In this week’s Hidden Wealth Review, I teach about an article I recently read. The article said that if you aren’t careful about planning your taxes ahead of retirement, you could become entangled by taxes that will threaten your retirement.
I’ve been talking a lot about the importance of how you can legally eliminate unnecessary tax on your retirement accounts such as 401(k)s and IRAs. To do this, you must take a proactive position towards retirement tax planning.
Fifty years ago, someone’s biggest retirement asset was likely their home. Today, we can get immediate tax relief by saving money into tax-deferred accounts such as 401(k)s or IRAs. This is a false positive, however. We feel as though we’re saving tax but the reality is that we’re only deferring tax. We’re also deferring the tax calculation on our savings. This delay can be disastrous.
Let me ask you a question, how high do you feel tax rates will go? According to the Congressional Budget Office, the federal government needs to get to a 60% tax rate level. Imagine, the first 60 cents of each of your retirement dollars going to tax! Learn how our clients pay zero tax on their income for retirement.
I have met with many people who have shared that they really need to know about the tax road on which they are traveling. They want to know the full impact of taxes on their retirement. Those who have taken advantage of our Hidden Wealth Solution Tax Savings Plan understand that taxes reduce your spendable income by the amount of your tax rate. By eliminating unnecessary taxes, you can enjoy 20% to 25% more spendable income in retirement!
We have a track record of measurable results that shows how our clients legally, ethically and morally eliminate unnecessary taxes on their former 401(k)s, 403(b)s and IRAs. This gives them peace-of-mind, knowing that they don’t have to pay tax on the growth, distribution and ultimately, the transfer of their retirement savings. In this way, their children and grand children receive an inheritance, not a tax bill.
Learn how to un-tax your retirement. I want to teach you, in just about an hour, how to become a tax-free retiree. This coming Tuesday, I’m teaching my Tax-Free Retirement Webinar. Register for this no-cost, no-obligation educational at our registration website: www.RetirementProtected.com. Simply enter the required information and submit your registration. Once you’ve registered, you’ll receive an email containing a personal link to join Tuesday’s event.
Spouses are encouraged to attend this event together.
When you register and attend the webinar, you’ll receive an e-copy of my latest book, The Baby Boomer Retirement Breakthrough. This book teaches you the top five retirement risks and the unique solutions you can use to avoid them.
(855) No Tax 2 U
Here’s to your Hidden Wealth,