Think You Don’t Qualify for a Roth? Think Again! 

Available for Interviews: Lauren Oschman

Lauren Oschman, CFP® is a certified financial planner specializing in financial strategies, tax planning, and is an expert in helping physicians manage their finances.

What Lauren Oschman can say in an interview on
Roth Retirement Accounts:

As a financial advisor, I’ve spoken with a number of investors recently who are not funding Roth accounts. When I ask why not, they say they were under the impression that they don’t qualify. As Roth gets more attention and we hear more talk of Biden tax increases, I want to make sure everyone knows that there are more ways to fund a Roth than they think, and one may work for them. 

You have access to a Roth through two channels. If you can’t do one, you may well be able to do the other—or you could be able to do both.

      1. Roth IRA
      2. Roth 401k

 1. A Roth IRA can only be directly contributed to if you make less than $140k (single) or $208k (married filing jointly). So many high-income earning households think they are boxed out. However there is no income limit on converting a traditional IRA to a Roth IRA, and anyone can fund a traditional IRA. So even if you make too high of an income you can still fund a Roth IRA through this conversion strategy. If your accountant or advisor has told you that you have a SEP IRA that boxes you out, there is a way around that, too—by rolling your SEP funds into an Individual 401k. So most investors I meet who think they are precluded from the Roth IRA can be included with some strategic maneuvering. An individual can contribute $6k/year.

 2. A Roth 401k may be available through your employer’s 401k plan. This means you make your 401k contribution after tax and it grows tax-free! If your employer has this option available to you, an individual can contribute up to $19.5k/year. If you are self-employed, you may be able to set up your own 401k with this Roth component.


Interview: Lauren Oschman

Lauren Oschman, CFP® is a financial advisor for some of the nation’s highest caliber physicians. She holds an economics degree from Vanderbilt University and completed her financial training at Emerson University. Along with these prestigious degrees, Oschman has over a decade of expertise in financial matters for high net worth individuals. 

Oschman delivers financial education programs to medical residents & fellows nationwide (Vanderbilt, Dartmouth, Rush, OrthoCarolina, and many others), has built a $1 million revenue financial planning business, and co-founded Vestia Personal Wealth Advisors, and is an expert in helping physicians attain their financial goals—and has a niche passion for working with high-caliber female surgeons, and volunteers as a CFP® WIN (Women’s Initiative) Advocate to raise awareness about the profession for young women.

Her decade-long experience as an accomplished financial advisor and executive has led to her being a sought-after speaker for financial workshops throughout Alabama, Georgia—and Tennessee, where she has happily resided with her husband and two young children.

Jo Allison
Managing Editor
Director of Public Relations
Success In Media, Inc.

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