KRC Wealth Management

A common misconception is that Medicare and most other health insurance pay for Long-Term Care needs, 𝐛𝐮𝐭 𝐭𝐡𝐞𝐲 𝐝𝐨 𝐧𝐨𝐭.

The costs of long-term care will only continue to rise, and now is the time to start preparing. Reach out to a Financial Professional to establish a plan!

Join our webinar on January 29th at 12:00PM to learn more about planning for Long-Term Care needs. Register for free here: https://brighthousefinancial.zoom.us/webinar/register/WN_g3YAbsNHQpWW0v4JCNGKAg #/registration

𝐃𝐨𝐞𝐬 𝐚 𝐑𝐨𝐭𝐡 𝐂𝐨𝐧𝐯𝐞𝐫𝐬𝐢𝐨𝐧 𝐌𝐚𝐤𝐞 𝐬𝐞𝐧𝐬𝐞 𝐟𝐨𝐫 𝐲𝐨𝐮?

Yes!

There are several factors to consider in determining evaluating a Roth conversion including your financial circumstance, your tax bracket, time horizon, and estate planning goals. As Ed Slott, the 'Guru of IRS', would say "it makes sense for everyone to consider a Roth conversion regardless of age."

Main Reasons to consider a Roth Conversion:

1. The rules of Retirement accounts have become so complex, you are most likely to make a mistake and incur penalties of up to 25% of the RMD.

2. Taxes are expected to rise, and retirement accounts are RMD time bombs. As IRAs grow and your Required Minimum Distribution increases, more of your hard-earned money goes to Uncle Sam.

3. Paying the taxes with a Roth Conversion allows for the accounts to grow tax free for the rest of your life. Providing tax free income to you and your beneficiaries for 10 plus years.

To learn more on how a Roth Conversion might benefit your individual situation, follow the link below!

Keith Richardson Consulting | Financial Professional | 10700 Sikes Place suite 340, Charlotte, NC, USA Keith Richardson Consulting, Discover bespoke wealth strategies at KRC, where your financial goals and planning become our mission.

𝐓𝐡𝐞 𝐅𝐞𝐝 𝐡𝐚𝐬 𝐟𝐢𝐧𝐚𝐥𝐥𝐲 𝐜𝐮𝐭 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞𝐬!
Now is the perfect time to review your portfolio.
For guidance on how to best take advantage of this opportunity, follow the link below to see how we can best help you.

https://www.krichardsonconsulting.com/

Keith Richardson Consulting | Financial Professional | 10700 Sikes Place suite 340, Charlotte, NC, USA Keith Richardson Consulting, Discover bespoke wealth strategies at KRC, where your financial goals and planning become our mission.

𝟭𝟬 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗣𝗿𝗲-𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀
1) Financial Plan for your Retirement Assets.
2) Professional Asset Management
3) Determine your real Annual Living Expenses.
4) Consider pre-planned cash needs for Quality of Life
5) Long-term Care Planning
6) Full medical coverage, including Medicare and Social Security
7) Estate review of Wills and Legacy Planning
8​) Required Minimum Distribution Planning
9) Cash Flow Analysis for all income
10) Life Insurance Planning

𝗘𝗻𝗴𝗮𝗴𝗲 𝗮 𝗧𝗿𝘂𝘀𝘁𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗱𝘃𝗶𝘀𝗼𝗿 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂 𝘄𝗶𝘁𝗵 𝗮𝗹𝗹 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗳𝗼𝗿 𝗣𝗘𝗔𝗖𝗘 & 𝗧𝗥𝗔𝗡𝗤𝗨𝗜𝗟𝗜𝗧𝗬

Learn More: https://www.krichardsonconsulting.com/

Keith Richardson Consulting | Financial Professional | 10700 Sikes Place suite 340, Charlotte, NC, USA Keith Richardson Consulting, Discover bespoke wealth strategies at KRC, where your financial goals and planning become our mission.

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Happy President’s Day! Markets are closed today.

When considering tax-implications for your business, you may wish to consider whether your chosen form of business will offer you opportunities to split your income tax liability among family members, thereby potentially lowering your overall family tax bill. Find out more here: https://hubs.la/Q01zXd-w0