In this video we discuss the process of turning Non-Qualified Funds into Qualified Funds. We discuss how to minimize income taxes during your lifetime including a discussion of when it is optimal to use tax deferred accounts vs Roth accounts. We discuss IRAs, 401(k)s, 403(b)s, 457(b)s, TSPs, SEP, and SIMPLE plans. Also Required Minimum Distribution (RMD)s and what states are tax friendly for retirement purposes. We give an introduction to how Roth Conversions can be used to minimize taxation during your retirement years.
Insurance Services are offered through FEFA. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and FEFA or FEFA Asset Management are not affiliated companies. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. This TV show is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. FEFA or FEFA Asset Management is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. Despite efforts to be accurate and current, this presentation may contain out-of-date information; we are under no obligation to advise you of any subsequent changes related to the topics discussed in this presentation. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by FEFA or FEFA Asset Management. 875675 - 4/21
