How To: Maximize Your Tax Refund

How to Maximize Your Tax Refund- 3 Simple Steps Trey Peterson and Yelisey Kuts break down three pillars of retirement tax planning for those in or nearing retirement: understanding your tax “buckets” (taxable, tax-deferred, and tax-free/Roth) and why having multiple buckets creates flexibility; evaluating when Roth conversions make sense (especially to manage future RMDs, tax brackets, and timing) including a look at “mega backdoor” Roth opportunities in some 401(k)s; and building a tax-efficient income stream with a clear spend-down plan and order of withdrawals. They also caution listeners about IUL pitches, emphasizing fees, commissions, and the risk that illustrations don’t match reality, and encourage working with a retirement planning specialist to avoid costly mistakes. 00:00 Welcome and Overview 01:21 Tax Buckets Explained 03:57 Roth 401k Advantages 06:43 IUL Warning Signs 08:23 Roth Conversions Basics 11:19 Conversion Timing and Investing 13:16 Mega Backdoor Roth 14:38 Tax Efficient Income Plan 15:53 Withdrawal Order and Brackets 18:04 Specialist vs Generalist 21:22 Three Pillars Recap 21:53 Closing and Disclosures Subscribe to the podcast: Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/2iIDj87... YouTube: / @allthingsfinancialshow Trey C. Peterson and Yelisey Kuts provide an extensive level of knowledge and service in areas concerning retirement strategies, including tax strategy, investments, estate planning, life and long-term-care insurance, Social Security, and Medicare. A one-stop shop for all your retirement needs, visit https://atfwealth.com to learn more! Contact us: https://atfwealth.com/contact-us At All Things Financial, our mission is simple—help individuals and families create lasting financial freedom. We take a personalized, strategic approach to every plan, aligning it with your goals, values, and vision for the future. https://atfwealth.com