The new year brings a host of new planning challenges -- and opportunities -- for financial advisers and their clients. Join InvestmentNews' Chief Content Officer George Moriarty as he sits down with IRA planning expert Ed Slott one week before the release of his highly anticipated book, The New Retirement Savings Time Bomb. Discover strategies and get answers to your clients biggest questions in 2021, including:
Retirement plan investors should position their portfolios to pay taxes sooner, rather than later, according to Ed Slott, founder of IRAhelp.com.
And one strategy to do this is by converting traditional IRAs to Roth IRAs, Slott said Tuesday during a roundtable discussion on how the next round of federal stimulus money will affect the economy. The rountable was sponsored by public relations firm JConnelly.
Two books are intended to help people who are worried about their finances in the midst of this painful pandemic. One suggests ways of improving your situation right now. The other focuses on ensuring that when and if you retire, your accounts will be in solid shape.
They are both worthwhile, though for complex problems, you will need to look elsewhere.