Timothy Sumer

Today we're looking at the taxes in a Roth IRA conversion and focusing on the opportunity given all that has happened in 2020. The opportunity to convert some or all of your traditional IRA to a Roth IRA is greater than ever seeing how many feel that taxes are likely headed higher. Let's dig into the idea of lowering future taxes with a Roth IRA conversion this year. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.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 Roth IRA taxes and conversion strategies are important topics to consider when p...

Have you ever been confused on how taxes work for Roth Conversions? In this video, learn how taxes are payed on Roth Conversions! Thank you for watching! Please like the video and subscribe to the channel if you enjoy the content! Here are a few ways that we might be able to help; 1. Watch our free educational videos here on our YouTube Channel 2. Like the Money Evolution Facebook Page. Additional investment and retirement planning content, including Live Stream Market, updates not on the YouTube Channel. 3. Our WealthVision Comprehensive Financial Plan: 4. Learn more about our retirement planning Course The Retirement Time Machine Tracking: 404169-1... ( 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 Tax season can be a tricky time for those who have recently converted from a traditional IRA to a Roth IRA. Converting from a traditiona...

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...