The Taxman Cometh: Is Roth a safe bet when taxes are sure to go up? Apr 13

Morningstar’s head of policy research Aron Szapiro predicted in a blog post recently that new taxes are coming in the form of congressional packages, saying ““We think there’s about an 80% probability that it passes, and we’ll keep refining that number as Congress considers the plans.”

If you’re an advisor or a CPA what does that mean for your clients? We believe they’re going to want to research and put in place every plan they can to get their max benefit in the future. That is why we want to remind you that the best current way to reduce tax liability is through 401k plans and DB plans.

They can do Roth now and be fairly assured that taxes are only going up. They can be confident having a qualified plan in place knowing that when they retire they have a good chance of being in a lower tax bracket when they finally take their money.

Do you want to see what your clients can do in a defined benefit or 401k profit sharing plan? Contact us and we can get you illustrations to help explain the benefit of our services.