Financial Advisor for Retirement Planning in Joplin, MO – Why Revolutionary Wealth Is Different

If you're between 59 and 67, living in or around Joplin, and staring down retirement like it's a freight train with no brakes, this article is for you. Not the generic version. The one that actually talks about Missouri tax rules, Joplin-area realities, and what it looks like when a financial advisor does more than hand you a pie chart and wish you luck.

Key Takeaways

• This article is written for people in or near Joplin, Missouri - especially ages 59 to 67 - who want a fiduciary financial advisor to build a retirement income, tax, and estate plan under one roof.

• Revolutionary Wealth is an independent, fee-based fiduciary firm that integrates wealth management, tax strategy, and estate planning for retirees and business owners across the Joplin area and Four States region.

• We specialize in tax-efficient retirement income - including RMDs, social security timing, pensions, and annuities - and high-net-worth tax planning for households and business owners earning $500,000 or more per year.

• Financial advisors can provide services like retirement planning, tax planning, and estate planning, but most firms handle these in silos. We don't.

• Every client receives a personalized plan and ongoing advice around investment strategy, downside protection, and legacy goals - not a sales pitch dressed up as financial planning.

Why Work With a Financial Advisor for Retirement Planning in Joplin, MO?

On May 22, 2011, an EF-5 tornado carved through Joplin and changed the community forever. If you lived through it - or rebuilt after it - you already know something most people learn too late: the things you don't plan for are the things that cost you the most.

Retirement works the same way. Between ages 59 and 67, the decisions you make about social security, pensions, 401(k) rollovers, and taxes are largely irreversible. Get the timing wrong, and the difference isn't a few dollars a month. It can be tens or hundreds of thousands of dollars over a lifetime.

Here's where Joplin-area residents commonly lose ground:

• Claiming Social Security too early.You can apply for Social Security benefits between ages 62 and 70. Delaying benefits until age 70 increases your monthly payment amount - sometimes by 30% or more compared to claiming at 62.

• Ignoring RMDs.Required Minimum Distributions catch people off guard every year, and the penalties are brutal.

• Holding too much employer stockin a 401(k) without a plan to diversify.

• Not planning for a surviving spouse's income, leaving the person who lives longest with the smallest paycheck.

These aren't abstract problems. They're the ones sitting on kitchen tables across Jasper and Newton counties. And they're exactly the kind of problems a dedicated advisor who coordinates investments, tax planning, and estate decisions can solve - instead of treating each one in isolation.

What Makes Revolutionary Wealth Elite in the Joplin, MO Market

Revolutionary Wealth is an independent financial advisory firm serving pre-retirees, retirees, and business owners in and around Joplin, Springfield, Neosho, and the broader Four States area. We manage over $100 million directly and provide advice on over $500 million annually through our membership in theLion Street network.

That network matters. It gives our clients access to institutional-grade tools, advanced planning strategies, and product platforms that are typically reserved for much larger firms - while keeping the relationship boutique and personal.

When we say "elite," we don't mean celebrity branding. We mean depth. Financial advisors help clients develop personalized financial strategies, but most stop at the portfolio. Wealth managers cater primarily to high-net-worth individuals with comprehensive services, and that's the lane we occupy - wealth, tax, and estate planning integrated from day one.

Our focus segments tell the story:

• Individuals aged 59–67preparing for retirement and needing coordinated income, tax, and legacy planning.

• Single, divorced, or widowed womenseeking clarity and confidence after a major life transition.

• Business owners earning $500,000+who need a tax-efficient exit strategy and a plan for what comes after.

We don't try to be everything to everyone. We identify the people whose situations are complex enough that professional, fiduciary planning will genuinely change their future - and then we do the work.

Comprehensive Planning Under One Roof: Wealth, Tax, and Estate

Here's the problem with the way most people get financial advice: they have a broker over here, a tax preparer over there, and an estate attorney they haven't talked to since 2019. Nobody coordinates. The left hand doesn't know what the right hand is doing. And money falls through the cracks.

At Revolutionary Wealth, we bring wealth, tax, and estate planning together. A good financial strategy acts as a personal financial roadmap - not three separate GPS systems giving conflicting directions.

Wealth planningmeans investment management, retirement income planning, risk management, and cash-flow planning tailored to Joplin-area cost of living and Missouri tax law.

Tax planningmeans proactive strategies around IRA and 401(k) withdrawals,Roth conversions, charitable giving (including Qualified Charitable Distributions), and entity structuring for business owners.

Estate planningincludes creating a will and establishing trusts. A will outlines how your assets are distributed after death. Trusts can help avoid probate and reduce estate taxes. We coordinate beneficiary reviews, property titling, and legacy goals so that wealth passes efficiently to kids, grandchildren, or charities important to you.

Here's a concrete example of why this matters: a client doing Roth conversions needs to consider not just the tax bracket they're filling, but also how those conversions affect their Medicare IRMAA premiums and whether their trust is structured to receive Roth assets efficiently. Miss any one of those, and the plan leaks. That's what integrated planning prevents.

How a Personalized Plan Aligns With Your Financial Goals

The first step in our process is a discovery meeting. Not a pitch. A conversation where you articulate concrete financial goals - retiring from a local employer by a specific year, funding grandkids' tuition at Missouri Southern State University, relocating to the Branson area, or simply making sure your money outlasts you.

A wealth mindset focuses on long-term financial goals, not short-term fixes. Financial coaches emphasize budgeting and foundational financial strategies, and that's valuable - but if you're sitting on a seven-figure net worth and a complex tax picture, you need more than a budget spreadsheet. You need a personalized financial strategy that accounts for your entire life.

What a plan from Revolutionary Wealth actually includes:

• Retirement income timelines and projections

• Social security and pension optimization

• An investment strategy aligned to your risk tolerance and spending needs

• Tax strategy mapped across federal and Missouri brackets

• Estate and beneficiary action items

Plans differ meaningfully based on your situation. A married couple with dual pensions looks nothing like a widowed woman managing inherited accounts. A business owner planning a 2029 exit has different priorities than a retired teacher drawing from PSRS.

Non-financial goals - travel, charitable giving to Joplin-based causes, support for adult children - get translated into specific dollar amounts and rank-ordered in the financial strategy. Regular check-ins with advisors help adjust financial strategies as life changes, because no plan survives contact with reality without periodic updates.

Investment Strategy: Protecting and Growing Your Retirement Nest Egg

Between ages 59 and 67, the game changes. You shift from accumulating wealth to spending it - and the investment strategy that got you here won't necessarily get you through. What worked in 2006 can be dangerous in 2026.

Investment advisors usually focus on managing investment portfolios. We do that too. But we build portfolios with a purpose: generating reliable income, managing risk, and keeping taxes low across a 25- to 35-year retirement.

Our approach to building a diversified portfolio forretirement investorsincludes:

• Equitiesfor long-term growth to outpace inflation

• High-quality bondsfor stability and income

• Fixed indexed annuities(where appropriate) for downside protection

• Tax location optimization- placing the right investments in the right accounts (IRA, Roth IRA, taxable) to reduce the total tax drag over your lifetime

Risk management isn't a buzzword here. Sequence-of-returns risk - meaning a big market drop in the first few years of retirement - can permanently damage a portfolio. We design for that. Tax-efficient investing can significantly enhance wealth accumulation, and utilizing tax-loss harvesting can offset capital gains taxes in the years where it matters most.

Robo-advisors offer low-cost automated investment management, and they have a place. But they can't coordinate your portfolio with your tax return, your Medicare premiums, your pension election, or your estate documents. That's the difference between managing money and managing a life.

Every investment decision ties back to your financial goals and spending plan. We don't chase speculative bets or push the product of the month.

Tax-Efficient Retirement Income and RMD Planning

Two retirees in Joplin. Same age. Same savings. Same Social Security benefits. One pays $15,000 more in taxes per year than the other. The difference? The order in which they pull money from their accounts, when they claim Social Security, and whether they did Roth conversions in the gap years before RMDs kicked in.

That's not hypothetical. That's the kind of gap we see regularly.

RMDs originally started at age 72 for retirement accounts, but under current federal rules the threshold has moved to 73 for most people. RMDs apply to traditional IRAs but not Roth IRAs - which is exactly whystrategic Roth conversionsbefore your first RMD year can be so powerful. Failure to take RMDs incurs a50% penalty on the amount not withdrawn, so the stakes are real.

Common strategies Revolutionary Wealth uses for tax-efficient retirement income:

• Roth conversionsbetween retirement and RMD age to fill lower tax brackets

• Bracket filling- deliberately pulling income up to the top of a favorable bracket, but not beyond

• Capital gains harvestingin low-income years

• Qualified Charitable Distributions (QCDs)for charitably minded clients over 70½. Charitable donations can provide tax deductions for high-net-worth individuals, and QCDs go a step further by satisfying RMDs without increasing taxable income.

Annuities can provide income to meet RMD requirements, and annuities can help manage the tax implications of RMDs when properly structured within the broader plan.

On the Missouri side, 50% of federal income tax payments can be deducted on your state return - a detail many CPAs apply but few advisors proactively plan around. And as of 2024, Missouri fully exempts Social Security benefits from state tax regardless of income, which changesretirement income planningfor nearly every retiree in the state.

Revolutionary Wealth collaborates with or provides tax professionals so clients aren't left to implement complex strategies alone when filing their Missouri and federal returns.

Planning Social Security and Pension Timing for Joplin Retirees

Social Security can be claimed between age 62 and 70. For most current pre-retirees,Full Retirement Age sits between 66 and 67. Claim early and your benefit shrinks permanently. Delay, and it grows by roughly 8% per year until 70.

But the decision isn't just about your retirement age. Here's how we analyze it:

• Break-even analysis: at what age does the cumulative value of delayed benefits overtake early claiming?

• Survivor benefits: family benefits are highest when applied for at Full Retirement Age, and a surviving spouse inherits the higher of the two benefit amounts. This matters enormously for couples with an age gap.

• Earnings test: working before Full Retirement Age may reduce your benefits if earnings exceed limits. After Full Retirement Age, your earnings do not affect your benefits - so the timing of your last paycheck changes the math.

For clients with pensions from Missouri employers - schools, hospitals, local government - we evaluate single-life versus joint-and-survivor options, cost-of-living adjustments, and whether a lump sum or monthly payment better fits the overall plan. Defined benefit plans provide guaranteed retirement income, and pension benefits from defined benefit plans are typically fixed, which means the decision you make at retirement sticks.

Getting this right can be worth six figures over a 25-year retirement. Getting it wrong is a mistake you can't undo.

Fixed Indexed Annuities and Other Income-Protection Tools

Fixed indexed annuities (FIAs) are one tool Revolutionary Wealth may use for certain clients. Not the only tool. Not the default. But for some retirees, especially those in their 60s or 70s who prioritize stability over maximum upside, they can play an important role.

Here's how they work: fixed indexed annuities offer growth linked to a stock market index - typically the S&P 500 - but with a floor that protects your principal. They typically provide a guaranteed minimum return. Your gains are limited by caps or participation rates, but you don't lose money when the market drops. Fixed indexed annuities can help protect against market downturns, and these annuities can provide income during retirement through optional lifetime income riders.

They often have lower fees compared to variable annuities, though that doesn't mean they're free. Surrender schedules, crediting method details, and carrier financial strength all require careful due diligence.

Where FIAs fit in a broader financial strategy:

• Alongside bonds and dividend-paying stocks for retirees concerned about sequence-of-returns risk

• As a portion of the plan - not the entire thing - to create a reliable income floor

• Coordinated withRMD rulesand beneficiary designations so that tax planning and estate design stay aligned

Revolutionary Wealth evaluates whether an annuity fits a client's personalized plan before ever recommending one. We don't lead with products. We lead with the plan, and the products follow - if they belong.

Business Owners in Joplin: Exit, Tax, and Retirement Strategy

If you're running a construction firm, a medical practice, a logistics company, or a manufacturing operation in the Joplin area and clearing $500,000 or more a year, your retirement doesn't start the day you stop working. It starts the day you begin planning your exit.

Business exit planning is crucial for maximizing sale value, yet over 70% of business owners lack a formal exit plan. Effective exit planning can take 3 to 5 years to implement. A well-structured exit plan can enhance business continuity for employees and customers - and it can mean the difference between a seven-figure net from a sale and a six-figure tax bill you didn't see coming.

Exit planning includes assessing financial implications and market conditions - not just what the business is worth today, but how to structure the deal to align with your personal financial goals.

Here's what Revolutionary Wealth brings tobusiness owners:

• Defined benefit and cash balance plansto accelerate tax-deductible retirement savings. Cash balance plans are a type of defined benefit plan. Employers fund defined benefit plans based on employee salaries, and these plans often require actuarial calculations for funding - but the payoff for high-income owners can be enormous. For a 58-year-old owner earning $700,000, annual deductible contributions can reach well into six figures.

• Installment sales and charitable strategiesto manage tax brackets across the transaction timeline.

• Post-sale diversification: turning a concentrated business paycheck into a diversified portfolio and reliable retirement income stream.

Missouri's corporate income tax rate is 6.25%, which adds another layer to entity structuring decisions before and after a sale. Having personal, business, tax, and estate planning handled by one coordinated team - not separate professionals working in silos - creates jobs worth doing and outcomes worth having. Learn more aboutcash balance plan providersfor your business.

Estate and Legacy Planning for Missouri Families

Most family conversations about money are awkward. But the conversation you don't have - the one about what happens to your wealth when you're gone - is the one that creates the real damage.

At Revolutionary Wealth, we coordinate with estate attorneys to implement wills, revocable living trusts, powers of attorney, and healthcare directives that align with the financial plan. Consulting a financial advisor can enhance your estate planning process because it connects your legal documents to your actual money - your accounts, your beneficiary designations, your insurance, your property.

Key areas we focus on:

• Beneficiary designationson IRAs and life insurance. Outdated beneficiaries - an ex-spouse, a deceased parent - are more common than anyone wants to admit. We review these as part of every plan.

• Trusts and probate avoidance: for families that want to keep things private and efficient.

• Legacy planning: using life insurance within a trust, donor-advised funds for charitable giving to Joplin and Ozarks-area causes, and structured gifts for education funding.

Regularly updating your estate plan is essential as life changes - a new grandchild, a divorce, a move, a change in law. Estate planning strategies can minimize tax liabilities for heirs when structured correctly. Missouri has no inheritance tax and limited estate tax, which is favorable, but federal estate tax still applies to large estates.

Here's a concrete example: a widowed client in her early 70s wants to live comfortably on $85,000 per year while leaving a defined inheritance to her church and a trust for her grandchildren's education. We build the income plan, coordinate the estate documents, and ensure the legal structure matches the financial reality - so her wishes actually happen the way she intended.

Supporting Single, Divorced, and Widowed Women in Retirement

One of Revolutionary Wealth's core focus areas is working with single, divorced, and widowed women in their late 50s, 60s, and 70s who are navigating financial life after a major transition.

The concerns are specific and real:

• Losing access to a spouse's pension or facing a reduced survivor benefit

• Managing inherited IRAs and insurance proceeds without a clear plan

• Ensuring income lasts through a longer life expectancy - women in this country statistically outlive men by several years

• Avoiding borrowing against assets or depleting accounts too quickly out of uncertainty

Choosing a financial advisor is important for long-term financial health, and communication style and compatibility between the advisor and client are especially important in these situations. Some women were the primary financial decision-maker in their house. Others weren't. Either way, we adapt our process: more education, clear visuals, step-by-step frameworks. The point isn't to talk at you - it's to build your knowledge and confidence so you can decide with clarity.

Financial advisors provide objectivity for effective financial decisions, and that objectivity matters most when emotions are high. After losing a spouse or going through a divorce, the last thing anyone needs is pressure to purchase something or sell something before they're ready.

Survivor planning - Social Security survivor benefits, correct titling of assets, and beneficiary updates to avoid probate complications - is built into every personalized plan. Not as an add-on. As a foundation.

Cost-Effective, Fiduciary Advice vs. Commission-Driven Sales

Let's make this simple. A fiduciary is legally obligated to act in your best interest. Not the insurance company's interest. Not the brokerage's interest. Yours.

Revolutionary Wealth operates as a fiduciary. Fiduciaries versus non-fiduciaries is a key distinction when selecting a financial advisor, and it's the first question you should ask anyone managing your money.

Commission-based advisors earn from selling financial products, which can lead to conflicts of interest. When the advisor gets paid more for recommending Product A over Product B, whose priorities are being served? Fee-based advisors may earn commissions and charge client fees, but fee-only advisors are typically preferred to avoid conflicts of interest entirely.

Here's what "cost-effective" means in practice at Revolutionary Wealth:

• Transparent fees: a percentage of assets under management and/or flat planning fees, fully disclosed before any agreement begins

• No hidden surrender chargesor unnecessary product layers

• Focus on total net benefit- what you keep after taxes, fees, and inflation, not gross returns that look good on paper

Understanding an advisor's compensation model is crucial for transparency. CFP and CFA are key financial advisor certifications indicating educational standards - ask about those too. And don't take anyone's word for it: verify credentials independently.

We encourage every reader to ask any advisor in Joplin whether they are always a fiduciary, how they are compensated, and what conflicts exist. We're comfortable with those questions. That should tell you something.

Our Proven Planning Process: From First Conversation to Ongoing Guidance

Revolutionary Wealth's process is designed to be clear enough that you know exactly what to expect before you ever walk through the door - or log into a video call.

Step 1: Initial conversation.We listen. You talk about your life, your concerns, your priorities. No products. No commitments. Just a conversation to determine if there's a fit.

Step 2: Data gathering.You bring 401(k) and IRA statements, a recent tax return, Social Security estimates, insurance policies, and any estate documents. We organize and analyze.

Step 3: Goal setting.We develop a clear picture of what you want retirement to look like - income targets, travel, legacy, charitable giving - and assign real dollar amounts.

Step 4: Plan design.We create the personalized plan: retirement income projections, investment strategy, tax strategy, estate action items, and a written roadmap.

Step 5: Implementation.We execute - opening or consolidating accounts, reallocating investments, coordinating with your CPA and attorney (with your consent), and beginning any Roth conversions or insurance adjustments.

Step 6: Ongoing reviews.At least annually, with additional meetings for major life events. Plans get updated as law changes, markets shift, or a new grandchild arrives.

Interviewing multiple candidates is advisable before selecting a financial advisor. You should verify an advisor's background through regulatory databases beforehand. We welcome both. The process is collaborative - you're encouraged to ask questions, challenge assumptions, and adjust your financial goals as life evolves. Planning is not a binder you put on a shelf. It's a relationship.

How Revolutionary Wealth Compares to Big-Box Financial Firms

Large national firms - the ones with the TV ads and the bank lobbies - offer a certain kind of experience. Standardized models. Limited tax and estate integration. Frequent advisor turnover that means you're explaining your life story to a new representative every september when something changes.

Revolutionary Wealth takes a different approach:

• Continuity of relationship: you work with the same advisor, year after year. No revolving door.

• Customized investment strategy: built around Missouri tax rules and your specific situation, not a national template.

• Hands-on coordinationwith tax and estate professionals - your plan reflects Joplin-area realities, not generic assumptions from a home office in another part of the country.

High-net-worth individuals often face higher tax rates, and the difference between a national model portfolio and a tax-aware, locally informed plan can be material - sometimes worth more than the fees themselves in tax savings alone.

Our membership in the Lion Street network gives us access to institutional research, product platforms, and advanced planning resources comparable to the largest firms. But you still get direct access to the person making decisions. You don't get routed through a call center. You get a partner who knows your name, your family, your priorities, and your plan.

That's the nature of what we do.

Getting Started: Meeting With a Financial Advisor in Joplin, MO

Here's how to begin: contact Revolutionary Wealth to schedule an introductory meeting, either in person at our Joplin location or via secure video. The first conversation typically takes about an hour.

What happens in that meeting:

• We listen to your goals and concerns

• We review your current situation at a high level

• We determine whether there's a mutual fit

What doesn't happen: nobody pushes a product. Nobody asks for a commitment. And nobody expects you to speak the language of finance - part of our role is education and translation into plain English. Questions are not just welcome; they're the whole point.

Practical prep steps before your first meeting:

• Create a simple list of your accounts and approximate balances

• Print or download a recent tax return (or have your CPA make one available in july or whenever convenient)

• Log intossa.govand download your Social Security estimate

• Write down any major decisions coming in the next 2–5 years: a business sale, a move, a child finishing college, a pension election

Retirement isn't a free pass. It's a set of decisions - and most of them are better made with support than alone. If you're within five to seven years of walking away from your paycheck, the clock is running.

Reach out. Let's see if Revolutionary Wealth is the right partner for the next chapter.

Frequently Asked Questions About Financial Advisors and Retirement Planning in Joplin, MO

Below are direct answers to common questions we hear from people in the Joplin area exploring whether to work with a financial advisor.

When should I start working with a financial advisor if I plan to retire in Joplin around 2030?

For most people aiming to retire between 2029 and 2032, the ideal time to begin detailed planning is five to seven years before your target date - often between ages 60 and 62. Starting earlier gives you more room to manage Roth conversions, adjust your portfolio, and pay down debt before stepping away from a paycheck. Revolutionary Wealth also helps people already retired refine their strategy, but early engagement generally leads to more options and better outcomes. Missouri's personal income tax ranges from 1.5% to 6.0%, and proactive planning during your working years can reduce your exposure meaningfully. Missouri's state sales tax rate is 4.225%, which also factors into spending and relocation decisions.

Do I need a certain amount of savings to become a Revolutionary Wealth client?

Our typical clients are households nearing or in retirement with several hundred thousand dollars or more in investable assets, and business owners preparing for a significant liquidity event. The key factor is whether your situation is complex enough - taxes, retirement income, estate issues - that professional planning will genuinely add value. If you're eligible and uncertain about fit, consult with us in an introductory conversation. There's no cost and no obligation for that first meeting.

How often will I meet with my financial advisor once my plan is in place?

We typically meet with clients at least annually for a full review, and more frequently during the first years of retirement, a business exit, or after major life events. You can reach out between scheduled meetings whenever questions arise - a large purchase, a tax letter, market volatility, or changes in your family. Ongoing monitoring and mid-course corrections are built into the relationship, not treated as afterthoughts.

How is Revolutionary Wealth compensated, and how do I know what I'm paying?

We use a fee-based model: typically a transparent percentage of assets under management and/or flat planning fees, fully disclosed before any agreement begins. As fiduciaries, we explain all costs in writing - including any product-related expenses - and encourage clients to ask questions until they're completely comfortable. We recommend you compare fees and services across advisors in Joplin. Cost should be evaluated alongside depth of planning, tax expertise, and ongoing support.

Can Revolutionary Wealth work with my existing CPA and attorney, or do I have to switch?

Absolutely. We coordinate seamlessly with your current CPA and estate attorney, sharing plans and recommendations (with your permission) so all parties are aligned. If you don't currently have a tax professional or attorney, we can introduce trusted professionals familiar with Missouri law and Joplin-area norms. Having everyone communicate reduces surprises at tax time, produces smoother estate implementation, and results in a more coherent overall financial strategy.

Disclosures:

This blog contains general information that may not be suitable for everyone. The information contained herein should not be construed as personalized investment advice. There is no guarantee that the views and opinions expressed in this blog will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Revolutionary Wealth LLC does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance. Past performance is no guarantee of future results.

Mutual Funds are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing in Mutual Funds. The prospectus, which contains this and other information about the investment company, can be obtained directly from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest. An investment in the Fund involves risk, including possible loss of principal.

Rebalancing/Reallocating can entail transaction costs and tax consequences that should be considered when determining a rebalancing/reallocation strategy.

A REIT is a security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate. There are risks associated with these types of investments and include but are not limited to the following: Typically no secondary market exists for the security listed above. Potential difficulty discerning between routine interest payments and principal repayment. Redemption price of a REIT may be worth more or less than the original price paid. Value of the shares in the trust will fluctuate with the portfolio of underlying real estate. Involves risks such as refinancing in the real estate industry, interest rates, availability of mortgage funds, operating expenses, cost of insurance, lease terminations, potential economic and regulatory changes. This is neither an offer to sell nor a solicitation or an offer to buy the securities described herein. The offering is made only by the Prospectus. 

Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.

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. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.

Indexed annuities are insurance contracts that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company. Surrender charges apply if not held to the end of the term. Withdrawals are taxed as ordinary income and, if taken prior to 59 ½, a 10% federal tax penalty. Investors are cautioned to carefully review an indexed annuity for its features, costs, risks, and how the variables are calculated.

Not associated with or endorsed by the Social Security Administration, Medicare or any other government agency. Maximizing your Social Security Benefits assumes foreknowledge of your date of death. If as an example you wait to claim a higher monthly benefit amount but predecease your average life expectancy, it would have been better to claim your benefits at an earlier age with reduced benefits.

Please consider the investment objectives, risks, charges, and expenses carefully before investing in Variable Annuities. The prospectus, which contains this and other information about the variable annuity contract and the underlying investment options, can be obtained from the insurance company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.

The investment return and principal value of the variable annuity investment options are not guaranteed. Variable annuity sub-accounts fluctuate with changes in market conditions. The principal may be worth more or less than the original amount invested when the annuity is surrendered.

QLACs cannot be purchased with Roth or Inherited IRA dollars; value of such IRAs cannot be included in determining 25% premium limit. If Funding Source is Traditional IRA, 25% limit is calculated by combining the total value of all Traditional IRAs as of December 31st of the previous year. If Funding source is Employer sponsored qualified plan (401k, 403b and governmental 457b), 25% limit is calculated on an individual plan basis based on the plan’s account value on the previous day’s market close. If you previously purchased a QLAC, the calculation of your 25% limit is more complicated. Please contact an attorney or tax professional for additional details. Any guarantees of the annuity are backed by the financial strength of the underlying insurance company.

The projections or other information generated by Monte Carlo analysis tools regarding the likelihood of various investment outcomes are hypothetical in nature, are based on assumptions that you provide which could prove to be inaccurate over time, do not reflect actual investment results, and are not guarantees of future results. Results may vary with each use and over time.