Don't Fall into the Roth Conversion "Catch-Up" Trap

Is your Roth Conversion strategy maximizing your after-tax wealth in retirement? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to https://www.safeguardinvest.com/contact.

Are your tax-deferred accounts outgrowing your Roth Conversion strategy? Are you finding it difficult to minimize required minimum distributions because of this?

You're falling into the Roth Conversion 'Catch-Up' Trap!

This trap is oftentimes created because retirees aren't getting the most out of their conversion strategy.

There are a few reasons for this. An important one is the timing of your conversions.

Many retirees and advisors will wait until the end of the year to perform conversions. This can be problematic.

For instance, if you perform a conversion at the end of the year, your tax deferred accounts have grown for the full year! Now at the end of the year, you are converting at a premium.

Instead, this growth could have taken place within your conversion if you shift the timing of your conversion.

In this video, we will discuss some important Roth Conversion strategies you can use to avoid this catch-up trap and gain control of your retirement tax situation.

- - - - - - - - - - - - - - - - -

Always remember, "You Don't Need More Money; You Need a Better Plan"

🍿 Subscribe to our channel: https://www.youtube.com/channel/UCVMA...

🏆 Join our 'Retirement Mastery' Facebook Group: https://bit.ly/retirement-mastery-group

📈 Talk with us about your retirement plan here: https://www.safeguardinvest.com/contact

📚 The New 60/40: How the Next Generation of Retirees Can Achieve Radical Financial Freedom through Better Safe Investing - https://www.amazon.com/New-60-Generation-Financial-Investing/dp/B08H6TCMFN

Safeguard Wealth Management is a Registered Investment Advisor in the State of WI. Safeguard Wealth Management is not an insurance provider. All content on Youtube is for informational purposes only and should not be taken as personal advice for your situation. You can read more disclosures at https://www.safeguardinvest.com/fiduciary

Видео Don't Fall into the Roth Conversion "Catch-Up" Trap канала Safeguard Wealth Management