Timothy Sumer

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...