#high-tax state

1 story

#domicile #federal tax #florida #part-year resident #required minimum distributions #retiree #roth conversion #state tax bill #state tax competitiveness

Roth Conversion Timing Saves State Tax Bill
A retiree converted $200,000 to Roth one year before moving to Florida, avoiding a $50k+ state tax bill.
24/7 Wall St. · 1m