A Timely Roth Conversion Opportunity for Your Agents
Year-end is a great time to talk Roth conversions.
As clients review their retirement plans and tax strategies before year-end, now is a great time to explore whether a Roth conversion could fit into their financial goals.
With North American fixed index annuities (FIAs), full and partial Roth conversions offer eligible clients flexibility to manage their conversions over time while positioning retirement savings for potential tax-free growth and income.
Why consider Roth conversions with North American?
- Flexible conversion options: Full Roth conversions on all North American FIAs and partial conversions on contracts issued February 1, 2024, or later.
- Convert on your clients’ timeline: No need to wait for a contract anniversary. Eligible clients can convert now or over multiple tax years, if lifetime income payments haven’t started.
- Simplified experience: Multiple partial conversions roll into one converted Roth IRA contract.
- Independent control: After a partial conversion, the original IRA and converted Roth IRA contracts can have separate allocation and strategy decisions.
- Long-term tax advantages: Potential for tax-free growth, qualified tax-free withdrawals and no lifetime RMDs for Roth IRA owners.
Make the conversation easier with our Roth conversion resources.
From client-friendly FAQs and case studies to a quick-hit agent video, we’ve got tools to help you explore full and partial Roth conversion strategies with clients.
Help clients explore their options before year-end.
A conversation today could help clients take a more tax-efficient approach to their retirement tomorrow.