Timothy Sumer

States that don't tax your pension or Social Security: Simply take all the states wiht no state income tax and then add Alabama, Illinois, Mississippi and Pennsylvania. Yes, you heard that right, Illinois is one of the few states that leave your pension AND Social Security alone! Oh, don't get me wrong, they make up for it in other ways but in terms of income from retirement accounts Illinois is going to be hard to beat. ================================= GET ALL MY LATEST BLOGPOSTS: If you like what you see, a thumbs up helps A LOT. It tells YouTube that people are engaged and so the Youtube algorithm will show the vide to others who may be interested in the content. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here: Contact me: Josh@heritagewealthplanning.com GET MY BOOKS: Both are FREE to Kindle Unlimited Subscribers! The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It Strategic Money Plan

Is converting your traditional retirement account to Roth, all at once, a good move? ______________________ To schedule a conversation with Mike, go to talktomike.com, or call 512 265 5000 ****** Listen instead: ****** To learn more about retirement planning , go to cenadvisors.com ______________________... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA Converting an IRA to a Roth IRA can be a great way to reduce your future tax burden and maximize your retirement savings. However, many people are hesitant to make the conversion due to the potential tax implications. Fortunately, there is a way to convert your IRA to a Roth all at once, which can help you avoid the additional tax burden and maximize your retirement savings. When you convert your IRA to a Roth, you are essentially exchanging your traditional IRA for a Roth IRA. T