Before making a Roth conversion, always work with your advisor and consider the importance of timing and taxes to get the most out of the conversion. Just like Dr. Dre, you may need to make some charitable deductions to decrease your tax bill.
Many people only respond financially to the end-of-season of income changes like job raises, bonuses, and commissions. Carey tapped into something much smarter: letting a single holiday song transform into an evergreen asset that pays her consistently every Christmas. That can apply to your own personal finances as well.
