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"Some would say now is a particularly good time to do a Roth conversion because tax rates are down at the lowest level they'll probably ever be." - Jordan Goodman
NEW YORK, NY, February 12, 2019 /24-7PressRelease/ -- Money Answers Show host, Jordan Goodman, invited Eric Brotman, CFP, AEP, CPSW, and CEO of Brotman Financial Group, to discuss different ways for people to save for retirement with minimal taxation.
Money Answers Show episode, "Keep Your Wealth! Financial Planning and Taxes with Eric Brotman" focuses on how to plan for retirement and at what ages certain milestones should be aimed for, the best tax-free ways of saving, and how investments should gradually become less aggressive as the individual nears their goal retirement age.
In a conversation about Roth IRA conversions, Goodman stated, "Some would say now is a particularly good time to do a Roth conversion because tax rates are down at the lowest level they'll probably ever be."
"The Roth IRA allows you to use after-tax dollars to fund some retirement, but then to have tax deferral along the way where you don't get a 1099 every year," said Brotman. "It grows for as long as you hold the account, and then all of your withdrawals are tax-free."
From Individual Retirement Accounts to Health Savings Accounts to advice on important steps one should take at different stages of life to prepare for retirement, The Money Answers Show with Jordan Goodman provides vital answers to important questions in order to enable listeners to take control of their finances and make their money work for them.
You can listen to The Money Answers Show with Jordan Goodman live every Monday 12 p.m. PST; 3 p.m. EST. or download the podcast on iTunes, Stitcher, or wherever you get your podcasts. You can also catch Goodman on Money Answers TV. If you're looking for additional information on financial topics, you can read Goodman's books on everything from repaying your student loans to real estate.
Jordan E. Goodman is "America's Money Answers Man" and a nationally-recognized expert on personal finance. He is a regular guest on numerous radio and television call-in shows across the country, answering questions on personal financial topics. He appears frequently on The View, Fox News Network, Fox Business Network, CNN, CNBC, and CBS evening news. He is the author/co-author of 13 best-selling books on personal finance including "Master Your Debt Fast Profits in Hard Times," "Everyone's Money Book," "Master Your Money Type," "Barron's Dictionary of Finance and Investment Terms and Barron's Finance and Investment Handbook." Jordan is also a speaker and seminar leader on personal finance topics for business executives, students, associations, investment clubs, employees and others. For more information, please visit https://www.moneyanswers.com.
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