Owen Murray, director of investments for Horizon Advisors, was interviewed by Dean Starkman for an article discussing year end tax planning ideas, titled “Year-end tips may yield tax savings”, that appeared in the December 24th edition of the Los Angeles. Owen described a recent partial Roth IRA conversion which we recommended for one of our clients. Based on their particular tax situation for 2014, our client was able to convert $30,000 from a traditional IRA into a Roth IRA and avoid any taxes on the conversion. All future growth and income in the Roth account will also be tax free.
Horizon Wealth Advisors is a Houston based fee-only wealth management firm. Horizon is a fiduciary advisor. We specialize in helping successful individuals and families understand, organize, and manage their often complex financial situations. Horizon offers integrated financial planning and investment management services.