The Four Tax Torpedoes

In this week’s Hidden Wealth Review, I teach how you can retire your tax. I explain about the four tax torpedoes that are impacting people who have worked hard, saved hard and are unfortunately, being taxed hard. I want to teach you how you can avoid these tax torpedoes!

We recently met with a retired couple. He is in his early eighties and she is in her mid-seventies. They worked very hard for most of their lives and they been retired for several years. The Required Minimum Distributions (RMDs) from their IRAs have pushed them into a higher income tax bracket. This triggered a tax on their Social Security income and increased their Medicare Parts B & D premiums. In addition, they had an inefficient brokerage account that exposed another $30,000 to taxes. In fact, they pay more in tax than what this account actually makes for them!

The point is that it’s not just your IRAs that can be the tax trap, it’s the non-IRA accounts, as well. The effect of all of these unnecessary taxes (in one form or another) is that they were losing over $24,000 in income a year to unnecessary government taxes!

By simply eliminating their RMDs, these clients went from being the perfect taxpayers to being tax-free retirees! The tax-savings window is now open. What is your tax-savings plan for 2019? If you don’t “fill the window” before the end of 2018, you can’t save the tax for 2019. Plan now to take advantage of the tax-savings window before it completely closes.

This coming Tuesday, I’ll be teaching an introduction on how to become a tax-free retiree in my Wealth Protection Webinar. This no-cost, no-obligation educational event will teach you how you can retire the tax and enjoy tax-free retirement income. You’ve worked hard for your money, let us teach you how to keep more for yourself. 

To register, go to www.RetirementProtected.com, 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.

I encourage you to register now because these events fill quickly. Just for registering and attending, I will gift you an e-copy of my latest book, The Baby Boomer Retirement Breakthrough-The Unfair Advantage to a Safe and Secure Retirement.

NOTE: This is a log-on and learn webinar, not a live workshop. You will need a laptop or PC to join. It is strongly suggested that you NOT use an iPad or hand held device for this event. Our proven retirement and financial solutions are best for; people positioning themselves for retirement or who want to navigate better to or through their retirement. People who have saved $200,000 or more for retirement. People who are wanting to determine if they are maximizing and optimizing their retirement planning. Boomers who want to pay the least amount of taxes on income, reduce or eliminate tax on their Social Security and create a sustainable, increasing, lifetime income for both spouses.

-Spouses are encouraged to attend this event together-

www.RetirementProtected.com

Or Call

(855) No Tax 2 U


(855) 668-2928

Here’s to your Hidden Wealth,

Chuck Oliver
Best-Selling Author

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