Timothy Sumer

When you perform a Roth Conversion, you are deciding to pay taxes today to get out of future taxes. Are you getting the most out of the taxes you are currently paying? How do you know? 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 Timestamps: 0:00 - The Best Roth Conversion Timing Strategy in 2023 0:11 The Normal Roth Conversion Process 1:22 Timing Strategy #1 - The Most Common Strategy 2:38 Timing Strategy #2 3:22 A Common, But Wrong, Objection 5:13 Timing Strategy #3 + #4 5:58 Timing Strategy #5 - The Safeguard Method 7:06 A Drawdown Method Example 8:22 The Historical Results - - - - - - - - - - - - - - - Always remember, "You Don't Need More Money; You Need a Better Plan" 🍿 Subscribe to our channel: 🏆 Join our Weekly Email Series: 📈 Talk with us about your retirement plan here: 📚 The New 60/40: How the Next Generation of

Dean Barber and Bud Kasper always have a blast when they attend Ed Slott’s Elite IRA Advisor GroupSM workshops. At the workshop they attended in April in Baltimore, they reviewed several things to consider before doing Roth conversions. Dean and Bud are going to give a brief recap of what they discussed at the workshop as they go over pros and cons of converting to a Roth IRA on America’s Wealth Management Show. Timestamps: 00:00 - Introduction 02:10 - Dean & Bud's Top 3 Reasons to Convert (or Not) 08:04 - Ed Slott's Reasons to Convert (or Not) 20:44 - What We Learned in Today's Show More on this episode: See Our Calendar: Start Planning: Inherited IRA Rules: RMD Age in 2023: What's Your Required Beginning Date?: Podcasts with Ed Slott Creating a Tax-Free Retirement: Understanding the SECURE Act 2.0: How to Avoid the Biggest Tax Traps: Ed Slott In-Studio: Retirement Plan Checklist: Tax Reduction Strategies: Tax Rates Sunset in 2026 and Wh

Does your retirement plan build tax-free wealth efficiently? Are you using a Roth IRA, Roth 401k, or Roth Conversion to add to your tax-free bucket? 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 What is the best way to add money to your tax-free bucket? ✅ Should you contribute to a Roth IRA? ✅ Should you contribute to a Roth 401k? ✅ Or should you perform a Roth Conversion? Even though each of these ends up with more dollars in Roth Accounts but what is the best Roth account and best way to add to these important retirement accounts? A Roth IRA is quite different from a Roth 401k. Roth IRAs are not subject to RMDs. They have a larger universe of investment options to choose from. And in certain ways, they have more accessibility, specifically before age 59.5. Roth 401ks have a completely different set of benefits. Roth 401ks are afforded higher contribu