Category: Tax Planning

Will distributions from my roth conversion be penalized?

by Greg Phelps, CFP®, CLU®, AIF®, AAMS® | May 12, 2020 | Planning, Tax Planning | 0 |

Want to do a Roth IRA conversion but avoid the penalties? Follow these simple rules and you won’t pay a10% penalty on distributions from a Roth conversion.

Pre-Retirement Checklist

by Greg Phelps, CFP®, CLU®, AIF®, AAMS® | Apr 28, 2020 | Debt/Credit, Estate Planning, Insurance, Investing, Medical & Healthcare, Planning, Tax Planning | 0 |

This pre-retirement checklist breaks down the 3 key steps you should follow in order to make sure you’re truly ready to retire with confidence.

3 Keys To Knowing “Are Financial Advisors Worth It?”

by Greg Phelps, CFP®, CLU®, AIF®, AAMS® | Feb 29, 2020 | Investing, Planning, Tax Planning | 0 |

Are financial advisors worth it? Maybe . . . maybe not!

To know if a financial advisor is worth it you need to first understand if you can do it yourself, then assess the fees your financial advisor will charge and finally the value that your financial advisor can add.

12 ways to add 1.57% to 2.99% Per Year To Your Retirement Planning

by Greg Phelps, CFP®, CLU®, AIF®, AAMS® | Feb 4, 2020 | Insurance, Investing, Planning, Tax Planning | 0 |

Who wouldn’t want to add 1.57% to 2.99% to their retirement planning? According to Morningstar and Vanguard studies, smart financial planning and investment decisions can add from 1.57% to 2.99% to your bottom line in retirement!

Roth IRA’s Rock! An Interview with Johanna Turner, CFP

by Greg Phelps, CFP®, CLU®, AIF®, AAMS® | Jan 3, 2020 | Investing, Planning, Tax Planning | 0 |

In this episode of the Wealth Summit I interviewed Johanna Fox-Turner. She answers several questions such as what is a Roth IRA, what if you can’t fund a Roth IRA, and discusses the value of Roth IRA planning including how to allocate your investments in a Roth IRA.