Episode 49

Roth IRA Conversions: The Wisconsin Tax Law That Changes Everything - 11/29/2025

Download Subscribe
00:00:00
/
00:52:50
RSS Feed Download (48.4 MB) Link with Timestamp

November 29th, 2025

52 mins 50 secs

Link with Timestamp

Download MP3 (48.4 MB)

Your Host
Tags
rmds required minimum distributions continuity of income gifting assets stepped-up basis estate planning capital gains schedule d tax loss selling 10-year bond russell 2000 nasdaq s&p 500 market performance complexity of investing uncommon sense investing financial advisor pre-tax versus roth 401k contributions age 67 000 exclusion $24 retirement distributions wisconsin state tax exemption roth ira conversions

About this Episode

John Berkley discusses a strong market week before focusing on the major complexity added by a new Wisconsin state tax law. The law exempts up to $24,000 in retirement distributions per person (age 67 or older) from state tax. This significantly alters the decision to convert to a Roth IRA, as paying conversion taxes now means forfeiting the future state tax exemption on distributions. The discussion also covered year-end tax loss selling and complex estate planning issues, highlighting how the growing intricacy of tax and investment laws necessitates the help of a financial advisor.