TAX EFFICIENCY

We help clients with tax efficient income planning. Randy Stoltz, firm president, is a member of Ed Slott’s Elite IRA Advisor Group, and the Clear Direction team is well-versed in these strategies.

When suitable for your personal situation, our team will work with you to convert your Traditional IRA or 401(k) account to Roth IRAs, so that you can enjoy the benefits of a tax free income stream in retirement. 

Most people haven’t given much thought to how their retirement income streams are going to be taxed. Any distributions from Traditional IRA accounts occur at ordinary income tax rates that have the potential to be substantially higher at the age when you start to take distributions.

While brackets are this low, income taxes are still on sale, but for how much longer? Tax rates 2 decades ago were lower than they are now. Without realizing it, your IRA is essentially a joint account with the IRS.

Roth accounts, however, have already been taxed; distributions are tax-free, FOREVER! Converting your Traditional IRAs and 401k plans to Roth accounts can have significant tax benefits!

To explore if a ROTH conversion is suitable for you, view or print the “Get to TAX FREE, is a ROTH conversion for me?” PDF by entering your email below.

Get the "Is Roth Conversion Right for Me" One Pager

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