There is still time to save money on multi million dollar Roth IRA conversions in 2022! The tax laws are changing!! This case study is of a real life client who called wanting to know how they could reduce their current 2022 projected tax liability of $526k on $1.7m income. They completed a $850k Roth IRA conversion at the beginning of the year, and are looking at taking an additional $300k out of the IRA to pay the taxes. They know that future tax rates are going up, and they're worried that congress is going to change to laws to RESTRICT Roth IRA conversions for affluent retirees---so they had three questions: 1.Have we done the right thing converting $850k? 2. Is there anything that we can do to reduce 2022 taxes? 3. How can our overall situation be improved? ANSWER: Yes, yes and YES! The Supercharged Roth IRA converson tools can be used to reduce your 2022 tax liability and can help you convert the entire $3.5m IRA account and pay LESS TAXES that you would ha
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)