Bring the pieces.
Then discuss the amount.

A conversion decision reaches across income, taxes, healthcare, and future spending. Use this checklist to organize a review with your tax and financial professionals.

Brent Rupnow, CFP®, CEPA®, ChFC®, CLU®

01 The income pictureList expected wages, benefits, distributions, gains, and other household income.Identify income that is still uncertain, including bonuses or a business transaction.Ask your tax professional to compare a conversion with leaving the account unchanged.

02 The account and payment detailsGather IRA statements and prior Forms 8606, if applicable.Confirm any required minimum distribution before a conversion.Identify how conversion taxes would be paid and what other commitments need that cash.

03 The other decisions that connectReview whether the additional income could affect Medicare premiums or marketplace assistance.Discuss when the Roth money might be needed and which withdrawal rules apply.Confirm amounts, payment timing, and instructions before the transaction.

0 of 9 items marked

The question I want to start with

Your selections and notes are not submitted or saved by this tool. Print a copy to keep them. Checking every item does not establish readiness to proceed.

READ WITH A PURPOSE

Go deeper on the decisions.

How much should I convert?

Begin with household income, tax basis, and available cash.

How will I pay the tax?

Connect the conversion to the payment calendar.

When can I spend it?

Understand the rules before assigning the money to spending.

GO TO THE SOURCE

Keep the official references close.

Social Security retirement planning

Opens the official agency website.

Medicare premiums and income

Opens the official agency website.

IRS IRA rules

Opens the official agency website.

IRS Form 8606 instructions

Opens the official agency website.

WHEN YOU WANT TO TALK IT THROUGH

Bring the question. We’ll start there.

Explore the scope, fees, and steps involved in working with Brent. Financial planning is available without moving your investments.

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