Many retirees with a steady income from their 401(k) or traditional IRA accounts may have never considered a Roth conversion strategy. Other retirees might have looked at a Roth conversion in the past but thought it might not be for them because paying the required taxes up front can be a tough pill to swallow.
Published on: 08/23/2019 | Category: Financial Plan Taxes
A bill has been introduced to the California Senate (SB378) to introduce a 40% state estate tax. Unlike the federal estate tax which has a $11.4mn exemption, this proposed state tax would only have a $3.5mn exemption.
Published on: 05/10/2019 | Category: Financial Plan Taxes