Today on Your Money, Your Wealth® podcast episode #249, Joe Anderson, CFP® and Big Al Clopine, CPA answer your money questions: How do you figure out the break-even point on a Roth IRA conversion? The fellas discuss whether to convert, how much to convert, and when. Plus, the step-up in basis on a primary residence, self-employed small business retirement plan options, the difference between a financial advisor and financial planner, and defining a registered investment advisor and broker-dealer. Ask money questions, read the transcript & access free financial resources: http://bit.ly/YMYW-249

00:39 – I’ve Maxed Out My 401(k). Can I Contribute to a Roth IRA or Roth 401(k)?

04:25 – Should I Make a Roth Conversion at the End of the Year or Contribute to a Roth 401(k)?

11:14 – What’s the Break-Even for a Roth Conversion?

20:58 – I’m a Widow. How Do I Apply For Step Up in Basis on a Primary Residence?

24:38 – How Can We Contribute to Our Roth IRAs?

27:55 – Self-Employed Small Business Retirement Plan Options

37:51 – What’s the Difference Between a Financial Advisor and Financial Planner? What are Registered Investment Advisors (RIA) and Broker-Dealers?

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IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.
• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.

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