How to Buy Out Your Retirement ‘Business Partner’ – with a Roth Conversion

Converting a traditional IRA to a Roth IRA amps up the control you have over your income in retirement. And with tax rates at their lowest in years, you could save a bundle while doing it.

(Image credit: ©Chris Clor/Blend Images LLC)

We’ve all heard the saying, “There are only two guarantees in life: death and taxes.”

With that in mind, let’s discuss the tax law that was passed under President Trump — the Tax Cuts and Jobs Act of 2017. This law has changed the rules for at least a few years. Essentially, it created two tax cuts — one for businesses, the other for individuals and couples.

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Reid Abedeen
Partner, Safeguard Investment Advisory Group, LLC

Reid Abedeen is the managing partner at Safeguard Investment Advisory Group, LLC. He holds California Life-Only and Accident and Health licenses (#0C78700), has passed the Series 65 exam and is an Investment Adviser Representative registered through the Financial Industry Regulatory Authority.