Roth Conversions + Medicare: The Timing Mistake That Costs You Later
Every fall, the same question comes up: should you convert some of your IRA to a Roth before year-end? Most people treat it as a tax-bracket decision — but there’s a Medicare wrinkle in the timing that catches even sharp, financially sophisticated people off guard.
In this video, the advisor walks through a situation modeled on a real planning scenario: a large traditional IRA, looming RMDs, and a two-year IRMAA lookback that can quietly raise Medicare premiums years after a conversion is made. You’ll learn why the years between retirement and RMD age are the highest-leverage window most people get, how to use low-income years strategically, and a few often-overlooked tools (QCDs, beneficiary review, trust considerations) that round out the plan.
Radiant Wealth Planning is a fee-only fiduciary firm serving high-net-worth professionals and executives. Learn more at RadiantWealthPlanning.com.
This content is for educational purposes only and does not constitute financial, tax, or legal advice.
Have a similar situation? Reach out directly: Randa@RadiantWealthPlanning.com
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Welcome to our videos where we share tips and advice on all topics that help women meet their financial goals.
About the Author
Randa Hoffman is the owner and financial planner at Radiant Wealth Planning, a fee-only financial planning and investment management firm exclusively for women. She helps ease the uncertainty around retirement, tax planning, and transitioning wealth so that women can live a life they’ve always dreamt of. She holds an MBA and EA and lives in Newport Beach, CA.
