Are you currently retired or planning for your upcoming retirement? One of the biggest changes in your life as you enter retirement is your finances. The paycheck you have become accustomed to receiving is no longer coming in. Instead, it is now up to you to decide from which accounts you will take income.
Planning with current tax laws along with the view of proposed changes has become a daunting task. From changes in capital gains tax rates to the elimination of the step up in basis at death, you need to be aware of how current and proposed tax laws could affect your personal situation.
Coordinating your estate and tax planning, retirement income, asset protection, and investment strategies can have a dramatic impact on your financial future. Our firm has come up with powerful strategies to legally avoid and reduce your taxes to keep more of what’s yours for you and your beneficiaries by paying less to the government.
It’s hard to say when the proposed laws will be passed and become effective – don’t let this window of opportunity close without taking the steps to understand how you may be affected and to proactively protect your hard-earned assets and income.
Join us for one of our upcoming tax planning classes, where we’ll discuss the impact of retirement and tax law proposals on your personal financial plan.
