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US stock futures rise as investors track Iran conflict; Fed meeting looms By Investing.com Investing.comStock futures rise slightly as oil hovers at $100 with S&P 500 on 3-week losing streak: Live updates CNBCFutures Rise As Oil Backs Off $100; Here Comes Nvidia Investor's Business DailyU.S. stock futures, oil prices bounce around as investors weigh developments in Iran conflict MarketWatch
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Stock futures rise slightly as oil hovers at $100 with S&P 500 on 3-week losing streak: Live updates CNBCU.S. stock futures, oil prices bounce around as investors weigh developments in Iran conflict MarketWatchUS stock futures rise as investors track Iran conflict; Fed meeting looms By Investing.com Investing.comUS Futures Rise Despite Mideast Escalations TradingView
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U.S. stock futures bounce back, oil climbs as investors weigh developments in Iran conflict MarketWatchStock futures fall slightly as U.S. oil rises above $100 with S&P 500 on 3-week losing streak: Live updates CNBCUS stock futures rise as investors track Iran conflict; Fed meeting looms By Investing.com Investing.comThe Reasons for the Bull Market to Resume Morgan Stanley
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Editor's note: This is the final part of a seven-part series. It dives more deeply into the third strategy for defusing a retirement tax bomb, which is Roth conversions. If you missed the introductory article, you may find it helpful to start here.
Because they offer tax-free qualified withdrawals, Roth IRAs and Roth conversions can be a critical strategy for defusing the retirement tax bomb that traditional IRAs, 401(k)s and other pre-tax savings accounts can set you up for in retirement.
A Roth conversion is when you transfer money out of a pre-tax retirement account into an after-tax Roth. Typically, every dollar you convert is taxed as ordinary income, unless the pre-tax account was also funded with after-tax dollars.
SEE MORE Don't Move to Another State Just to Reduce Your Taxes
Here's the problem though: Most people who are facing a retirement tax bomb and are still working probably have high incomes and are in a high marginal tax bracket. The last thing they want is a Roth conversion, which adds to their income and would be taxed at high tax rates.
Instead, this is a good strategy to consider in low-income years, especially for people who retire early in their 50s and early 60s who may have several years to do conversions before Medicare means testing surcharges, Social Security income and RMDs kick in. Many of my clients do several years of annual Roth conversions starting early in retirement.
Three Windows for Roth Conversions
The first window for Roth conversions is the years before enrolling in Medicare, but recal
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