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Uncle Sam And His Retirement Plan

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Manage episode 242234246 series 1238356
Content provided by Retirement 360 and Alan Mercurio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Retirement 360 and Alan Mercurio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Have you heard about Uncle Sam and his retirement plan? Here's a hint - he doesn't retire when you do. Your taxes are essentially Uncle Sam's "retirement plan" and when you retire, you only keep on paying them. Alan talks a bit about paying taxes in retirement and how to factor them in to your anticipated retirement income. Does it make sense to convert your Traditional IRA to a Roth IRA? What are the pros and cons of doing so? Tons of "baby boomers" are at a stage in their financial life where they're considering this but might not be aware of all of the benefits of doing so. Alan talks a bit about the benefits behind converting over to the Roth IRA to help settle this debate once and for all.
  continue reading

222 episodes

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Uncle Sam And His Retirement Plan

Retirement 360

17 subscribers

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Manage episode 242234246 series 1238356
Content provided by Retirement 360 and Alan Mercurio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Retirement 360 and Alan Mercurio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Have you heard about Uncle Sam and his retirement plan? Here's a hint - he doesn't retire when you do. Your taxes are essentially Uncle Sam's "retirement plan" and when you retire, you only keep on paying them. Alan talks a bit about paying taxes in retirement and how to factor them in to your anticipated retirement income. Does it make sense to convert your Traditional IRA to a Roth IRA? What are the pros and cons of doing so? Tons of "baby boomers" are at a stage in their financial life where they're considering this but might not be aware of all of the benefits of doing so. Alan talks a bit about the benefits behind converting over to the Roth IRA to help settle this debate once and for all.
  continue reading

222 episodes

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