Recommendation

Here is what we recommend

Your best-performing strategy, translated into a plain-language, year-by-year conversion schedule you can print and hand to a client.

Recommended strategy: Fill 24% Bracket

More aggressive conversions filling the 24% bracket — for large IRA balances or legacy Roth goals.

Convert from your traditional IRA to a Roth IRA in 9 of the next 35 years, starting in 2026 and finishing in 2034. In total you would move $2,807,110 to tax-free Roth dollars. Compared with doing nothing, this lowers projected lifetime taxes by $1,342,140 and leaves $7,416,830 more after-tax wealth at the end of the plan.

Total to convert
$2.81M
Lifetime tax saved
$1.34M
More after-tax wealth
$7.42M
Medicare (IRMAA) change
-$26K
35 year(s) with a surcharge

Your conversion schedule

Convert this amount each year, ideally late in the year once income is known.

YearAgeConvertTop marginal rateTotal tax that yearExtra tax vs. no conversionRoth balance after
202665$377,40024%$122,149$119,539$1,036,044
202766$377,55024%$122,506$120,493$1,498,410
202867$335,82624%$120,204$113,382$1,944,290
202968$298,46224%$118,189$100,730$2,377,317
203069$294,94724%$118,339$99,677$2,832,600
203170$291,34524%$118,492$98,981$3,311,381
203271$287,65224%$118,650$98,073$3,814,975
203372$283,86724%$118,812$97,142$4,344,773
203473$260,06124%$118,977$53,772$4,881,124
Total$2,807,110$901,789

How to carry this out

  1. Convert late in the calendar year (November–December) once dividends, capital gains, and any wages are known, so you can fine-tune the amount to the target bracket.
  2. Pay the conversion tax from taxable or cash accounts — never withhold from the IRA — so the full converted amount lands in the Roth.
  3. Watch the two-year Medicare IRMAA lookback: your MAGI this year sets your Part B and D premiums two years from now.
  4. Once RMDs begin at 73, the required amount must be taken first and cannot be converted.
  5. Re-run this plan each year — markets, spending, and tax law all move the target.

Bracketwise projections are estimates based on the inputs you provided and current federal and NJ tax rules. They are educational, not tax or investment advice. Confirm with your CPA before executing conversions.