Tax Planning

<span style="font-weight: 400;" data-mce-style="font-weight: 400;">It’s never too early to start tax planning!</span>

It’s never too early to start tax planning!

If you want to pay the least amount of income tax each year, then it may be helpful to start doing some tax planning today.

What are the benefits of Tax-Advantaged Investments?

Tax-Deferral
Tax-Deferred Growth
Tax-Free Qualified Withdrawals
Tax-Deduction
Tax-Exempt

Taxes and Retirement Planning

Pre-Retirement 40s and 50s

Create a Plan
Best use of employer retirement plans
Roth IRA and Roth Conversions
Compounding Interest
Health Savings Accounts

Early Retirement – Early 60s

Create a distribution optimization strategy
Social Security
Health Insurance Options
Roth Conversions

Middle Retirement – Mid 60s through 73 when RMD’s start

Medicare Planning
Social Security
Tax Diversification

Later Retirement – After age 73

RMD’s – Required Minimum Distribution
Tax-efficient Charitable Planning
Step-up Basis Strategy
Widow’s Tax Penalty

Your Access to the IRS Website

Your Access to the IRS Website