How to Leave Tax-Free Money to Your Kids: Roth Conversions and the 10-Year Rule
Roth conversions aren't just a tax strategy — they're one of the most powerful estate planning tools available to SC retirees. Stewart Smith, LUTCF®, RICP®, and Mitch Davies break down why the money sitting in your IRA right now could become a significant tax burden for your kids, and what to do about it before it's too late. If you have pre-tax retirement accounts and people you want to leave money to, this conversation will change how you think about both. In this Clearpath Retirement Radio episode: → How a living revocable trust lets you control when and how your kids receive their inheritance → Why the IRMAA two-year lookback catches retirees off guard — and how a poorly timed Roth conversion raises your Medicare premiums → The 10-year rule and why inherited pre-tax IRA money hits your kids at the worst possible time → Why your children will likely inherit money in their 50s — their highest earning years → Would you rather leave them tax-free money or more taxable money? Stewart and Mitch make the case → The psychology of spending in retirement — why savers struggle to flip the switch → Why retirement tax planning is a completely different ballgame than your working years Chapters: 0:00 — Trust Distribution Control: Age-Based and Time-Based Options 4:22 — Tax Planning for Estate Planning Purposes 5:30 — IRMAA and the Medicare Two-Year Lookback 8:00 — Roth Conversions as an Estate Planning Tool 9:34 — The 10-Year Rule and the Inherited IRA Tax Problem 12:00 — Do You Want to Spend It or Leave It? 14:50 — The Psychology of Spending After a Lifetime of Saving 16:30 — Why Retirement Tax Planning Is a Different Ballgame Start Your ClearPath Retirement Review: clearpathretirement.com Stewart Smith, LUTCF®, RICP® | ClearPath Retirement Planning | Greenville, SC 864-775-5033 | clearpathretirement.com Investment advisory services offered through Alphastar Capital Management, LLC, an SEC Registered Investment Adviser. Registration does not imply a certain level of skill or training. ClearPath Retirement Planning and Alphastar Capital Management, LLC are separate entities. #clearpathretirement #clearpathretirementplanning #clearpathretirementradio #estateplanning #rothconversions #greenvillesc #retirementplanning #IRMAA
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