Annalee Leonard and Bob Beargy join the Pensacola Expert Panel to discuss the ripple effects of the COVID vaccine becoming available, tax changes and predictions, strategy around Roth conversion timing, and planning tips for 2021 and beyond.
Look at your portfolio allocations through the lens of various considerations such as your age/number of remaining working years, income/availability of emergency funds, whether you have dependents, your emotional handling of volatility in the market
Review your risk profile
Understand that taking out required minimum distributions adds to your taxable income
You can design a tax efficient portfolio
Gifting = Up to $15,000 per year
Answers listener’s questions about what happens to your account when your financial advisor retires or leaves the field; how do I know my level of comfort or aversion to risk?