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The case against Roth conversions: Most early retirees won’t benefit from paying tax now
Yahoo Finance·2025-09-24 01:33

To understand Mullaney and Garrett’s arguments, you really only need to understand how the progressive tax bracket works. The way the U.S. system is structured, you pay tax on income in increasing increments — which currently go from 0% to 37%. When you earn income from a salary, you’re taxed at different rates as you move through the income brackets: After the standard or itemized deductions, the first 11,925istaxedat1011,925 is taxed at 10%, income from 11,926 to $48,475 is taxed at 12%, and so on. The average of those ...