Where is Your Money Taking You?
Learn how to make your money work for you. Discover tips and insights for smarter financial decisions that lead to a secure and happy retirement. Start planning for the retirement of your dreams!
Posts — Category: Tax Planning
Claiming Social Security at the Right Time: Balancing Taxes and Benefits
Benjamin Franklin said that there are only two things in life that are certain: death and taxes. How right he was. Just because you’re ready to enjoy the fruits of
Nov, 01 2023
The Ultimate Tax Planning Checklist for a Tax-Efficient Retirement
Do you want to optimize your retirement savings and enjoy tax-free golden years? Look no further than our all-inclusive “Retirement Ready Checklist”. Let’s share some insights with you on how
Oct, 25 2023
Tax Havens for Retirees: Discovering the Most Wallet-Friendly States
Retirement is a critical period in life, and making the most of your retirement income can be easier when living in one of the top tax-friendly states. Come and explore
Oct, 19 2023
Plan Ahead: How the 2017 Tax Law Impacts Retirees and Near-Retirees
The tax-overhaul law signed by President Trump in 2017 brought significant changes, including lower individual income-tax rates, a higher standard deduction, and a raised estate-tax exemption. However, many of these
Oct, 12 2023
Don't miss out on our retirement planning insights
Navigating the Complexities of Taxes in Retirement
In the previous Tax Report, we explored a recent legislation that mandates the increasedutilization of Roth 401(k) plans among individuals who are older and earn higher incomes. Thisdiscussion sparked a
Sep, 07 2023
Catch-Up Contributions in IRAs: An Opportunity for Seniors to Boost Retirement Saving
As the golden years approach, are you confident that your retirement savings will be enough to live comfortably and maintain your lifestyle? If not, catch-up contributions in retirement plans might
Jul, 24 2023
How to Minimize Your Tax Liability in Retirement and Spend on What Matters
Finally! Retirement time is almost here. It is a time to relax and enjoy the fruits of your labor, but… wait. Taxes. Yes, you know that they can take a
Jul, 14 2023
Big Changes To This Year’s Tax Season
This week marks the start of tax season – a time to leave behind difficult times and get into gear with an improved IRS customer service and a smoother filing
Jan, 25 2023