Protect Yourself From The New Tax Threats

In this week’s Hidden Wealth Review, I teach about the difference between the “makers” and the “takers.” The contrast reminds me of House Bill 1587 which promises, among other things, free college, free paid-off student loans and Medicare for all. All of these “free” things will be paid for by you and your retirement account through what’s called the Financial Transaction Tax …

Learn How To Predictably Avoid The Gotchas

In this week’s Hidden Wealth Review, I teach about three common government “gotchas.” Required Minimum Distributions (RMDs). The money you saved into your 401(k) or IRA will trigger RMDs when you are 70.5-years old. This pushes you into a higher marginal tax bracket. As a result, you pay higher taxes on all of your income. Taxes on Social Security. When you’re forced …

When To Save On Taxes For Retirement?

In this week’s Hidden Wealth Review, I teach not to gamble your retirement on next year’s election. If a Democrat gets elected, you will face what I call The New Triple Retirement Tax Threats. Here are those three threats. Repeal of the Step-Up in Basis proposed by Former Vice President Joe Biden. If the step-up in basis is repealed then, when your …

Is Your Retirement Resilient To Taxation?

In this week’s Hidden Wealth Review, I teach how there’s never been a more important time to re-engineer your retirement. One of the most important moves is making your retirement resilient to taxation. There couldn’t be a more important time to do this than right now. After two decades as a Wealth Architect, I’ve learned that it’s difficult to plan confidently for …

Re-Engineer Retirement Advantage

In this week’s Hidden Wealth Review, I teach that the number one move you can make to best position yourself in retirement is to re-engineer your retirement. Your top initial move is to retire unnecessary tax! There has never been a better time for you to save the most amount of tax while you live and then pass on as little tax …