Timothy Sumer

Twelve Tax Tips of Christmas Why you should convert our 401k or Traditional IRA into a ROTH IRA. FOLLOW CHRISTIAN: Instagram: Business: Films: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future. #taxes #finance #investments... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As the end of the year approaches, it's time to start thinking about year-end tax planning. One strategy to consider is the backdoor

Is your retirement income withdrawal and tax planning strategy optimized for your 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 If doing some Roth Conversions is good, does that mean doing larger Roth Conversions is better? Should you convert all of your IRAs? How aggressive should you be on a conversion in a given year? These are common questions that we receive after many retirees find that Roth Conversions are necessary to optimize their retirement tax situation. As with most tax planning, the answer is... "It depends." In this video, we guide viewers through the key variables that determine how much you convert. We talk through who will benefit from converting everything and who will be better off leaving some tax deferred accounts to fill in lower brackets later in retirement. #RothConversion #RetirementIncomePlanning #M

In This video, Troy Sharpe, CFP® discusses the Roth Conversion Strategy, was provided directly to clients of Oak Harvest Financial Group and intended only for their use. It is presented here for informational purposes only. The tax strategies discussed may not be right for your personal situation and this video should not be taken as tax advice. Consult with a financial or tax professional before undertaking any new tax strategy. retirement planning Roth Conversion The tax reform that made it through congress in January of 2018, known as the Tax Cuts and Jobs Act of 2017, created potentially excellent opportunities to strategically plan for Roth Conversions. Not only have income tax rates been lowered, but tax brackets have been widened. This means that individuals can now take more money out of IRAs and pay less in taxes when compared to prior years. Navigating the impact of taxes on retirement requires a thorough knowledge of the tax code and a deep understanding of t