Model your federal and state taxes year by year through retirement. Find Roth conversion windows, manage IRMAA brackets, and minimize your lifetime tax bill.
Get Started FreeMost people don't think about taxes in retirement until they get the bill. But retirement taxes are fundamentally different from working-year taxes — and without proactive planning, you can easily overpay by tens of thousands of dollars.
Here's what catches retirees off guard:
You can't optimize what you can't see. A retirement tax planner shows your projected tax bill for every year of retirement — making it obvious where the opportunities are and where the traps lie.
Complete tax modeling that shows your federal, state, and Medicare tax picture for every year of retirement.
Calculates your federal tax using current brackets and standard deduction. See exactly which bracket you fall into each year and how much room you have before the next one.
State income taxes are calculated alongside federal. Compare how different state tax rates affect your total tax burden in retirement.
Provisional income determines how much of your Social Security is taxable (0%, 50%, or 85%). Bullseye calculates this automatically based on your total income each year.
Medicare IRMAA surcharges use income from 2 years prior. Bullseye projects your MAGI forward so you can see which IRMAA bracket you'll hit — and plan to stay below thresholds.
Use Bullseye's scenario feature to model Roth conversions of different amounts. See how conversions now reduce RMDs later and the net lifetime tax impact.
Starting at 73, RMDs are added to your taxable income automatically. See how growing RMDs push you into higher brackets over time and whether action is needed.
Janet retires at 63 with $800K in her Traditional IRA. Between 63 and 67, her only income is $18,000 from a part-time job. She has $63,000 of room in the 12% bracket (after standard deduction). Over 4 years, she converts $250,000 to a Roth at the 12% rate — paying $30,000 in taxes now to avoid paying $75,000+ at higher rates when RMDs start at 73. Read more about Roth conversion rules by age.
Robert's income is projected at $210,000 — just above the $206,000 IRMAA threshold. This triggers $838/year in additional Medicare premiums for him and his wife. By slightly reducing his 401(k) withdrawal and taking from his Roth instead, he stays below the threshold, saving $838/year in IRMAA surcharges. Use our IRMAA calculator to check your brackets.
Carol claims Social Security of $30,000/year and has $25,000 in 401(k) withdrawals. Her provisional income ($25,000 + $15,000) = $40,000 — making 50% of her Social Security taxable. If she instead withdrew from her Roth, her provisional income drops to $15,000 and zero Social Security is taxable, saving roughly $2,500 in federal taxes.
Run your own personalized projection with your actual numbers — free.
Try Bullseye FreeModel your federal taxes, state taxes, IRMAA, and RMDs year by year. Find Roth conversion opportunities before it's too late.
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