{"id":6366,"date":"2022-09-28T16:00:03","date_gmt":"2022-09-28T20:00:03","guid":{"rendered":"https:\/\/kingwealthmanagement.com\/?p=6366"},"modified":"2022-10-12T15:27:10","modified_gmt":"2022-10-12T19:27:10","slug":"roth-conversions","status":"publish","type":"post","link":"https:\/\/kingwealthmanagement.com\/roth-conversions\/","title":{"rendered":"Roth Conversion"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6366\" class=\"elementor elementor-6366\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2784cf1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2784cf1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b0b1f4 ot-flex-column-vertical\" data-id=\"6b0b1f4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-73d631a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73d631a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8cc38ac ot-flex-column-vertical\" data-id=\"8cc38ac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fa0c07e elementor-widget elementor-widget-heading\" data-id=\"fa0c07e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Roth Conversion<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-508a439 elementor-widget elementor-widget-text-editor\" data-id=\"508a439\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Roth conversions may create a beneficial tax-free growth for your investments, but there are a few considerations to work through.\u00a0 Converting from a traditional IRA to a Roth IRA creates a taxable event and may have a positive or negative affect on your overall financial wellbeing.<\/p><h2><strong>What to consider before a Roth Conversion?<\/strong><\/h2><div><ul><li>Where are you getting the money to pay for this taxable event?<\/li><li>What will your future tax bracket be when it is time to pay the tax on this conversion?<\/li><li>When do you need this Roth IRA money you are converting?\u00a0<\/li><li>Will this affect any capital gain tax bracket?<\/li><li>Will this affect your Health Care premium tax credit?\u00a0 Medicare part B?\u00a0 or Social Security taxation?<\/li><\/ul><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b7d8b09 ot-column-items-center elementor-hidden-mobile ot-flex-column-vertical\" data-id=\"b7d8b09\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-8083fb5 elementor-widget elementor-widget-heading\" data-id=\"8083fb5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How we can help<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddfb0e2 elementor-widget elementor-widget-text-editor\" data-id=\"ddfb0e2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Roth Conversion is a popular subject, but there are several factors that may influence the timing and appropriateness of a conversion.\u00a0<\/p><p>King Wealth Management is not a tax advisor and does not render tax advice. Separate tax counsel is required. We will work with your preferred tax advisor as needed.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Roth Conversions<\/p>\n","protected":false},"author":4,"featured_media":5891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,64,1],"tags":[52,50,48],"_links":{"self":[{"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/posts\/6366"}],"collection":[{"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/comments?post=6366"}],"version-history":[{"count":25,"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/posts\/6366\/revisions"}],"predecessor-version":[{"id":6939,"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/posts\/6366\/revisions\/6939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/media\/5891"}],"wp:attachment":[{"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/media?parent=6366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/categories?post=6366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kingwealthmanagement.com\/wp-json\/wp\/v2\/tags?post=6366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}