Retirement Planning Financial Advisor: A Practical Guide for Bentonville, Arkansas Retirees
Are you a pre-retiree or retiree in Bentonville, Arkansas, seeking professional help with retirement planning? This comprehensive guide is designed specifically for individuals and couples in Northwest Arkansas who want to understand how a retirement planning financial advisor can help with income, taxes, and legacy planning. If you’re approaching retirement or already enjoying your golden years, working with a retirement planning financial advisor is crucial to avoid costly mistakes, maximize your retirement security, and ensure your money lasts as long as you do. Retirement experts provide valuable insights and guidance for those navigating the transition to retirement, helping you make informed decisions at every step. This guide is for those seeking professional help with retirement planning in Bentonville, Arkansas, and will walk you through how a retirement planning financial advisor can help you create a personalized roadmap for retirement, navigate complex income and tax decisions, and tailor your plan to your unique goals.
Retirement planning in Northwest Arkansas involves more than picking the right mutual funds. It requires understanding how Social Security timing, Medicare costs, RMDs, and Arkansas tax rules all work together to protect your retirement money for decades. If you’re seeking professional help with retirement planning in Bentonville, Arkansas, this guide will show you exactly how a retirement planning financial advisor uses modern technology to turn your savings into a reliable income stream you can count on.
Key Takeaways
Retirement planning financial advisorshelp clients create a personalized roadmap for retirement based on their unique financial situation and goals.
They provide comprehensive financial advice, assisting in navigating the complexities of retirement income and tax planning, ensuring you make informed decisions about Social Security, Medicare, RMDs, and more.
Many financial advisors offer personalized financial plans tailored to individual goals and timelines, helping you manage your finances effectively as you approach retirement.
A personalized financial plan can help you manage your finances effectively as you approach retirement, providing clarity and confidence in your financial future.
Understanding the pricing structure of financial advisors is crucial to know how much you will be paying for their services.
How a Retirement Planning Financial Advisor Helps You: Summary
A retirement planning financial advisor is your partner in building a secure retirement. Here’s how they help:
Personalized Roadmap:Financial advisors can help clients create a personalized roadmap for retirement based on their unique financial situation and goals.
Income & Tax Planning:Retirement financial advisors can assist clients in navigating the complexities of retirement income and tax planning, including Social Security, Medicare, and RMDs.
Tailored Plans:Many financial advisors offer personalized financial plans tailored to individual goals and timelines, ensuring your plan fits your lifestyle and needs.
Effective Management:A personalized financial plan can help you manage your finances effectively as you approach retirement, helping you avoid costly mistakes and maximize your retirement security.
Working with a retirement planning financial advisor is an ongoing relationship, providing continuous support and adjustments to your plan as your needs and circumstances evolve.
What a Retirement Planning Financial Advisor Actually Does
A retirement planning financial advisor is a specialist focused on turning your accumulated savings—401(k)s, IRAs, brokerage accounts, business equity—into reliable income for life. This goes far beyond simple investment management.
At Revolutionary Wealth, financial advisors help Bentonville clients with concrete tasks:
Projecting retirement dates (e.g., retiring from Walmart or Tyson at age 62 versus 67)
Deciding when to claim Social Security (62, full retirement age, or 70)
Mapping out annual spending in specific dollar amounts and testing whether your current savings can support it
Coordinating employee benefits, including leveraging employer sponsored plans and employer sponsored retirement plans like 401(k) matches and HSA options from local Northwest Arkansas employers
The advisor role extends well beyond investments. It encompasses tax planning, estate and legacy planning, insurance decisions, and ongoing coordination with benefits such as Medicare enrollment and required minimum distributions. Financial advisors also provide a second opinion on your retirement plan to help you avoid costly mistakes. They help estimate and plan for significant expenses like healthcare costs and long-term care needs, and emphasize proactive risk management to identify and address potential financial challenges early on.
Revolutionary Wealth works extensively with pre-retirees who are single, divorced, or widowed women, focusing on building confidence, clarity, and a sustainable income plan explained in plain English, supported bylifestyle and life-transition planning resources.
A dedicated advisor provides ongoing support, not a one-time financial plan. Your strategy gets reviewed at least annually and updated after major life events—selling a business, loss of a spouse, or relocation within or outside Arkansas—bythe Revolutionary Wealth retirement planning team. Regular adjustments to your financial plan are necessary to respond to major life changes, such as divorce or inheritance.
Now that you understand the advisor’s role, let’s look at why retirement planning is especially important in your early 60s.
Why Retirement Planning Matters in Your Early 60s (Especially in Bentonville)
Ages 59½ through 67 represent a critical decision window for taxes, Social Security, Medicare, and investment risk. Making poor choices during this period can cost tens of thousands of dollars over your lifetime.
Here’s what Bentonville-area residents need to understand:
RMD timing:Required Minimum Distributions starting at age 73 (under current law as of 2026) can push retirees into higher federal tax brackets if not planned for early. Many retirees are surprised by how much they may have to pay in taxes on withdrawals from retirement accounts, and it's important to consider how you will pay these taxes as part of your retirement planning. A $1 million IRA could trigger $45,000-$52,000 in taxable income the first year alone.
Arkansas tax advantages:Arkansas fully exempts Social Security benefits, military pensions, and up to $6,500 of other retirement income per person for those 59½ and older. Moving from California or Illinois to Arkansas can yield 5-10% effective tax savings on retirement distributions.
Medicare IRMAA surcharges:High income in retirement—especially after large IRA withdrawals or Roth conversions—can trigger Income-Related Monthly Adjustment Amounts adding $500+ monthly to Medicare Part B premiums.
Longevity risk:A 65-year-old couple in Bentonville potentially needs income for 25-30 years, given U.S. life expectancies of 84 for men and 86 for women. A common challenge in retirement planning is not knowing how long your savings will last, but a retirement planning financial advisor can help address this uncertainty.
Inflation:Many retirees do not account for inflation when planning their retirement income, which can erode purchasing power over time. Factoring in inflation is essential to ensure your income needs are met throughout retirement.
Consider a local pre-retiree couple in their early 60s deciding whether they can retire from a Bentonville employer in 2028. Revolutionary Wealth’s planning gives them a specific “yes, no, or not yet” answer about retirement timing, supported by data from eMoney and Nitrogen.
With these challenges in mind, let’s explore how Revolutionary Wealth builds a comprehensive retirement plan for Bentonville-area clients.
How Revolutionary Wealth Builds Your Retirement Plan (Step-by-Step)
Revolutionary Wealth follows a structured planning process tailored to Bentonville-area retirees, combining human advice with a robust tech stack and apersonalized, proactive financial planning approach. Here’s how the journey unfolds:
First, we gather a comprehensive view of your financial life and goals. During scenario modeling and planning, we present multiple options for your retirement plan, ensuring you have a range of tailored strategies to choose from based on your unique needs and circumstances.
When it comes to investment management, we use a portfolio based approach, building and adjusting your investment portfolio to align with your individual goals. This approach offers flexibility, whether you prefer to manage your portfolio independently, with professional guidance, or through full management.
As we implement your income strategy, we emphasize the importance of building a 'war-chest' of 5-10 years of retirement expenses in a low-risk account, especially for those nearing retirement. This helps provide stability and peace of mind as you transition into retirement.
Discovery Meeting
Clarify goals (target retirement year, travel plans, home renovations, helping adult children, charitable giving)
Gather account information including 401(k), IRA, Roth IRA, brokerage, and business interests
Data Organization
Input all accounts, pensions, Social Security estimates, and expected expenses into eMoney for a complete financial picture
Scenario Modeling
Compare concrete scenarios like retiring in 2027 versus 2030, delaying Social Security to age 70, or downsizing a home in Northwest Arkansas. Scenario modeling also takes into account how certain investments can impact tax efficiency and income planning, helping you make informed decisions about your retirement strategy.
Risk Analysis
Use Nitrogen to measure your risk tolerance and test investment portfolios against events like a 2008-style market decline or a 2020-style shock
Income Strategy
Design a monthly paycheck from various sources including Social Security, retirement accounts, fixed indexed annuities, pensions, and part-time work
Tax Planning
Model Roth conversions between retirement and RMD age, QCDs from IRAs after age 70½, and efficient withdrawal sequencing across taxable, tax-deferred, and tax-free accounts
Implementation
Set up investment portfolios and integrate them into Black Diamond for performance tracking and reporting
Ongoing Reviews
Plans get revisited at least annually and updated when laws change (such as potential tax law sunsets in 2026) or when life events occur
This process takes you from “I don’t know if I can retire” to “I have a written retirement roadmap” with specific numbers and dates.
Next, let’s see how Revolutionary Wealth’s technology stack gives you clarity and control over your retirement plan.
Our Technology Stack: How We Give You Clarity and Control
Revolutionary Wealth’s planning technology gives retirees near Bentonville a family-office level experience without needing $50 million or more in financial assets. Each tool serves a specific purpose, and together they create a seamless system for managing your financial life, supported by a broadresource center for retirement and wealth planning. These advanced tools enable us to deliver comprehensive investment solutions tailored to each client's retirement goals.
eMoney: Your Interactive Retirement Roadmap
eMoney serves as the core financial planning engine where Revolutionary Wealth inputs all accounts, pensions, Social Security estimates, and spending goals for Bentonville-area clients.
With eMoney, your financial planner can:
Build year-by-year cash flow projections showing income, taxes, and portfolio values from 2026 through age 95 or 100
Run “what if” scenarios such as retiring from a local employer in 2029 versus 2032, delaying Social Security to age 70, or selling a rental property in Rogers in 2030
Show the long-term tax impact of Roth conversions performed between ages 60 and 72
Clients receive access to an eMoney client portal to view their balance sheet, track progress toward goals, and securely store documents like wills, trust documents, and insurance policies.
Here’s a concrete illustration: a 63-year-old widow in Bentonville can see on-screen that she can safely spend $80,000 per year (after tax) without running out of money in the plan, with a 95% probability of success across 1,000 market scenarios.
Nitrogen: Stress-Testing Your Investments
Nitrogen (formerly Riskalyze) is Revolutionary Wealth’s risk analysis and portfolio stress-testing tool. Understanding your risk tolerance is essential before making any investment decision.
Nitrogen provides several capabilities:
Assigns you a risk score based on how much loss you can tolerate over a six-month window
Compares that score to the risk level of your current portfolio (for example, identifying when your portfolio has a risk score of 80 but you’re only comfortable with 55)
Simulates historical stress events, such as the 2008-2009 financial crisis or the 2020 COVID downturn, to show how your investment portfolios might behave
Nitrogen supports informed investing decisions by aligning your portfolio risk with your retirement goals, helping ensure your investment strategy matches your long-term objectives.
Pre-retirees in their early 60s can see whether their current investments are too aggressive or too conservative as they approach retirement within 3-5 years.
Nitrogen helps align portfolio risk with the retirement income plan built in eMoney, reducing the chance of panic-selling during market volatility. Studies show investors who panic-sell underperform by 4-5% annually.
Black Diamond: Clear, Consolidated Performance Reporting
Black Diamond is the performance reporting and portfolio monitoring system used by Revolutionary Wealth to track investment accounts daily.
Key features include:
Aggregating multiple accounts (IRAs, Roth IRAs, taxable brokerage, inherited IRAs) into a single, easy-to-read performance dashboard
Showing performance net of fees over specific time periods (year-to-date, 1-year, 3-year, since inception with Revolutionary Wealth)
Breaking down asset allocation (U.S. stocks, international stocks, bonds, cash, alternatives) so you can see what you own and why
Retirees receive quarterly performance reports via Black Diamond, which get reviewed in meetings—either in-person in Bentonville or via video call.
For example, Black Diamond can verify that your portfolio remains aligned with target allocation after market moves, triggering rebalancing when drift exceeds 10%.
Wealth.com: Modern Estate & Legacy Organization
Wealth.com is the digital estate planning partner Revolutionary Wealth uses to help clients organize and update wills, trusts, and beneficiary designations.
The platform enables you to:
Create and store core estate documents (wills, revocable trusts, health care directives, financial powers of attorney) online, with state-specific customization for Arkansas residents
Securely share key information with trusted family members so they know where documents are and what to do if something happens
Integrate with your financial plan, ensuring eMoney and Wealth.com together confirm that assets and documents match your overall legacy goals
This tool is especially helpful for single, divorced, and widowed women who want to make sure children or loved ones have clear instructions and minimal court delays. Average probate costs run $30,000—proper planning can cut that significantly.
Revolutionary Wealth coordinates with local Arkansas estate attorneys when needed, using Wealth.com as the hub for organizing and updating documents over time.
BizEquity: Planning for Business Owners’ Retirement & Exit
BizEquity is the business valuation tool Revolutionary Wealth uses for Northwest Arkansas business owners—including owners of logistics, trucking, construction, or professional services firms in Bentonville, Rogers, and Springdale.
BizEquity provides:
A data-driven estimate of your business’s current value and potential future value based on revenue, profitability, industry, and other metrics
Modeling of different exit scenarios (selling in 2028 versus 2033, selling to a third party versus key employees or family members)
Integration of business sale proceeds into your overall retirement plan, showing how much income you can reasonably expect after taxes
Consider a 61-year-old Bentonville business owner earning $500,000+ annually exploring a sale around age 65. BizEquity shows how a $5 million business value might yield $3.5 million after-tax, and how that integrates with Social Security and other retirement income sources.
BizEquity enables Revolutionary Wealth to coordinate business exit planning with certified public accountants and attorneys, aiming to reduce taxes on the sale and align proceeds with estate and legacy goals.
With a robust technology stack in place, let’s dive into the key retirement planning topics that matter most for Bentonville-area retirees.
Key Retirement Planning Topics We Cover With Clients
Revolutionary Wealth focuses on several advanced but highly practical areas that matter most to retirees in and around Bentonville, Arkansas. Working with a financial pro can help you navigate the complexities of retirement planning and make informed decisions about your future. These aren’t abstract concepts—they’re the specific decisions that determine whether your retirement savings last. It's important to remember that retirement planning often involves unexpected costs that can impact your financial security.
Social Security Timing and Income Paycheck Design
Social Security timing:Claiming at 62 reduces monthly benefits by up to 30%, while delaying to 70 boosts benefits by 8% annually past full retirement age
Pension options:Choosing between single life versus joint and survivor for legacy pensions from employers
Account withdrawals:Coordinating 401(k)s, IRAs, Roth accounts, and taxable investment accounts
Annuities:Adding fixed indexed annuities for a layer of guaranteed lifetime income
Example: A couple retiring in 2027 at ages 65 and 63 targets $7,500 monthly income. Their paycheck might include 40% from Social Security, 30% from systematic withdrawals, 20% from an annuity, and 10% from part-time work. eMoney visualizes how that income changes if markets underperform or if one spouse passes away early.
Tax Strategy and Roth Conversions
Long-term tax planning:Projecting lifetime tax liabilities under different scenarios—comparing no Roth conversions versus annual conversions between ages 60-72
Roth conversions:Taking advantage of the period between retirement and RMD age to convert portions of traditional IRAs to Roth IRAs at lower tax brackets
Coordination with CPAs:Anticipating potential tax law changes, including scheduled sunset of some provisions after 2025
For a high-income Bentonville couple with $2 million in tax-deferred accounts, planned Roth conversions of $50,000 annually at the 12% bracket could save $60,000 or more in total lifetime taxes compared to waiting for RMD spikes.
RMDs and Charitable Giving
Understanding RMDs:Required Minimum Distributions starting at age 73 under current law
Qualified Charitable Distributions (QCDs):Satisfying RMDs while supporting charities in Northwest Arkansas or elsewhere
Annuity considerations:Using fixed indexed annuities alongside investment portfolios to support income goals and manage sequence-of-returns risk
A client who wants to give $10,000 per year to a favorite charity can use QCDs to reduce taxable income compared with writing checks from a checking account—potentially saving 22% or more in the 22% tax bracket.
Estate and Legacy Planning
Updating documents:Making sure wills and powers of attorney are up to date and reflect Arkansas law
Revocable trusts:Establishing or updating for those with larger estates or out-of-state property
Beneficiary designations:Aligning on 401(k)s, IRAs, and life insurance with the overall plan
Wealth.com creates, stores, and organizes documents, while Revolutionary Wealth advises on how legacy wishes fit with tax and income strategies.
A widowed Bentonville client can organize her estate in Wealth.com so adult children in another state know exactly how to handle affairs if needed. You don’t need to be ultra-wealthy to benefit from solid estate planning and digital organization.
Business Owner Exit Planning
Business valuation:Getting an up-to-date estimate of business value in 2026 and projecting value at a planned sale year (2030 or 2032)
After-tax proceeds modeling:Modeling the after-tax proceeds of a sale under different deal structures
Retirement savings acceleration:Integrating a defined benefit or cash balance plan to accelerate retirement savings before a sale—contributions can reach $300,000 annually for high earners
A Bentonville business owner earning over $500,000 annually can use a cash balance plan plus a targeted sale to meet retirement income and legacy goals. The key is starting exit planning at least 3-7 years before the desired retirement date, not six months before listing the business.
Understanding these topics is essential for a secure retirement. Next, let’s see what it’s like to work with Revolutionary Wealth as your retirement planning partner.
What It’s Like to Work With Revolutionary Wealth
Meeting Revolutionary Wealth for the first time—whether in person in Bentonville or via video—feels collaborative rather than transactional. You’ll work closely with a dedicated advisor who knows your situation and draws on the expertise of industry experts to provide high-quality advice.
Key elements of the client experience:
Fiduciary, independent advicewith transparent fee structures (percentage of assets, planning fees, or a combination), described plainly during your initial conversation
Education and collaborationusing the tech tools (eMoney, Nitrogen, Black Diamond, Wealth.com, BizEquity) live during meetings so you can see and interact with your personalized plan
Regular review meetings(typically annually, or more often around big decisions like retirement date, business sale, home purchase, or major inheritance)
Access for spouses and adult childrenwhen appropriate, especially around estate planning and legacy discussions
Support through emotional transitions—individuals often struggle with the emotional aspects of retirement, including the loss of identity associated with work, and Revolutionary Wealth is committed to guiding clients through these changes
Revolutionary Wealth specializes in retirees, pre-retirees (59-67), single/divorced/widowed women, and business owners in the Bentonville area. The firm’s financial professionals understand both the local landscape and the broader wealth management strategies that apply regardless of where you live.
Ready to see where you stand? Schedule a complimentary consultation to review your retirement readiness and learn how the firm’s tech stack can apply to your situation.
If you’re considering professional help, it’s important to know how to choose the right retirement planning advisor for your needs.
How to Choose the Right Retirement Planning Advisor for You
Many national firms serve retirees—Edelman Financial Engines, Ameriprise, Raymond James, Northwestern Mutual, CapTrust, and others. Here’s how to evaluate any retirement advisor you consider, including Revolutionary Wealth:
Start by verifying advisor credentials—check their licenses, disciplinary history, and any specialized designations to ensure expertise and trustworthiness. Understand the difference between fee-only and fee-based advisors: fee-only financial advisors make money solely from client fees, while fee-based advisors may also earn commissions from selling products. Some firms also highlight the role of their chief investment officer in shaping investment strategies and providing market outlooks. For those with less complex financial situations, automated solutions like robo-advisors can be a cost-effective option.
What Is a Financial Advisor?
Financial advisors can go by various titles, including financial advisor, wealth manager, or financial planner. When selecting a retirement planning advisor, important factors include fiduciary duty, compensation method, relevant certifications, and specialization in retirement planning. A fiduciary is required to put a client's financial interests above their own. Fee-only advisors are paid directly by clients and do not earn commissions from selling specific products, avoiding conflicts of interest.
Key Terms to Know
Fiduciary:A fiduciary is required to put a client's financial interests above their own at all times.
Fee-only:Fee-only advisors are paid directly by clients and do not earn commissions from selling specific products, which helps avoid conflicts of interest.
Certified Financial Planner (CFP®):A financial advisor should hold the Certified Financial Planner (CFP®) designation to indicate comprehensive training in retirement planning, taxes, and estate planning.
Background checks:Checking the credentials and background of a financial advisor is an important step in the selection process. Background checks can be conducted through the SEC’s Investment Adviser Public Disclosure database or FINRA’s BrokerCheck.
How to Evaluate a Retirement Planning Advisor
Confirm fiduciary status:Ask whether the advisor is a fiduciary at all times. Understand how they’re compensated—fee only, fee based, asset-based, flat fee, or hourly rate.
Ask about technology:How do they use planning tools, reporting systems, and estate organization to support clients over time? Do you get portal access?
Evaluate communication:Does their meeting frequency match your preferences? Do they explain concepts clearly?
Verify background:Check the SEC’s Investment Adviser Public Disclosure and FINRA’s BrokerCheck to confirm the advisor is a registered investment adviser with a clean record.
Interview at least two or three financial advisors, including Revolutionary Wealth, and choose the one that explains concepts clearly, listens well, and aligns with your values.
Must-ask questions for any potential advisor:
Are you a fiduciary at all times?
How do you get paid?
What technology will I use as your client?
What are your account minimums?
How often will we meet?
With the right advisor, you’ll have a trusted partner to guide you through every stage of retirement planning. Now, let’s address some frequently asked questions from Bentonville-area retirees.
Frequently Asked Questions
Do I need a minimum amount of savings to work with Revolutionary Wealth?
While the firm often works with clients who have several hundred thousand dollars or more saved for retirement (in 401(k)s, IRAs, and other accounts), they’re most focused on fit: pre-retirees and retirees who are serious about creating a comprehensive financial plan. Revolutionary Wealth is happy to discuss specific asset levels, fee structures, and advisory services options during an initial complimentary call, with no obligation.
Can we meet virtually if I split time between Bentonville and another state?
Revolutionary Wealth routinely serves clients via secure video meetings, using eMoney and other tools to share screens and review plans in real time, regardless of whether you’re in Bentonville, at a second home, or traveling. Documents can be shared and signed securely online, and you can reviewfinancial education and retirement planning videosbetween meetings. In-person meetings in Northwest Arkansas remain available for those who prefer face-to-face conversations.
How do your technology tools work together in my day-to-day experience?
Clients typically experience the tools as a seamless system:
eMoneyfor viewing the big-picture plan and organizing documents
Black Diamondfor checking account performance and holdings
Nitrogenfor understanding risk during review meetings
Wealth.comfor accessing estate documents
BizEquityfor business owners planning their exit
Revolutionary Wealth handles the integrations in the background so you can focus on decisions, not software.
When is the right time to start serious retirement planning?
The ideal time is about 5-10 years before a targeted retirement date—often between ages 59 and 67—when there’s still time to adjust retirement savings, risk levels, tax strategies, and retirement dates. That said, it’s never too late to benefit from professional guidance. Revolutionary Wealth regularly helps people already retired refine their income and tax strategies.
Can Revolutionary Wealth help coordinate with my CPA and attorney?
Yes. Revolutionary Wealth frequently collaborates with clients’ CPAs and estate attorneys to align tax planning, estate documents, and investment strategy. Tools like eMoney, Wealth.com, and BizEquity, along with onlinefinancial calculators and tax planning tools, make it easier to share accurate data and scenarios with other professionals, reducing errors and helping everyone stay on the same page.
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.