100% Tax Increase?
Roth accounts are one of the most powerful tools for building long-term, tax-free wealth.
Roth IRAs grow tax-free, they’re not subject to Required Minimum Distributions, and they can be passed to your heirs without triggering income tax—making them a cornerstone of smart retirement and legacy planning.
If you're thinking about doing a Roth Conversion, in this video with @erinkennedytv, I walk through three key considerations to help determine if it's the right move:
1. What will your future tax rate look like?
2. When will you need to access the funds?
3. What tax rate will your beneficiary likely face?
We’re currently living in a historically low tax environment—thanks to the Tax Cuts and Jobs Act of 2017—but those cuts are set to expire at the end of 2025. That means there may never be a better time to consider a Roth Conversion.
Just remember: Conversions must be completed by the end of the calendar year—you can’t wait until tax filing season.
If you'd like to crunch the numbers or get the process started with our team, please call us at 847.499.3454 or visit www.WFSTA.com
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