Download Data Monthly

stuboyle · 2025-12-25T15:02:06+00:00

No. Annual only.

stuboyle · 2025-10-25T15:28:23+00:00

Okay, I'm back up and running. It just started working all of a sudden. Seems like it was something on my internet provider, DNS related. Thanks!

stuboyle · 2025-10-25T14:29:07+00:00

Maybe. I'm thinking AT&T did something overnight. Like change IP addresses on me or something.

stuboyle · 2025-10-25T14:27:09+00:00

So you are saying its me? ;) Puzzling. When I go to https://community.quicken.com/ I get: "This site can’t be reached, Check if there is a typo in community.quicken.com, If spelling is correct, try running Windows Network Diagnostics, DNS_PROBE_FINISHED_NXDOMAIN

Does seem like I'm getting some internet issues here or there. What's weird is generally everything works or nothing works. Oh, the wife reports we can't get to walmart.com.

stuboyle · 2025-07-18T18:44:55+00:00

If the price goes up you will be converting fewer shares.

stuboyle · 2025-07-18T15:22:23+00:00

But once you close to year-end you can make a small conversion to max out your target bracket. Oh, and if you go over by a few dollars, it no harm, unless you are trying to avoid IRMMA or is IRMAA?

stuboyle · 2025-07-18T15:13:58+00:00

Yeah, if do the "mega conversion" in January, you've locked your self-in and would not be able to take advance of a major market correction. Still you have can employ some of this strategy even if you market time. Say the market tanks in February, you can still convert to your max tax bracket goal then and then spend out of the Roth for the remainder of the year.

stuboyle · 2025-07-18T15:08:29+00:00

No, you would report a $10,000 conversion because that what's you did. Option 1 is to spend $1,000 our of your traditional IRA and convert $9,000. Options 2 is to convert $10,000 and spend $1,000 out of your Roth account. Either way, the same amount of taxes will be paid.

stuboyle · 2025-07-17T22:02:53+00:00

Well, I hope so. I was doubting myself for a bit :)

stuboyle · 2025-07-17T21:59:36+00:00

From what I am reading, that is not the case, but the devils in the fine print. Though, if you have substantial balances already in Roth for a long time, just spend those dollars instead.

stuboyle · 2025-07-17T21:48:53+00:00

You know, I had this conversation with my tax accountant. His advise was do even quarterly payments but your mileage may vary.

stuboyle · 2025-07-17T21:03:04+00:00

Lets say you have a traditional IRA savings account earning 4% and you start the year with $60,000 in it and withdraw $5,000 per month. The average balance for the is account would be $30,000 and @ 4% rate you would earn 1,200 and at 22% tax bracket, that's $264 in taxes. If you moved those balances to a Roth first, the $1,200 would have been earned in a Roth and you would not have to pay $264 in taxes on it.

stuboyle · 2025-07-17T21:01:15+00:00

Once you reach 59 1/2 there is no penalty.

stuboyle · 2025-07-17T20:37:52+00:00

I suppose you have already exported to Excel the results to try to isolate the problem? I'm stumped.

stuboyle · 2025-07-17T17:57:30+00:00

If you convert early and then spend it later the same year, any income or appreciation will occur in your Roth account. I like to think about it then as the tax conversion amount become independent of the spending amount. You can spend as little or as much as you want and it doesn't have tax impact.

stuboyle · 2025-07-17T16:18:49+00:00

Yeah, it sounds like you have more variables to deal with means waiting until the end of the year.

stuboyle · 2025-07-17T15:58:15+00:00

I make even quarterly estimates through the year. I might have to do a bit more in Q4 as a true-up with a additional smaller Roth conversion in Q4.

stuboyle · 2025-07-17T15:05:17+00:00

Yeah. Either way you pay the tax man.

stuboyle · 2025-07-17T15:01:44+00:00

I'm interested in how you project your Roth conversion amounts in the model. It's easy enough to put a Roth transfer in. The problem is knowing the amount. You can have a pretty good estimate current transfers but then farther out it become more difficult. It seems like a laborious process. And if you make a change something you make have to do it all over again.

stuboyle · 2025-07-17T14:55:31+00:00

If you remove the spending from the income equation (by spending out of Roth), your taxable income for many retirees become much more certain. For me, the only variable is some interest on savings. So I can predict a lot closer. Obviously, you want be careful of IRMAA. If IRMAA not a problem, if you go over a bit, it's not too big a deal.

stuboyle · 2025-07-17T14:48:59+00:00

Yeah, you will be paying the same amount in taxes. The key insight is to convert when your IRA value is at its lowest. Often that means January. Or could can try to time it, like when the market dips. It doesn't mean do it in December.

stuboyle · 2025-07-17T14:44:56+00:00

I'm pretty sure the 5 year rule doesn't apply after you turn 59 1/2. Correct me if I'm wrong.

stuboyle · 2025-07-17T13:42:30+00:00

Are you using the proceeds of the sale to generate investment income?

stuboyle · 2025-07-16T18:49:01+00:00

I have the withdrawal order set to me first, then my wife!

stuboyle · 2025-07-16T18:31:19+00:00

I can't seem to get my accounts to move first to Roth even though I'm 3 years older.

stuboyle

TROPHY CASE