Quick Tips for Filing Your Taxes This Season

Tax season is fast approaching, so you may find yourself with some important tax questions. This article will cover some of the pitfalls of this process to make sure that you get the most out of your taxes this year. Don’t file too early! You may be eager to file your taxes to get your [...]

By |2023-02-27T04:16:48+00:00February 27th, 2023|Tax Planning, Taxes|0 Comments

3 Strikes to Avoid When Tax Planning

Taxes are among the most common concern for people in retirement. You might be wondering how to start thinking about your tax strategy so you aren’t taxed more than you need to be. These three mistakes can help start the conversation about what a comprehensive tax strategy might look like for you. Taking Too Much [...]

By |2022-08-29T02:52:26+00:00August 29th, 2022|Tax Planning, Taxes|0 Comments

Will You Have Tax-Advantaged Buckets in Retirement?

You’ll likely have several sources of income in retirement that can be taxed, such as IRA distributions and Social Security benefits. But, do you have any after-tax “buckets” that you can use strategically in retirement to help reduce your tax bill? There may be a few options available to you, so know how they work. [...]

By |2022-06-06T12:16:39+00:00June 6th, 2022|Retirement Income, Tax Planning|0 Comments

Three Unexpected Taxes in Retirement

When we think of major retirement expenses, we often consider housing, healthcare, and that trip of a lifetime we’ve been dreaming about for years. But, we often fail to consider what could potentially be our biggest expense – taxes. Many of your sources of income in retirement are taxable, so don’t overlook these three unexpected [...]

By |2022-05-10T12:57:01+00:00May 10th, 2022|Retirement Planning, Tax Planning|0 Comments

3 Important Tax Questions to Answer This Year

As we approach Tax Day, you may be gathering your important documents and preparing to file or file for an extension. Once you have everything sorted out, it’s important to consider how your tax situation could change as you near and enter retirement. Here are three important tax questions to answer this year. Why May [...]

By |2022-04-04T14:11:05+00:00April 4th, 2022|Tax Planning, Taxes|0 Comments

Estimating Your Tax Burden in Retirement

Taxes could be one of your biggest expenses in retirement. But once you have an estimate for your tax burden in retirement, you can consider ways to minimize it. The first step towards creating a tax minimization strategy in retirement is looking at how your different sources of income will be taxed. Pensions If you [...]

By |2022-03-28T13:44:38+00:00March 28th, 2022|Tax Planning|0 Comments

Three Birthday Milestones That Could Change Your Tax Situation

When we think of milestone birthdays, we often think of ones that are already behind us – like 18 and 30. But there are plenty of important birthdays ahead of you, especially as you near and enter retirement. Starting at age 50, several birthdays are critical to acknowledge because they can have implications for your [...]

By |2022-03-14T11:59:19+00:00March 14th, 2022|Tax Planning|0 Comments
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