TheLiveBigWay Digest – To Roth or Not

A Roth Conversion is a taxable transfer of assets from your traditional/SEP/SIMPLE IRA to a Roth IRA in an effort to take advantage of the tax and withdrawal benefits of a Roth IRA. Not only do assets grow tax-deferred in a Roth IRA, but distributions are 100% tax-free to the account holder (as long as the account holder is over age 59 1/2 or the converted assets have been in the Roth IRA for more than five years, whichever is sooner) and 100% tax-free to his or her heirs for generations to come. Learn more about the ins-and-outs of a Roth conversion and Yeske Buie’s process for determining who among our clients should do one.

The Yeske Buie Team from both offices will be gathering at Asilomar for our semi-annual retreat next week. As a result, the Virginia office will be physically closed from Monday, October 27th through Friday, October 31st and the San Francisco office will be physically closed from noon on Monday, October 27th through Thursday, October 30th. While we won’t be answering the phone during that time, we’ll be checking emails and voicemails frequently and will respond promptly to any urgent needs. For those of you in California, we hope to see you at our Open House in our San Francisco office on Thursday, October 30th from 4:30-6:30pm!

Dorothy Navales is a member of Yeske Buie’s client service team working in our San Francisco office. Dorothy has over 15 years of experience in the financial services industry and has been with Yeske Buie for over 4 years. Dorothy interacts directly with the firm’s clients on a daily basis. Additionally, her responsibilities include operational and administrative support to enhance the client experience and the support of the financial planning team in serving clients. We asked Dorothy to share a bit about her professional and personal life and learned a lot about her life as a working mother of a promising athlete!