DH and I always do backdoor Roth IRAs annually. However, I am considering using those funds this year to perform a Roth conversion. Would convert the amount that the $15k would allow for taxes.
DH 52, retired. Annual pension $120K
Me, 48 working $160K per year, plan to work until 60
Reside in CA with no plans to move
Total pre-tax 401k/457 $1.3
My current annual contributions are Roth and maxed
Roth 403b/457 100k
DH Roth 50k
My Roth 68k
Is this just 6 of one and half dozen of another? What should I be considering? Opinions and experiences welcome.
DH 52, retired. Annual pension $120K
Me, 48 working $160K per year, plan to work until 60
Reside in CA with no plans to move
Total pre-tax 401k/457 $1.3
My current annual contributions are Roth and maxed
Roth 403b/457 100k
DH Roth 50k
My Roth 68k
Is this just 6 of one and half dozen of another? What should I be considering? Opinions and experiences welcome.
Statistics: Posted by mrshambone — Sun Jul 28, 2024 12:43 am — Replies 3 — Views 365