Advanced Tax Planning Strategies

with u in mind

Strategic CPA partnerships allow us to include tax planning in our custom financial plans. We help you to minimize the effect of taxes on your income in order to maximize your return on your investments.

Some people are surprised to find that they owe taxes in retirement. Some even pay taxes on Social Security! That’s why tax planning is imperative for the retiree. In order to help you, we have to take a look at what qualifies as “earned income,” and we have to take money out of your nest egg in a tax-advantaged manner.

When it comes to qualified money, like 401(k)s and traditional IRAs, RMDs (Required Minimum Distributions) come into play at age 70-1/2. You have to start taking money out of these accounts following strict guidelines, and that has tax implications. We have specific strategies that we use to help you take withdrawals while reducing tax liability.

To learn more about planning for taxes in 2019, download our free whitepaper here.