How Does the Roth IRA 5-Year Rule Work for Conversions? | Retire Vivid Clip скачать в хорошем качестве

How Does the Roth IRA 5-Year Rule Work for Conversions? | Retire Vivid Clip

In this episode, Cam and Tommy explain the conversion-level 5-year rule for Roth IRAs. They break down how the rule applies at both the account and conversion level, what happens if converted funds are withdrawn too early, and how age 59½ factors into potential taxes or penalties. Whether you're under or over age 59½, understanding this rule may help you avoid unexpected issues in your retirement strategy. Watch The IRA-5 Year Rule Explained episode here:    • The Roth IRA 5-Year Rule EXPLAINED |  Reti...   to learn more. ----------------------------------------------- 📞 Ready to redefine your retirement? Call 515.480.7593 to book a 15 – Minute Retirement Review 👍 Follow us on Facebook - / vividtaxwealthadvisors 🌐 Additional information can be found on our website - retirevivid.com The information does not constitute an offer or solicitation for the sale or purchase of any specific securities or service by Vivid Wealth Management, LLC, a SEC Registered Investment Adviser, Vivid Tax & Wealth Advisors, or Vivid Tax Center, LLC. Additionally, this video is for educational purposes only and this information is not intended to offer individual tax, legal, or investment advice. While all the information provided is considered reliable, it is not guaranteed and should be independently verified. The case studies and examples presented are hypothetical and are used to demonstrate concepts. They do not represent actual clients or results, and similar or positive results cannot be guaranteed. Past performance is not indicative of future performance, so no current or prospective client should assume that the future performance of any specific investment, investment strategy, or product referenced (directly or indirectly) will be profitable. Be sure to first consult with a qualified financial adviser, tax professional, and/or attorney before implementing any strategy discussed herein. See our full disclosures here: retirevivid.com/social-media-disclosure