consequences: there are taxes built in, you must pay a certain amount of tax
when you’re younger, you look at your tax bracket every year
how much money is your current income from the top of the bracket?
take that difference and put it in a Roth IRA (tax free on distribution and never subject to RMDs)
Talking about beneficiaries of investment accounts
distribution; what happens?
Strategies with inheritance that is important for clients to know
If you inherit an IRA… stop and call an advisor right away!
distributions can’t be undone
HOW do you save your money?
variables and strategies of saving
maximize turns and minimize risks
Discussing spousal rollovers
So much value in having an advisor who knows how to help you navigate these things
RMDs are significantly under discussed
What is a bene IRA?
how important is it?
If you’re 70.5 and you haven’t done anything about your RMDs you are stuck with a certain taxable amount
May 2, 2019