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The Retirement Huddle

Financial and retirement planning guidance with Mark Howard of the Howard Financial Group in Savannah.

Mark has almost three decades of experience in the financial industry, has been published in the Wall Street Journal, Barron's, South Magazine and several other publications. He has also been featured on the Savannah Morning News.

In addition to clients in Savannah, Mark also serves Hilton Head, Bluffton, Statesboro, and the rest of the Low Country.

To get your own Financial Game Plan, contact Mark today at 888-511-PLAN (7526) or go to HowardFinancialGroup.com.

  1. All Episodes
  2. Six Reasons to Consider Roth Conversions

Six Reasons to Consider Roth Conversions

Jan 18, 2024

In today’s conversation, we’re going to focus on six key reasons why a Roth conversion might be a game-changer for your financial future. As the dreaded April 15 tax deadline approaches, Mark is here to share why this strategic tax approach makes sense for just about everyone and is a great retirement vehicle to consider.

 

Here’s some of what we discuss in this episode:

  • If you’re expecting a higher tax bracket in retirement, a Roth could be a wise choice
  • Roths don’t have required minimum distributions
  • Tax diversification is important for minimizing tax impacts on Social Security income, and avoiding increased Medicare premiums
  • The implications of the SECURE Act on non-spouse beneficiaries + how a Roth IRA can offer tax-free income
  • The impact of life events such as death or divorce on your tax filing status
  • The benefits of doing a Roth conversion when IRA holdings are temporarily down

 

Want to get in touch with Mark? 

https://retirementhuddle.com/
mark@howardfinancialgroup.com
888-511-7526