Should You Utilize a Partial Roth Conversion Strategy?

Aspen Wealth Strategies’ Founder and Chairman, Andy McClaflin, has been named to the 2019 Forbes list of America’s Best-in-State Wealth Advisors, which recognizes advisors from national, regional, and independent firms. Andy debuted at No. 23 in Colorado! (To view the entire list, please click here.) This has come on the heels of Andy’s recent 2018 Forbes ranking as one of America’s Top Next-Generation Wealth Advisors. Imagine for a moment that you have diligently saved for most of your adult life: made the right moves with your 401(k) allocation, taken full advantage of an employer match, and made the sacrifices necessary to enjoy what you hope is a long and fruitful retirement. Then you turn 70½, and you have to begin taking required minimum distributions (RMDs) from your qualified accounts. All of a sudden, you are paying significantly more in taxes than you ever anticipated and could be for the rest…