Thursday, October 28, 2021
8:30 a.m. PT | 9:30 a.m. MT | 10:30 a.m. CT | 11:30 a.m. ET
The Roth IRA and its allure of tax-free income in retirement and no lifetime RMDs has long been one of the few strategic maneuvers to help ease the threat of tax risk in retirement. Qualified plans followed suit some years later by offering designated Roth accounts. Yet, a recent proposed tax bill could upend the playing field for some of your higher income clients and prospects by limiting conversions to lower income taxpayers, removing the back door Roth strategy, and forcing those with high qualified plan and IRA balances into RMD territory before age 72. Join Heather Schreiber, founder and president of HLS Retirement Consulting, as she discusses the benefits of Roth IRAs and strategies to consider as the availability of Roth IRAs stands to be threatened for some taxpayers.