Roth Conversion Strategies for 2021

In light of recent tax proposal released by the House Ways & Means Committee on September 13, 2021, Adam Bergman, Esq., founder of IRA Financial, will explore Roth conversion strategies in this UA-cam Live event.
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About IRA Financial:
IRA Financial was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions.
IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial does not provide legal services. No attorney-client relationship exists between the Client and IRA Financial Group, its management, salespersons, or IRA Financial’s in-house legal counsel. IRA Financial provides IRA retirement facilitation service and CANNOT provide Client with legal, investment, or financial advice. Prior to making any investment decisions, please consult with the appropriate legal, tax, and investment professionals for advice.
IRA Financial is not engaged in rendering legal, accounting or other professional services. If legal advice or other professional assistance is required, the services of a competent professional person should be sought. (From a Declaration of Principles jointly adopted by a Committee of the American Bar Association & a Committee of Publishers and Associations.). The scope of Professional Services does not include the costs of any custodian related services.
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[@tomgutman7210]

Facts: Age 70 1/2, married, $1.5 million IRA. I read where the only reason to convert to a Roth at this age is for your children to get 10 years tax free growth along with not having to make RMDs which would increase their tax bracket on their wage income. After watching your video (they are all so informative), what would be your strategy based on the added risk from the U.S. Congress changing the rules? I think a lot of people would be interested in your answer. Better yet, when does it not make sense to convert? Keep up the excellent videos!

[@bigtoeknee11]

I plan on retiring in 3 years age 55 and doing roth conversions until SS from my 401k will these proposed changes affect me?

[@off-roadingcars]

What’s your Bitcoin price target

[@Erginartesia]

Isn’t ‘selling a house’ a capital gain that won’t be in your income? Are you talking about IRMAA? Also, you talk about 500 people with over $25mil in 401k .. and how many ‘average tax payers’ do there have to be for that one guy with $25 million? I’d say the smaller number of people is actually an example of the issue.
Backdoor Roth IRA - doesn’t that only take effect in 2031? I.E., 10 years from now? That is a tactic to get people to convert to ROTH NOW, vs later.