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Nov 2024
14m 10s

IRA Contribution Strategies: How You Nee...

Michelle Moses | CFP® & Realtor®
About this episode

Thinking about leaving a legacy? The SECURE Act changed the rules for inheriting IRAs, potentially impacting your financial plans. Learn how you can change your savings strategy to minimize taxes for your heirs.

What You'll Learn:

  • The 10-Year Distribution Rule: Understand how the SECURE Act affects how beneficiaries access inherited IRA funds.
  • The Power of Roth IRAs: Discover why Roth IRAs are even more important now for tax-free retirement income.
  • Strategic IRA Withdrawals & Alternatives: Explore strategies like controlled withdrawals and life insurance to manage tax implications and secure your heirs' future.

Related Episodes:

Using a Backdoor Roth IRA for Retirement Savings (Ep. 54) 

Controlling Your Wealth with Wills, Trusts and Estate Planning (Ep. 14)

 

Ready to take the next step?

 

Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor or professional before making any financial decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.

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