Roth Conversion Strategies

Roth conversions allow individuals to move money from a traditional IRA or 401(k) into a Roth account. While taxes are due in the year of the conversion, future earnings grow tax-free, and qualified withdrawals are completely tax-free. Strategic conversions, particularly in years of lower income or before anticipated tax rate increases, can minimize lifetime tax burdens and provide a tax-free income stream in retirement.

Opportunity Zone Investments

Opportunity Zones offer a unique way to defer and potentially reduce capital gains taxes by investing in designated economically distressed areas. Investors can defer taxes on prior gains until 2026 or until the investment is sold, whichever comes first. Additionally, holding the investment for 10 years allows any appreciation within the Opportunity Zone fund to grow tax-free. This strategy can create both long-term wealth and meaningful community impact.

Charitable Tax Credits & Donor-Advised Funds

Charitable giving can provide significant tax advantages, especially when using donor-advised funds (DAFs). Contributions to a DAF are immediately tax-deductible, and you can decide later which charities to support. This allows you to bunch charitable contributions into high-deduction years, reduce taxable income, and still support causes over time. Certain state-specific charitable tax credits can further amplify the benefit, directly reducing state tax liability.

Big-Beautiful Bill Tax Changes

At Lloyd Financial Group, we don’t just review the Big Beautiful Bill—we analyze how its changes impact your unique situation. From deductions and credits to business incentives and retirement strategies, we identify opportunities to minimize taxes and maximize wealth. Our team creates customized solutions that align with your goals, whether you’re planning for retirement, managing a business, or optimizing charitable giving. With LFG, your tax strategy is tailored, proactive, and designed to work for you.