Long-Term Financial Planning in the Face of Economic Uncertainty and Jittery Markets

Strategies Million-Dollar IRA Owners Can Implement Now
to Help Protect & Build Their Retirement Nest Eggs

Workshops are for high-net-worth individuals seeking to optimize their retirement and estate planning strategies in an ever-changing economic and political landscape.

Tuesday, April 22, 2025

Click here to register to attend 1, 2, or all 3 Free Webinars.

If you are married, both spouses are encouraged to attend.

Register today and you will qualify to receive a free hardcover copy of Jim’s book, Retire Secure for Professors and TIAA Participants. Please note: 90% of the content of the book is for all IRA and retirement plan owners. The book enjoys 74 glowing testimonials on Amazon.

It's entirely understandable to be concerned about how President Trump and his aggressive trade policies could affect your long-term financial planning. The pressing question will be: Should you alter or adjust your current retirement and estate planning strategies in response? Our upcoming workshops will offer our premiere strategic advice.

Empower Yourself in These Uncertain Times

We've identified the best financial strategies for two critical areas:

     1. Income tax planning, including Roth IRA conversions.
     2. Optimal post-election estate planning.

Here we present our best assessment of where you can take decisive action now. These strategies are designed to help protect your wealth and enhance your family's financial well-being—both immediately and in the long term.

It’s also important to realize this isn’t just about responding to the Trump administration. Potential changes on the horizon will be determined by Congressional action—or inaction—in addition to executive decisions.

By attending these workshops, you'll gain actionable insights and practical strategies to help protect and grow your wealth―regardless of U.S. politics, stock market volatility, recession, inflation, and geopolitical instabilities.

Result: You can empower yourself to make more informed financial decisions that benefit you and your family for many years to come.

Session One:  10 am – Noon (Eastern)

Roth Conversions and Minimizing Taxes:
Coping with Inflation Risks, Tax Rate Uncertainties, and Market Corrections

Income Tax Policy: Navigating Potential Tax Increases

The impending sunset of the Tax Cuts and Jobs Act (TCJA) of 2017 is effective January 1, 2026. This means that, unless Congress acts, income tax rates will revert to higher 2017 levels. Before the election we were advocating aggressive Roth conversions before the tax increase. Now, there is serious question as to whether we will have a tax increase before 2028 or beyond. This shift could significantly impact your financial well-being going forward.

In this session, we’ll introduce you to battle-tested, proven retirement planning strategies that work, with a special emphasis on Roth IRA conversions.

You'll discover:

• Proactive Multi-Year Tax Planning: How to develop the ideal long-term Roth IRA conversion plan.
• Prepare for potential tax rate volatility.
• Asset Diversification for Tax Optimization: How to move a portion of your taxable investments (IRAs and other retirement plans) into tax-free environments of not only your Roth accounts, but 529 plans and your children's Roth IRAs and Roth 401(s). Note: This shift could potentially be more valuable to your children than making Roth IRA conversions directly in your own accounts.
  

Foundational & Advanced Roth Conversion Techniques including:

• Optimal Timing for Roth Conversions: The peer-reviewed math behind the best timing strategies.
• The Back-Door Roth IRA: How to contribute to a Roth IRA even if you exceed income limits.
• Benefiting from SECURE Act 2.0: How individuals born between 1951 and 1959 can profit from recent legislative changes.
• Tax-Free Transitions: How to convert after-tax dollars in retirement plans to a Roth IRA at no cost, potentially saving hundreds of thousands in taxes down the road.
• Inherited Retirement Plan Strategies: How to convert an inherited retirement plan to a Roth at your beneficiary’s tax rate after you die—a little-known strategy with big tax savings for those who qualify.

Session Two:  12:30 – 2:30 PM (Eastern)

Income Taxes on Legacy Money: The Real Threat that Will Erode Your Estate

Estate planning involves not only potentially saving estate and inheritance taxes, but also the far more likely problem: income taxes.

Many middle- and higher-income taxpayers will get clobbered with more income taxes at death, too.

In this session, you'll learn:

• Lifetime Gifting Strategies: How increasing lifetime gifts to your heirs now can reduce future tax burdens and provide financial assistance when it's most impactful for your loved ones. This approach isn't just about tax savings; it's also about enriching your family's lives today.
• Who Gets What? Strategy: A rarely discussed method that evaluates the tax consequences of leaving differing types of assets to children in different tax brackets. We will cover a similar strategy for charitable giving. By optimizing your strategies, you could save hundreds of thousands of dollars in taxes.
• State-Level Tax Considerations: Techniques to protect your wealth from potential increases in state-level income taxes, as well as inheritance and estate taxes. State taxes can significantly impact the assets your heirs receive, so proactive planning is essential.

Social Security: Maximizing Your Lifetime Benefits including:

• Risk and Reward Delaying Benefits: Are the risks of benefits cuts and dying young sufficient to take Social Security before 70 for the primary wage earner? And if you take Social Security before 70, can you stop it?

Or should you delay taking your Social Security benefits to significantly increase your lifetime payouts, potentially by hundreds of thousands of dollars?

• Integrating Social Security into Your Retirement Plan: Strategies to incorporate Social Security strategy impact other areas of your planning. Learn how synergistically timing your Social Security benefits and Roth conversions can enhance your financial security.

Session Three:  3 – 5 PM (Eastern)

7 “Retirement Killers” You Must Avoid at All Costs

Jim spent 40 years guiding thousands of clients through the intricacies of securing their financial futures. Over the years, he has identified recurring patterns of costly planning mistakes. We aim to help you avoid these common mistakes and provide you with sound professional advice.

Here's a sneak peek at two of the critical mistakes we will explore:

1. Allowing Lifelong Habits and a Depression Era Mentality to Blindside Effective Planning. 

Accumulating money for retirement is a great objective. But, continuing to accumulate more and more money until you die is not necessarily advisable, and has at least three unfortunate consequences:

• Retirement with fewer rewarding and enjoyable experiences, including missed family vacations.
• Missed opportunity to provide heirs with financial assistance when they really need it.
• Potentially huge tax burden for your children that could have been largely avoided with good planning.

Making this retirement planning mistake can undo many years of diligent saving and hard work. We will discuss how to balance saving with spending and explore ways to use your wealth effectively during your lifetime and passing it on after you are gone.

2. The Missing Link: The Discrepancy Between the Terms of Your Will & Your IRA Beneficiary Designations.

Did you know that with IRA and other retirement accounts, the beneficiary designation—which you quickly filled out, without much thought, when you opened the account--supersedes the instructions in your will or trust?

We will show you the actions to take to correct this mistake—so that the assets in your IRA and retirement accounts go to the beneficiaries you intend. Join us for this informative and engaging workshop to discover the most common estate planning mistakes and how to protect yourself against each.

Reserve your virtual seat today for these timely and informative webinars on:

Tuesday, April 22, 2025

Register to attend 1, 2, or all 3 Free Webinars above!