You’ve likely heard of Roth IRAs and Roth conversions – but do you understand their nuances and how they actually work? Allworth Co-CEO Scott Hanson helps explain the basics, including the need-to-know contribution rules and when a conversion can make the most sense.
A little forethought can pay off big time. Allworth Co-CEO Scott Hanson explains how pre-emptive tax planning can help you avoid wasting thousands of dollars in taxes down the line.
Contrary to popular belief, your tax rate might not go down in retirement. In fact, it might go up! The culprit? Required Minimum Distributions (RMDs). We explain why… and outline three potential ways to reduce this tax burden (and save you money).
Yes, even retirees get tax breaks – but some of them are easy to forget about! Make sure you’re taking advantage when the time comes.
