Tax Planning

We consistently see individuals overlook opportunities to lower their tax-bill in the present and future. We also regularly see retirees getting caught in common tax traps as they begin the process of spending down their retirement savings. A good retirement plan is forward looking from a tax perspective.

Our tax planning services seek to minimize your tax bill in retirement via:

  • Regular reviews of your tax return
  • Assessing opportunities to convert pre-tax savings to after-tax accounts (Roth IRAs)
  • Assessing opportunities to take capital gains in the 0% tax bracket
  • Coordinating the timing of income streams around the lowest tax-brackets
  • Charitable giving strategies (bunch donations and donor advised funds)
  • Watching out for unintended taxation of Social Security and increased Medicare premiums.

We’re also constantly watching for changes in tax-law so we can adjust our recommendations accordingly.

Click here to get your complementary retirement assessment