Velomon Group

While everyone is focused on the Roth conversion tax, they miss the fact that conversion is a choice between two tax systems:

* There's the default system where we'll pay taxes on all income - forever - and pass the remaining tax liability to our heirs, or

* The 'alternate' tax system of 'pay the conversion tax and be rid of many taxes and risks forever - and pass those benefit on to your heirs.

How do you decide which tax system you want to live with?

There's only one answer. You MUST know which one will result in your lowest lifetime tax bill.

That's where our energy needs to be focused.

Don't get fixated on the conversion tax alone. It's just one of variable in the decision equation

Figure out which system financially benefits you first. If it's Roth conversion - great. Then let's figure out how to minimize the conversion tax so your net benefit is even greater (our specialty).

If the traditional system would be less expensive - the conversion tax is meaningless, and you can make the 'no-convert' decision with confidence.

Simple - but not simple.

The good news is that we can 'value' both tax systems so you can make the best decision for you.

WEBINAR: Inflation-Proof Income In Retirement 3 Strategies To Generate Dependable Retirement Income

Here's a new podcast just dropping today on which I was a guest - talking about converting traditional IRAs, 401ks. etc - to Roths. Some good stuff!

Roth Conversions with Jay Beattey - LifeBlood You've heard of Roth conversions, but do you understand the risks of not doing it? Jay Beattey talks about all the important variables to consider!