Bearings

What's actually known — not just who's biased.

U.S. Wealth Inequality & the OBBBA

Large Roth conversions could inadvertently boost MAGI enough to disqualify retirees from the OBBBA's new senior tax deduction.

reported by 2 outlets · Asserted cause · first recorded Jul 9, 12:46 PM

How each outlet reported it

fool.comUnrated · Jul 9, 12:46 PM

Big Roth conversions could inadvertently boost MAGI by so much in a single year that retirees are priced out of the OBBBA's new senior tax deduction.

Details: Roth conversions; boost MAGI; priced out

Read the original article ↗

finance.yahoo.comUnrated · Jul 9, 12:46 PM

Rushing into large Roth conversions could inadvertently boost MAGI by so much in a single year that retirees become ineligible for the OBBBA's new senior tax deduction.

Details: large Roth conversions; boost MAGI; ineligible for senior deduction

Read the original article ↗