The Power Of Zero Show

One spouse passes away, and suddenly the survivor is filing alone, pushed into tax brackets they never saw coming. David McKnight explains why a Roth conversion, done now through smart retirement planning, could spare your loved ones the painful surprise known as Widow's Penalty.

Show Notes

In this episode, David McKnight discusses something that could cause your tax...

David McKnight addresses one of the biggest fears people have as they approach retirement: "What if I retire right into a market crash?".

Not only this represents one of the biggest challenges in retirement planning but it's also one of the reasons why David advocates for protecting yourself from sequence of returns risk.

When it comes to long-term stock market...

In this episode, David McKnight walks you through the five biggest Roth conversion traps, and how to avoid them.

He is a big believer in Roth conversions.

Because of the apocalyptic fiscal trajectory of the U.S., taxes in the future are likely to be dramatically higher than they are today.

Hence, every dollar you reposition from tax-deferred to tax-free ...

David McKnight addresses one of the most common questions he gets: "If tax rates are going to be dramatically higher in the future, shouldn't I be putting every dollar into a Roth 401(k)?".

Moreover, people often wonder whether they should be converting as much of their IRA to Roth as quickly as possible.

David is a firm believer that the current tax rates are a...

In today's episode, David McKnight discusses what many people don't get about the IRS and what happens to their IRA and what their children are supposed to get at some point.

Many people spend decades building up tax-affirmed retirement accounts without fully appreciating what happens when those accounts pass to the next generation.

When a spouse inherits an IRA...