TransGlobal Wealth Clinic

When is the most cost-effective time to do a Roth conversion?

Segment 1 – What Is a Roth Conversion?

Segment 2 – Best Time #1: During a Market Downturn

Segment 3 – Best Time #2: In a Lower-Income Year

Segment 4 – Best Time #3: When You Expect Tax Rates to Rise

Segment 5 – Bonus Tip: Roth Conversions + Annuities

Segment 6 – Final Thoughts

Join us as we break down the payroll tax and how earning more income can actually result in paying lower taxes. Both active and passive income are utilized by wealthy people, and with how the tax system works, knowing how to plan around taxes will boost your wealth even further.

Join us as we explore a retirement option that only gets better as time goes on. With people aging longer and worrying about exhausting their retirement savings, we need another method to secure our future. In this episode, we explain how investing in annuities not only alleviates the concern of timing out our savings, but can be integrated into your financial strategy to compound your wealth further.

Tax-Efficient Donations and Inheritance: Navigating RMDs Part II

How RMDs Help You Optimize Donations and Inheritance

Tax Benefits for Donations and Inheritance: QCDs and the Ten-Year Rule

Join us as we delve into the complexities of managing excess money in your retirement accounts, focusing on Required Minimum Distributions (RMDs). We will explore the intricacies of RMDs, the impact on your tax liabilities, and strategies to minimize tax burdens while optimizing your retirement savings. Whether you’re nearing retirement or planning for the future, this episode provides valuable insights to help you navigate the financial challenges of your golden years.

In this episode, we explore the essential aspects to consider when setting up a living trust as part of your estate planning strategy. By establishing a living trust, you can effectively avoid probate and ensure a comprehensive inheritance plan. The episode highlights five crucial factors that require careful consideration and preparation.

With the season finale, our speakers will help us highlight and understand previous historical moments in finance so that we can recognize the ways it has been mirrored in our pandemic situation.

In the second half, we discuss the relation between retirement and nursing homes, as well as how our desired retirement lifestyle affects the timeline for how we get there.

Retirement: It's the thing we all dream about. It gets brought up all the time, and it seems like there's so many paths to get there. Join us in part one of our discussion as we learn about the origins, ins, and outs. =)

As we revisit the topic of life insurance, we're now seeing the ways in which it has evolved from being a "death only" tool for someone else; it now provides you benefits even while you are alive.