Craig Wear, CFP, answers whether you can still take action on taxes after recent changes. He breaks down what moves still work and what don't, with a focus on Roth conversions as a possible strategy for your situation.
Based on what's happened recently, the question that we hear a lot in the conversations we've had in the last week is, gosh, is it too late for me? And so I want to address that today. I want to be able to give you some clarity of why it is or isn't too late. And I want to come to the bottom line so that you can act confidently on the plan you already have, or you can make some alterations to the plan that you have that you're not sure about, or you can just finally get with it and get moving toward it. If we determine that you're really in the category where Roth conversions are really in a good shape for you.
