The Trifecta of IRA Tax Planning

Complimentary Financial Toolbox Event: Storen Financial’s Investment team will educate on these three important actions you can take with your tax-qualified (IRA) monies to affect your current and future tax situations:

• Roth conversions – Pay tax today to allow money to grow on a tax-free basis moving forward, ultimately giving you the flexibility in retirement to control your annual bill.
• Qualified Longevity Annuity Contracts – Move up to $210k of your IRA dollars into an annuity contract that can delay required distributions until age 85 instead of 73. This can reduce your taxable income, thereby preserving more assets for beneficiaries or for increased healthcare costs as you age.
• Qualified Charitable Distributions –  Make your charitable donations directly from your IRA after the age of 70.5. This enables you to give more while never paying taxes on these dollars.

*Registration Required.

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