Roth IRAs continue to present both powerful planning opportunities and costly missteps for clients. This session explores the tax consequences of Roth activity, including conversions, back-door strategies and mega back-door contributions. Attendees will examine common traps that arise before and after a conversion, and review key changes introduced by the SECURE Act. Walk away better prepared to evaluate when Roth strategies make sense and when they may create unintended tax exposure.
Objectives
Upon completion of this session, you will be able to:
- Determine tax consequences of activities involving Roth IRAs
- Recognize potential tax traps before recommending a Roth conversion
- Explain back-door Roth IRAs and the mega back-door Roth IRA
- Implement changes made by the SECURE Act
