In this video, we dive deep into retirement planning, tax-saving strategies, and financial planning for retirees. With expert insights from Ed Slott—an acclaimed IRA and retirement distribution specialist—you'll learn how to protect your savings, make the most of Roth conversions, and avoid costly tax mistakes.
We’ll answer questions like:
- When is the best time to convert to a Roth IRA?
- How can you minimize taxes on retirement withdrawals?
- What should you know about the SECURE Act and future tax rates?
Whether you're in your 50s, 60s, or already retired, this guide will help you secure your financial future and maximize your investments.
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Dive straight in:
00:00 | Tax & Estate Planning - Maximize savings with expert strategies.
02:30 | Retirement Tax Planning - Why early planning matters.
06:50 | Proactive Tax Strategy - Avoid the pitfalls of reactive planning.
09:00 | Wealth Protection - Save significantly for beneficiaries.
13:40 | Tax Law Changes - Challenges and evolution in planning.
16:00 | Certainty in Tax Planning - Real savings for families.
20:00 | Tax Cuts & National Debt - Future implications to consider.
22:00 | Debt & Tax Strategies - Why efficient planning is critical.
25:50 | Risk IQ - Understand your tax risk profile.
27:50 | IRA & 401(k) Risks - Hidden tax burdens explained.
31:50 | Protect Savings - Shield assets from future taxes.
33:30 | Roth Conversion Timing - A client’s costly market lesson.
37:20 | Roth Strategy - Use tax brackets to your advantage.
39:20 | Mitigate Tax Risks - Why investing in a Roth IRA matters.
43:20 | SECURE Act & RMDs - New age limits and security concerns.
45:10 | Leverage Tax Cuts - Smart IRA to Roth conversions.
49:10 | Charitable Giving & Insurance - Maximize tax benefits.
51:10 | Life Insurance Advantages - Tax perks and larger inheritances.
55:00 | Trust Complications - Tax traps for IRA beneficiaries.
56:50 | Personalized Tax Strategy - Why custom planning matters.
1:00:30 | Inheritance Planning - Ensuring financial prudence.
#retirementplanning #retirementincome
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Howard Bailey Securities, LLC, is an investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. Insurance products and services are offered through Howard Bailey Financial, Inc™. Howard Bailey Securities, LLC. and Howard Bailey Financial, Inc.™ are affiliated companies. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Form ADV Part 2A can be obtained by visiting and search for our firm name. ADV Form 2B is available upon request. Neither the information nor any opinion expressed is to be construed as solicitation to buy or sell a security of personalized investment, tax, or legal advice.
This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.
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By: Retire with Purpose from Howard Bailey Financial
Title: Tax Strategies for Retirement: Ed Slott Discusses Estate Planning, and Saving Millions on Taxes.
Sourced From: www.youtube.com/watch?v=HIkO69rLlC8
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