Along with a new president comes new rules and laws. 2018 brought us a new tax law with mostly lower rates, but it is set to expire in 2025. What should you be thinking about now? In the video below, Josh discusses what retirees especially need to be thinking about now.
Before you make those New Year Resolutions, you may want to review your expenses and investments that can impact your tax return. Watch the video below to hear from Josh on what to think about before December 31st.
Many retirees may be able to reduce the taxes they pay on their social security income. Its usually not something that can happen quickly. But, over time, we can usually create a plan that decreases your social security income tax.
IRAs are one of many qualified accounts where your retirement income can sit. Do you know the tax implications of IRAs? Do you have a plan to minimize your tax payments on your IRA funds?
Fear of retiring is a very real thing that we see in our office all of the time. We reference “The 3 Pillars” which are Income Planning, Asset Allocation and Tax Planning to help you feel prepared for this next phase of your life. Listen to Josh discuss these 3 important topics in the video below.
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