Why Your Age Could Change Everything for Roth Conversions

Roth conversions are a staple in financial planning, but are you doing them at the right time? In this episode of Jazz After Dark, we dive into a consideration that we believe many planners overlook: your age. Jazz Wealth Managers helps individuals and families achieve financial security through retirement planning and investing strategies. Our videos offer actionable guidance on navigating Roth IRA's, 401ks, IRAs, Social Security, and more. Whether you're approaching retirement or just getting started, learn how to make informed financial decisions for a prosperous future. Subscribe for more! #retirement #retirementplanning #dohstr8 ---Ready to subscribe--- https://www.youtube.com/jazzwealth?sub_confirmation=1 For more information visit: https://www.jazzwealth.com/ --- Instagram @jazzWealth --- Facebook https://www.facebook.com/JazzWealth/ --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com Jazz Wealth Advisors was recently ranked #36 among financial advisors in the USA by USA Today (Financial Pros) as of April 2025. This ranking was published on 04/22/2025 and was prepared by the Financial Pros without any compensation paid by Jazz Wealth Advisors. The ranking is based on advisors with an AUM of up to $500M. Rankings and recognition from rating services are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance. For more information about the methodology used in this ranking and other important disclosures, please visit USAToday.com. Jazz Wealth Advisors is a registered fiduciary investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. The views expressed herein are those of the author and do not necessarily reflect the views of Steward Partners or its affiliates. All opinions are subject to change without notice. Neither the information provided, nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. All investing involves risk, including the potential loss of principal. Past performance is not indicative of future results. Please consult with a qualified financial, legal, or tax professional before making any financial decisions. Steward Partners, its affiliates, and its Wealth Advisors do not provide tax advice. Conversions from IRA to Roth may not be suitable for everyone. Withdrawals are subject to ordinary income tax and prior to age 59 1/2 may be subject to a 10% federal tax penalty. Roth IRA conversions require a 5-year holding period before earnings can be withdrawn tax free and subsequent conversions will require their own 5-year holding period. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to complete a conversion. Any examples referenced are hypothetical and for illustrative purposes only and do not represent actual client experiences or results. Any financial planning projections are based on assumptions that may not reflect actual market conditions, tax law changes, or individual circumstances, and outcomes may vary materially. Tax rates, laws, and regulations are subject to change. Roth conversion strategies may impact cash flow, tax liabilities, and eligibility for certain benefits, including Medicare premiums. There is no assurance that any strategy will result in tax savings or improved financial outcomes. Investment advisory services offered through Steward Partners Investment Advisory (“SPIA”). Additional advisory services also provide through Jazz Wealth Managers, Inc. ("JWM"). SPIA and JWM are SEC-registered investment advisers and unaffiliated entities. SPIA, Steward Partners Investment Solutions, and Steward Partners Global Advisory, LLC are affiliates and collectively referred to as Steward Partners.