Don't Let Your CPA's Roth Strategy Cost You More
In this concise segment, Craig Wear, CFP®, explains that while a CPA’s primary role is to prepare annual tax returns and ensure compliance, this year‑by‑year focus can miss opportunities for long‑term wealth preservation. He contrasts that with a strategic Roth planning approach that looks at a client’s entire lifetime tax exposure. The strategy involves mapping projected required minimum distributions (RMDs), modeling survivor tax brackets, incorporating Social Security timing, stress‑testing against possible future tax‑rate changes, and deliberately filling certain tax brackets now to avoid much larger forced taxation later. The overall message is that proactive, forward‑looking Roth planning can keep more wealth under the client’s control compared to solely relying on annual tax‑return preparation.
