Long-form
Roth Conversion Warning 2026 - Don't, here's what can happenSummaryIn this 0:43 Annuities Explained video, Jeffrey Scott McLeod, LUTC, covers “Roth Conversion Warning 2026 - Don't, here's what can happen.” If you're seeing Roth conversion ads everywhere, you're not alone. But, don't buy one, not yet. Now, it could eat 20% of your IRA. Or, markets drop right after and you're locked in. RMDs still hit, and calculators skip spouse, heirs, and Medicare bumps. I've seen folks lose thousands rushing. Almost covers the tax hit, guaranteed growth, no cash from you. Want real numbers for your situation? Insurance education only—not securities advice. Key takeaways
From the NAIC Buyer’s GuideFixed indexed annuities are a type of fixed annuity that earn interest based on changes in a market index; the interest rate is guaranteed never to be less than zero, even if the market goes down. When you buy an indexed annuity, you are not investing directly in the market or the index. Any money your annuity earns is tax deferred. That means you generally won’t pay income tax on earnings until you take them out. The 2022 NAIC Buyer’s Guide for Deferred Annuities explains that an annuity is a contract with an insurance company. With an annuity, the insurer promises to pay income on a regular basis for a period you choose—including the rest of your life. Source: NAIC Buyer’s Guide for Deferred Annuities (2022). The guide does not endorse any company or policy. For your state insurance department, see www.naic.org. Questions about fixed index annuities? Call or text 501-658-9882 · Book a time on the calendar Insurance-only disclaimer Jeffrey Scott McLeod, LUTC, is a licensed insurance producer. Content on this page is educational and discusses insurance products only—not securities, brokerage, or investment advisory services. Texas license 901162. Arkansas / National Producer Number 558629. Product availability, rates, and features vary by state and insurer. Read the NAIC Buyer’s Guide and the insurance contract before you buy. More videos |
Jeffrey Scott McLeod, LUTC — Licensed insurance producer. Texas license 901162. Arkansas / National Producer Number 558629. Insurance products only; not securities or investment advisory services.
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