RFG Wealth Advisory

11/11/2025

Think all your Roth IRA withdrawals are tax-free? Think again. Even small mistakes—like withdrawing converted funds too early—can trigger unexpected taxes or penalties.
I just published a new blog that makes it simple to understand:
• Which Roth IRA funds come out first
• When converted amounts can create penalties
• How to keep your earnings truly tax-free
Plus, you’ll see a real-life case study showing how even experienced investors can make costly mistakes—and how to avoid them.
👉 Read the blog: Are Your Roth IRA Withdrawals Really Tax-Free?
Don’t risk paying unnecessary taxes.
https://rfgwealthadvisory.com/think-your-roth-ira-withdrawals-are-tax-free-think-again/

Call us at 940-464-4104 or schedule a free virtual consultation today.
RFG Wealth Advisory – Independent, fee-only, always in your best interest. https://rfgwealthadvisory.com

If you found this article helpful, please forward it to someone who might also find it helpful. They will appreciate it.

Investment advice is offered through RFG Wealth Advisory, a Registered Investment Advisor.

09/15/2025

When it comes to crafting a meaningful and tax-efficient legacy for your loved ones, Roth IRAs and life insurance policies are two powerful tools that share a similar goal: transferring wealth across generations. However, they operate under fundamentally different rules—and understanding how those differences affect your estate plan can make a significant impact.

Drawing on insights from estate planning authorities like Ed Slott and our own experience at RFG Wealth, here are three key distinctions to consider:

https://rfgwealthadvisory.com/wp-content/uploads/Leaving-a-Legacy-Life-Ins-vs-ROTH-IRA-2025.pdf

1. Estate Inclusion and Tax Implications

A Roth IRA, by its nature, remains in your estate—even today’s generous federal exemption ($13.99 million) can't avoid taxes in states with lower thresholds. If your estate exceeds local limits, your heirs may face unexpected tax liabilities on Roth IRA proceeds. In contrast, life insurance can be structured to live outside your estate—often through an irrevocable trust—delivering tax-free death benefits directly to beneficiaries, unencumbered by estate taxes.

2. Contribution Flexibility and Income Requirements

Roth IRAs come with tight IRS-imposed limits: for 2025, annual contributions max out at $7,000 (or $8,000 if you're 50 or older) and must come from "earned income" that falls below threshold levels. High-income families may even be barred from contributing directly. In stark contrast, life insurance has no IRS limits. You may access as much coverage as insurers will underwrite—regardless of your income, with premiums payable from any source, including investments or retirement distributions.

3. Distributions and Timing of Benefit

Roth IRAs don’t require distributions during your lifetime. Upon your passing, non-spouse heirs must empty the account within 10 years, but if they wait, a decade of potential tax-free growth awaits. A case in point: a beneficiary inheriting a $500,000 Roth that grows over 10 years could receive double that in tax-exempt income. Life insurance payouts are immediate and tax-free—but once invested, subsequent gains can be taxable.

Final Thoughts: There’s No One-Size-Fits-All

Neither option universally outshines the other. Life insurance may provide advantages when estate taxes are a concern or if Roth contributions become impractical. On the other hand, Roth IRAs offer extraordinary long-term growth without taxes potential for families needing both legacy planning and flexibility.

Ed Slott—even known as the “Roth IRA’s biggest fan”—points out that using both tools, when appropriate, enhances planning flexibility and empowers you to adapt based on your family’s circumstances.

Would you like to explore whether a Roth IRA, life insurance, or a tailored hybrid approach best fits your situation? Download our guide, “Leaving a Legacy: Life Insurance vs. Roth IRAs,” or book a free virtual consultation today.

Reach out to us at 940-464-4104, or schedule a time via RFGWealthAdvisory.com. As a fiduciary, fee-only firm, we’re committed to planning strategies that prioritize your legacy and your financial peace of mind.

Financial Success Doesn’t Happen by Chance—it’s about smart strategy and thoughtful ex*****on.

08/04/2025

RFG Team Summer Adventures! Click here!

This newsletter celebrates the 30th anniversary of RFG Wealth Advisory, reflecting on its journey as a Registered Investment Advisor and sharing personal updates from the team. · Not all wealth management firms are the same. If low fees, objective advice, great technology and high communication sou...

07/28/2025

https://personal.relayto.com/susan-dawson/rfg-wealth-advisory-team-news-july-25-edbzcgf9eabso

Celebrating 30 years of guiding clients in their financial lives and a team that knows how to have fun outside the office. Click below for our RFG Team News Summer 2025.

This newsletter celebrates the 30th anniversary of RFG Wealth Advisory, reflecting on its journey as a Registered Investment Advisor and sharing personal updates from the team.

04/15/2025

https://www.youtube.com/watch?v=XO1gRynnFDg&feature=youtu.be

Many people need to roll over an IRA at some point—whether due to changing jobs, inheriting an IRA, or consolidating retirement accounts. But did you know th...

03/26/2025

Dear Clients, Partners, and Friends,
I am thrilled to share some exciting news about the future of RFG Wealth Advisory. Please join me in welcoming Ryan Schroer, CPA, as the new President of our firm. Ryan's leadership, extensive financial expertise, and deep commitment to client success make him an outstanding addition to our team.

Ryan brings a wealth of experience in the financial industry, having served as both Market President and Chief Risk Officer at American National Bank & Trust, where he led strategic growth initiatives and fostered strong client relationships. With a strong foundation in finance and marketing from Baylor University's Hankamer School of Business and advanced studies at the SW Graduate School of Banking, Ryan has cultivated a unique blend of financial acumen and entrepreneurial spirit that aligns perfectly with RFG's mission.

Beyond his professional achievements, Ryan is deeply rooted in the community. His civic involvement has allowed him to serve on many local not-for-profit boards and committees, including as chairman of the Flower Mound Chamber of Commerce, chairman of Pediplace, vice chairman of deacons for Crossroads Bible Church, and treasurer for Lewisville ISD Education Foundation. A strong advocate for financial education, Ryan continues to be involved in mentoring youth through partnerships with Lewisville Independent School District and the Town of Flower Mound's Department of Economic Development.

He and his wife, Erica, live in Flower Mound, Texas, with their three children, ages 8 to 13. Their family is actively involved in youth sports and extracurricular activities, dedicating much of their time outside of work to supporting and cheering on their kids in their various pursuits.

At RFG Wealth Advisory, we remain committed to providing exceptional financial guidance tailored to your goals and values. With Ryan's leadership, we are excited to build upon our tradition of excellence and continue serving you with integrity and innovation.

Please join me in welcoming Ryan to the RFG family! We look forward to his leadership's impact on our firm and, most importantly, the clients we serve.

Sincerely,
Chris Robinson, CEO
RFG Wealth Advisory
​Ryan Schroer's RFG Team Page​
Investment advice is offered through RFG Wealth Advisory, a Registered Investment Advisor.

10/28/2024

Finally reaching the point where you can withdraw money from your retirement account should feel like a reward for years of saving. But nothing takes the joy out of retirement faster than facing hefty penalties for a missed RMD or miscalculated Required Minimum Distribution (RMD).

If you’re approaching age 73, now’s the time to familiarize yourself with the updated laws under the SECURE Act and SECURE 2.0, which could impact how much you are required to withdraw from your retirement accounts each year. With the rules constantly changing, it’s easy to make mistakes that could lead to unnecessary tax penalties—but the good news is, you don’t have to navigate this alone.

​Video Presentation of this content​
https://youtu.be/mjhwjN-kBSc

We’ve put together a free guide, “Calculating your RMD in 5 Easy Steps,” to help you calculate your RMD correctly and avoid those penalties. Click above to download your free guide and learn how to:

1. Determine Your Distribution Year: Know when your first RMD is due and the difference between taking your first RMD and your subsequent ones.

2. Locate Your Retirement Plan Balance: Understanding the balance to use is crucial. Don't forget to account for any rollovers from the previous year.

3. Calculate Your Life Expectancy Factor: Ensure you're using the correct life expectancy table, especially if your spouse is more than 10 years younger.

4. Do the Math Correctly: Learn the simple formula to calculate your RMD and how to avoid the 50% penalty for missing a distribution.

5. Take Notice of Aggregation Rules: Not all retirement accounts are treated the same. Find out which types of accounts can be aggregated when taking RMDs and which can’t.

What Exactly is an RMD?

An RMD, or Required Minimum Distribution, is the minimum amount you must withdraw from your retirement account each year, starting at age 73 (up from age 70 ½ due to the SECURE Act). While RMD rules can feel overwhelming, especially if you have multiple accounts, taking the time to understand and plan for them can save you significant amounts of money in penalties and taxes.

Don’t Risk a Costly Mistake!

Failure to withdraw the full amount of your RMD on time could result in a 50% penalty on any portion you didn’t take. That’s a significant hit to your retirement savings. The last thing you want is to see your hard-earned money get whittled away by preventable mistakes.

To ensure you're on track, schedule a consultation with one of our advisors at RFG Wealth Advisory. We will walk you through the steps you need to take to calculate your RMD correctly, stay compliant with new laws, plus protect your retirement savings.

At RFG Wealth Advisory, our fiduciary duty ensures your interests always come first. We’re an independent, fee-only Registered Investment Advisor firm with a transparent fee structure for your peace of mind.

Call our office at 940-464-4104, reply to this email, or schedule an appointment online at https://RFGWealthAdvisory.com/free-assessment.​

Don’t wait—protect your financial future and make sure your RMD strategy works for you!

P.S. Download our “5 Easy Steps for Calculating Your RMD” to start on the right track today!

10/15/2024

One of the main benefits of Roth IRAs is future tax-free income. But be careful. You could end up with unexpected tax bills if your not careful how and when you withdraw funds.

When you first opened your Roth IRA, you probably thought all your future withdrawals would be tax-free, right? After all, that’s one of the main benefits of...

08/08/2024

Declining an inheritance may seem like an unlikely move, but there are situations where doing so can be beneficial. Sometimes, accepting an inheritance might trigger undesirable tax or estate complications, affect your eligibility for certain federal benefits, or present other life circumstances that make it less than ideal.

By executing a disclaimer, you can legally refuse to accept an inheritance, allowing the assets to pass to an alternate beneficiary. However, this process can be complex and requires careful planning to ensure contingent beneficiaries are properly named and deadlines are met.

Why Consider Declining an Inheritance?
1. Avoid Tax Complications: Accepting an inheritance might push you into a higher tax bracket or result in estate tax liabilities. A disclaimer can help redirect the assets to someone in a lower tax bracket, reducing the overall tax burden.
2. Maintain Eligibility for Benefits: If you receive federal benefits such as Medicaid or Supplemental Security Income (SSI), an inheritance might disqualify you from continuing to receive these benefits. Declining the inheritance can help preserve your eligibility.
3. Estate Planning Flexibility: Sometimes, it makes strategic sense to pass assets to another family member who might be in a better position to manage them or who needs them more.
For more detailed insight, download our free guide, “Planning for a Disclaimer in 5 Easy Steps.”


Whether you are the recipient of an inheritance or want to design a legacy plan for your own heirs, RFG Wealth Advisory’s team in Argyle, TX, is here to provide the latest guidance to help maximize control and minimize taxes. Give us a call or visit us online to schedule a time to discuss your questions.

At RFG Wealth Advisory, our fiduciary duty ensures your interests always come first, and we maintain a transparent fee structure for your peace of mind.
Don't wait until it's too late to secure your financial future. Let the RFG Blueprint Process be your guide to financial success. Call us today! 940-464-4104 or set a free 15-minute call to get your questions answered at RFGWealthAdvisory.com

If you found this article helpful, please forward it to someone who might also find it helpful. They will appreciate it.
Investment advice is offered through RFG Wealth Advisory, a Registered Investment Advisor.

07/25/2024

Designating a nonprofit organization or charity as a beneficiary of your estate is admirable. However, although their tax-exempt status makes IRAs ideal for charitable gifting, some complexities may arise during estate administration.
If naming other IRA beneficiaries (in addition to a charity), properly divide accounts for each intended heir to avoid potential traps. To maximize the amount gifted to your charity and other IRA beneficiaries, click here to learn how to avoid charitable IRA beneficiary mistakes.


Financial Success Doesn’t Happen by Chance.
Have more questions about your qualified retirement accounts or strategies for financial gifting?
Contact lead advisor Chris Robinson, ChFC, at our office, 940-464-4104, to schedule a time to discuss your current questions.
RFG Wealth Advisory in Argyle, Texas, is an independent, fee-only registered investment advisor firm that always puts our clients' interests first. We have a transparent, simple fee structure that’s easy to understand. Call us today!

Investment advice is offered through RFG Wealth Advisory, a Registered Investment Advisor.

07/24/2024

Summer is in full swing and school will start before we know it! When did summer get so short?

Even though it's been short our team has been busy having fun!

Join us here for some summer 2024 adventures!

Click the picture below to enjoy.

This newsletter is best viewed on a laptop, desktop, or iPad.

RFG Wealth Advisory News July '24 https://relayto.com/susan-dawson/rfg-wealth-advisory-news-july-24-66hcf8flelaxy