Roth retirement accounts play an important role in tax diversification and can be a great tool to maximize generational wealth transfer. Roth isn’t the right choice for everyone, however. This session explores how Roth accounts differ from pre-tax retirement accounts—paying taxes today vs. paying taxes later. We will dive into key considerations such as contribution limits for each account, income eligibility, pro-rata rule, 5-year rules, and proper tax reporting. We will also discuss back-door Roth IRA strategy and Roth conversion as ways to fund Roth accounts. The goal of this session is to provide a clear framework to help you make an informed choice between Roth and pre-tax accounts (or a mix of both).

Presenter:

Naya Sou,
Financial Advisor, Forum Financial Management, LP