Roth conversions will bring my income up to $400K. I’m 68. How much should I move over?

Core Insights - The article discusses strategies for converting funds in a 401(k) before reaching the age of 73, when required minimum distributions (RMDs) begin [1][2][3]. Tax Considerations - The IRS has released inflation-adjusted tax rates for the year 2026, which are crucial for determining how much to convert without entering a higher tax bracket [4]. - The tax brackets for 2026 include a 10% rate for single taxpayers earning less than $12,400 and married couples filing jointly earning less than $24,800, with rates increasing up to 37% for incomes over $640,600 [5][6][7]. Income Management - The individual in question aims to reduce their total income to approximately $2 million by 2030, which translates to about $400,000 per year [2]. - If the combined income exceeds $403,000 for a married couple filing jointly, they would enter the 32% tax bracket, suggesting a need for careful planning to avoid exceeding this threshold [7]. Professional Guidance - It is recommended to consult a qualified financial planner or accountant to accurately assess the impact of conversions on tax brackets and to optimize the conversion strategy [8].