Today on Your Money, Your Wealth® podcast #269 with Joe Anderson, CFP® and Big Al Clopine, CPA: Roth IRA conversion pro-rata rule considerations with RMDs on an inherited IRA, tax bracket planning to account for the loss of a spouse, and the state income tax impact on Roth conversions. Plus, earnings on a reversed excess IRA contribution, how dollar-cost averaging affects capital gains tax first in, first out (FIFO) rules, zero-coupon bonds, whether to use the brokerage option in your 401(k) & more. Send in money questions, read the transcript & access free financial resources:

00:57 – What Do I Do About the Earnings on a Reversed Excess Contribution to My IRA?
06:51 – Backdoor Roth IRA Strategy: What’s the Conversion Limit?
09:42 – Is an Inherited IRA Included in Pro-Rata Rule for Roth Conversions?
15:30 – Loss of Spouse: Roth Conversion Tax Bracket Planning
19:59 – State Income Tax Impact on Roth Conversions
26:46 – Should I Use My 401(k) Brokerage Option?
31:11 – What Do You Think of My $6M Retirement Investment Strategy?
34:02 – Does Dollar Cost Averaging Affect FIFO Rules for Long Term and Short Term Capital Gains Taxation?
37:52 – Pros and Cons of Individual Vs. Joint Brokerage Account for Beneficiaries
39:57 – Zero-Coupon Bond vs. a Regular Bond: What’s the Purpose of a Zero-Coupon Bond?

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• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.
• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with a tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
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• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors….(read more)

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