I just retired a month ago and am contemplating my IRA to Roth conversions for next year. I will basically have $8,500 of income for next year via distributions and capital gains, etc. What is the taxable income level I should shoot for in order to remain in a low tax bracket and still qualify for a decent affordable health care plan? My minimal research has me somewhere in the $45,000 to $57,000 range for adjusted gross income. Does that sound correct or can I go higher?
That's the question Jeffrey Levine, chief planning officer of Buckingham Wealth Partners, answered in this episode of Ask the Hammer.
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