HOW TO POTENTIALLY REDUCE YOUR TAX BURDEN IN RETIREMENT

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Meritage Wealth Management LLC is a registered investment advisor offering advisory services in the state of California and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training.

This communication is for informational purposes only and should not be relied upon for purposes of transacting securities or other investments. Meritage Wealth Management LLC does not warrant that the information will be free from error. Your use of the information is at your sole risk.

Traditional IRA account owners have considerations to make before performing a Roth IRA conversion. These primarily include income tax consequences on the converted amount in the year of conversion, withdrawal limitations from a Roth IRA, and income limitations for future contributions to a Roth IRA. In addition, if you are required to take a required minimum distribution (RMD) in the year you convert, you must do so before converting to a Roth IRA.

This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.