The Roth Conversion and Mega Backdoor Roth may be on the chopping block with proposed legislation moving forward in congress. The idea that has been floating around on if you should take advantage of the Roth Conversions before the end of the year are weighing on higher income earners. There is a strategy that may help minimize or eliminate all your taxes in the year of the conversion. I was talking with another industry pro on how to accomplish this conversion and not pay taxes, legally of course. Let me know in the comments if you're considering this type of transaction and I may do a video on it or add it to the membership section. I don't think it's going to be highly used by for high income earners it may be a big help. ----------------------------------------------------- Join this channel to get access to perks: ----------------------------------------------------- ///////////////////////////////////////////////// Get answers FASTER... Join this ch...
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 :)