eMoney for Roth Conversions and Distribution Planning: Friend or Foe?
Feb 13, 2020
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By Debra Taylor, CPA/PFS, JD, CDFA
Thanks to the 11-year bull market, we are seeing lots of clients with seven-figure traditional IRA balances. That is a huge liability from a tax perspective requiring in-depth distribution analysis. Unfortunately, eMoney is not well designed to address this area of decision-making and advisors should be aware of its limitations.