What is the best tax strategy for retirement?
In today’s video, we will share our Top 5 Strategies for getting the most out of your taxes in retirement and who these strategies are best for.
Tag: Tax Planning
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Can I retire next year? Solve for this 1 thing FIRST to help know if you’re ready to retire!
More and more people are ready to retire so it’s not uncommon for someone to ask us if they can retire next year. That’s not an easy question to answer on the surface, but if you’re able to solve for this one thing first, it will help you know if you’re ready to retire.
Do You Pay Tax On An Inheritance?
Are you expecting an inheritance, or planning to pass down assets to your loved ones? It’s crucial to understand the potential tax implications that come with it. In this episode, we’re diving deep into the world of inheritance taxes.
Should I contribute to my 401k or Roth 401k in my 60s?
In this video, we will discuss whether it’s better to contribute to a traditional 401k or a Roth 401k when you’re in your 60s by talking about the factors you need to consider.
Will my taxes be higher or lower in retirement?
In this video, we’ll help you get a better idea of how you can determine whether your taxes will be higher or lower in retirement. We’ll also tell you why paying attention to these savings contributions now could potentially help you save thousands of dollars later on.
How to get more tax-free money and income for retirement
Without that steady income stream from work, people most commonly rely on their investments. Depending on where you’ve been saving, your money will likely come out of an IRA or a 401(k) and those withdraws will be subject to tax. Based on the amount of debt our country is facing right now, where do you think taxes are going in the future?
Does it make sense to convert my 401k & IRA to a Roth IRA while still working?
The decisions you make today could potentially save or cost you hundreds or thousands of dollars in retirement and a Roth conversion is one of those strategies that could have a significant impact.
Retirement Withdrawal Strategy – Which Account to Pull From First
Which account should you take your money from first when you retire? That’s a question we get all the time when meeting with new people, and depending on what you do, it could either save you or cost you thousands of dollars in retirement income in taxes.
5 Things To Do When Retiring Within 5 Years!
You’re coming down the final stretch and retirement is quickly approaching. What you do over the next few years could make or break your retirement. Without taking the necessary action to secure your financial future, it could be the difference between enjoying your retirement or having to cut your lifestyle.
What Should I Do With My 401k When I Retire?
You’ve been saving into your 401k throughout your working years and now the time has come to retire. This 401k account will likely be your most valuable asset and you’ll soon be cutting checks out of that 401k to create income.