Description
Without a working crystal ball all tax planning includes some guesswork. For years financial advisors have used the sunset of the Tax Cuts and Jobs Act as a reason to convert to Roth. With the change in administrations and promises of TCJA continuing beyond 2025, or even expanding, this session dives into what that means for the future of Roth conversions. Steven shares his perspective on what will happen (no insider knowledge, just his guess) and more importantly how advisors can approach tax planning and Roth conversions in the face of uncertainty.
Learning Objectives
1. Understand the implications of proposed tax law changes
2. Learn the benefits of Roth conversions beyond estimated tax savings
3. Articulate when Roth conversions are a bad fit for a client
4. Expand knowledge of how to effectively execute Roth conversions