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Comments:
Another point is to take an in kind conversion of a "down" stock from your Traditional IRA to your Roth, That way, assuming the stock recovers, you realize future gains tax free, as well as future dividends. Gains and dividends now in the Roth could eventually cover the tax dollars invested in the conversion.
Post: Paying to Avoid Pain
Link to comment from May 11, 2024
I thought I would get the maximum after more than 35 years of paying in the max amount. Turns out that early years in the 70's, even though the max FICA was paid, did not adjust enough in the benefit calculation leaving me short about $78.
Post: Benefits of Work
Link to comment from May 30, 2022