You've spent a lifetime saving for retirement, and now it's time to think about Roth conspending. However, it's crucial to consider 401k tax strategies and IRA withdrawal planning to ensure you can minimize taxes in retirement.
The 401k Tax Analyzer is a personalized service designed to help you implement effective 401k tax strategies to: Reduce taxes over your retirement lifetime — not just this year, Make informed decisions about IRA withdrawal planning, Roth conversions, and Social Security, and Avoid common (and costly) tax surprises like IRMAA Medicare surcharges. You'll receive a custom roadmap that shows how to draw down your 401k or IRA accounts in the smartest, most tax-efficient way possible to minimize taxes during retirement.
This deep-dive analysis helps you answer key questions like:
“We have here a great example of Reilly's Sixth Law of Tax Planning - Don't do the math in your head. At a very simple level Rothing is about paying tax at lower marginal rates. One of the problems though is that what your marginal rate turns out to be a non-trivial problem as the material on the analyzer indicates. There are the phase-in of the taxability of Social Security, the IRMAA fee for Medicare, the net investment income tax and the phase out of ACA credits to consider.” -Peter Reilly, Forbes
The 401k Tax Analyzer considers all of that and more. Read the full article here.
Our innovative approach to retirement tax planning recently caught national attention. Kathy Hayden, creator of the 401(k) Tax Analyzer, was featured in an International Business Times article by Kevin Harrington — the original “Shark” from Shark Tank — titled “Top 10 Entrepreneurs to Watch Closely.”
The article highlights entrepreneurs who are reshaping their industries through creativity, integrity, and innovation. Being recognized among this group is an honor and a reflection of the work we do every day to help clients and professionals build smarter, tax-efficient retirement strategies using the 401(k) Tax Analyzer. Read the full article here.