When Is It Best to Do a Roth Conversion?
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- เผยแพร่เมื่อ 3 ต.ค. 2024
- One of the most impactful tools you have at your disposal when it comes to tax planning are 𝗥𝗼𝘁𝗵 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻𝘀. 🧰
This is when you take money out of a qualified account (401k, IRA, 403b) and convert it to a Roth IRA or Roth 401(k) where it can 𝗴𝗿𝗼𝘄 𝗮𝗻𝗱 𝗯𝗲 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗻 𝗳𝗿𝗼𝗺 𝙏𝘼𝙓-𝙁𝙍𝙀𝙀!
You’d be hard-pressed to find many folks who don’t think taxes will be on the rise in the future, so why not take advantage of the current rates when they’re “on sale”?!? 🏷
But remember - the government has all kinds of rules and regulations in place you need to adhere to - so 𝗶𝘁’𝘀 𝗯𝗲𝘀𝘁 𝘁𝗼 𝘀𝗲𝗲𝗸 𝗼𝘂𝘁 𝗵𝗲𝗹𝗽 𝗳𝗿𝗼𝗺 𝗮 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹!
To speak with our talented team about getting more of your assets positioned for a TAX-FREE future, give us a call at 𝟴𝟱𝟵-𝟳𝟴𝟱-𝟭𝟲𝟬𝟯! 📲
If you have specific questions you would like to address with Kristina, Rob, or the team at Powerful Legacy, LLC directly? Book a complimentary visit here 👇
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