Tax Efficient Review 1

The Cascade of Unexpected Tax Costs:

If you're not careful with your distribution strategy, those withdrawals can trigger a cascade of costly consequences:

• Higher Tax Brackets: Your withdrawals could bump you into a significantly higher tax bracket than anticipated.
• Taxation of Social Security: Increased income can cause a larger portion of your Social Security benefits to become taxable.
• Medicare Penalties (IRMAA): Higher adjusted gross income can lead to Income-Related Monthly Adjustment Amounts (IRMAA), increasing your Medicare Part B and D premiums.

That's precisely why we developed the Tax Efficiency Review. This is a personalized analysis designed to help you uncover:

• Your true tax liability: How much tax you're really on the hook for.
• RMD projections: What your Required Minimum Distributions (RMDs) are going to look like and how they'll impact your taxes.
• Roth conversion opportunities: Whether a Roth conversion makes sense for you now, especially before tax rates potentially rise.
• Hidden Blind Spots: How to avoid common pitfalls that cost retirees thousands of dollars in unnecessary taxes.

With the expiration of the Tax Cuts and Jobs Act looming, tax rates are likely to increase. Now is the crucial time to act and proactively plan your tax strategy. Don't let taxes take more than their fair share of your hard-earned retirement savings.