Using Multi-Year Roth Conversion Plans for Bigger Tax Savings

Let me break down the multi-year Roth conversion strategy—and why it’s a game-changer for those with sizable bonuses or fluctuating yearly income.

Instead of converting all your IRA at once and getting hit with a massive tax bill, you can spread conversions over multiple years. This keeps you in a lower tax bracket and lets you convert more money to a Roth IRA—where it grows and can be withdrawn tax-free in retirement.

This is ideal for professionals earning $200K+, especially if you often see spikes in income or expect future tax rates to rise. It puts you in control of your retirement tax situation, especially before those Required Minimum Distributions show up.