Did You Know Ed Slott is Wrong about Roth IRA Conversions?
Roth IRA conversions are one of the most misunderstood topics in our industry today.
Virtually every IMO, B/D, and financial pundit is telling all who will hear that it is a good idea to convert a traditional IRA to a Roth IRA. Even Ed Slott says that’s the case.
We are here to tell you that Roth IRA conversions are a mathematical loser for most, and we rolled out the industry’s most comprehensive software to help advisors provide intellectually honest advice to their clients on this important subject matter.
We believe advisors should want access to our proprietary software not so they can advocate the use of conversions but, instead, so they can help clients understand very specifically why others are wrong about conversion. Doing so will elevate advisors in the eyes of clients and, above all, will help advisors provide the best advice and avoid getting sued.
In order to run a “real-world” comparison to determine if converting makes financial sense, you need more than the 2-4 inputs most free online calculators allow for. Instead, you need in excess of 10 inputs to get a mathematically correct output. See below the input sheet from our proprietary software.
Click here to watch a video of how our proprietary Roth IRA conversion calculator works. We think it will be an eye opener for everyone who views it. After viewing the video, if you determine it’s a tool you need so you can provide the best advice to your clients, simply e-mail firstname.lastname@example.org for more information.