Avoiding Tax Pitfalls in Retirement

John Conley of Rubino & Liang Wealth Partners discusses the common concerns individuals face as they approach retirement, particularly focusing on the implications of 401(k) and IRA accounts. He delves into the concept of tax deferral and the potential pitfalls of required minimum distributions (RMDs) that can push retirees into higher tax brackets. The conversation highlights the benefits of Roth conversions as a strategy to mitigate future tax liabilities and emphasizes the importance of proactive financial planning in light of changing tax laws and personal circumstances.

To learn more about how John and the team at Rubino & Liang Wealth Partners can help you craft your own 365 Retirement Plan, log onto https://rlwealthpartners.com/ to get started.