004: Tax Planning Strategies for Your IRA and Roth IRA Accounts with Mark Kenney

When we're working with families to create retirement plans, one thing comes up more than almost any other: taxes. Families want to know how to best tax plan, craft strategies, and implement ideas to protect themselves in the face of fast-changing, sometimes volatile legislation. For this conversation, we're joined by Mark Kenney. Mark is a CFP and advisor here at SHP, and he has tons of experience helping people create effective retirement plans. Today, we're starting from the beginning and sharing a number of things you can do right now to assess your retirement and make sure you're on the right path. In this podcast interview, you'll learn: The difference between an IRA and a Roth IRA. How the SECURE Act has changed inheritance–and how to best cascade wealth across generations. How required minimum distributions can significantly impact your Social Security taxes and Medicare Part B premiums. How to determine when to execute a Roth conversion. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube