A retirement income strategy can be a valuable tool to help achieve financial success. This is especially so because when you start withdrawing money during retirement, the sequence of the investment returns will have an impact on the outcome. When the good years happen and when the difficult years happen is now very important.
Learning objectives:
- Six income strategies, including the use of an income annuity, to help ensure clients have an appropriate income strategy
- How a Roth IRA conversion may help clients with a substantial IRA/qualified plan or capital gain balance achieve a more tax-diversified retirement income stream and legacy goals
- How the timing of sequence of returns risk can substantially affect the probability of success and how to help prepare clients for the possibility
CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credits have been applied for and are pending approval.
Sponsored by
Allianz Life Insurance Company of North America
Allianz Life Insurance Company of New York
Waldean Wall
Vice President, Advanced Markets and Solutions
Allianz
David Armstrong - Host
Editor in Chief
WealthManagement.com
Converting an employer plan account or Traditional IRA to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences including (but not limited to) a need for additional tax withholding or estimated tax payments, the loss of certain tax deductions and credits, and higher taxes on Social Security benefits and higher Medicare premiums. Clients should consult with a qualified tax advisor before making any decisions regarding their IRA.
Any transaction that involves a recommendation to liquidate a securities product, including those within an IRA, 401(k), or other retirement plan for the purchase of an annuity or for other similar purposes, can be conducted only by individuals currently affiliated with a properly registered broker/dealer or registered investment advisor.
Annuities can help your clients meet their long-term retirement goals by offering tax-deferred growth potential, a death benefit during the accumulation phase, and a guaranteed stream of income at retirement.
This content is for general educational purposes only. It is not, however, intended to provide fiduciary, tax or legal advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Allianz Life Insurance Company of North America, Allianz Life Insurance Company of New York, their affiliated companies, and their representatives and employees do not give fiduciary, tax or legal advice or advice related to social security or Medicare.. Clients are encouraged to consult their tax advisor or attorney or Social Security Administration (SSA) office for their particular situation.
Allianz Life Insurance Company of North America and Allianz Life Insurance Company of New York do not provide financial planning services.
Allianz Life Insurance Company of North America, Allianz Life Insurance Company of New York and Allianz Life Financial Services, LLC are affiliated companies and not affiliated with WeathManagement.com.
Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Variable annuity guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.
Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.542.5427. www.allianzlife.com. In New York, products are issued by Allianz Life Insurance Company of New York, 1633 Broadway, 42nd Floor, New York, NY 10019-7585. www.allianzlife.com/new-york Variable products are distributed by their affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. Only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance in the state of New York.
For financial professional use only - not for use with the public.
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