Jill on Money with Jill Schlesinger cover image

When to Save, When to Spend?

Jill on Money with Jill Schlesinger

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You Can't Convert More Than the Standard Deduction

What ever you convert would get added to your taxable income. You can't convert more than put it this way, if you're at the top end of the 12 % bracket, you then cannot convert anything more than the standard deduction or the 25 thousand. If i got it wrong, let me know. Sharron wrights, i'm looking for a financial planner. I understand the person should be a feduciary. Oh, she doesn't want to change her brokerage firm.

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