Tax Planning Strategies New!

Description

Imagine you’re about to make your 401k election for the year.  You see the options Roth versus Traditional…which one should you elect?  Suddenly you remember something about a backdoor Roth strategy…what’s that again? If this seems familiar or you’re somebody who’s always wanted to better understand how it all works, join us for a Tax Planning Strategies workshop where we’ll delve into tax strategies for both you and your loved ones.  We’ll give you specific strategies to consider for helping you and your family secure a better financial future.

Objectives:

Understand different types of taxes / impacts of each

Explore simple ways to reduce investment tax burden

Review when to utilize Traditional vs Roth

Better understand your Roth in-plan conversion option (The “Mega Backdoor” Roth)

Delve deeper into tax loss harvesting

Grasp when to use Roth Conversions in retirement

Define IRMAA and how it affects your retirement

Understand state specific tax advantages