Get a Head Start on Being Retirement Tax Smart

by | Hidden Wealth Reviews

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retirement tax

In this week’s Hidden Wealth Reviews imagine, no taxes in retirement! Learn what you can do to eliminate retirement taxes. It’s never too early and it’s never too late to get a head start to be sure that you’re being retirement tax smart.

We’ve gotten some concerning feedback from a number of Baby Boomers and retirees from all over the country regarding their own retirement taxes. That’s because many of them are witnessing what taxes are doing to their parents’ retirement. That’s because they are exposed to what the government refers to as Required Minimum Distributions (RMDs). For Baby Boomers and retirees, RMD really means Retirement Mass Destruction! RMDs absolutely ruin people’s retirement.

Click Here to learn how our clients, Bob and Cindy, were able to save their retirement from higher taxes and how they eliminated RMDs using our unique solutions.

Bob and Cindy are from Colorado and both are approaching the age of 72, when they will be forced to take their RMDs. Their projected RMDs will be in the range of $50,000 to $60,000 a year! Ironically, they do not even need this income.

Regardless of their need, the government is going to force them to take this money out of their accounts and then force them to pay taxes on that money. These required distributions will then trigger other taxes such as tax on up to 85% of their Social Security income and increased Medicare premiums. Just these added areas of taxation often equate to a loss of $1,000 to $2,000 per month.

I want to teach you what Bob and Cindy learned to do to protect themselves. To discover how Bob and Cindy were able to avoid unnecessary taxes in retirement, register for and attend this coming Tuesday’s Wealth Protection Webinar.

As an example, Bob and Cindy learned one strategy that uses a little-known tax deduction which allows you to offset the taxes due on converting traditional IRAs to Roth IRAs. Timed and strategized correctly, this solution can provide you with an up to dollar-for-dollar tax offset. But you must hurry to learn and implement this strategy! Changes in the tax code will lower the amount of this deduction after this year.

Bob and Cindy also used a strategy known as the Roth alternative or the rich man’s Roth. This gives them both tax and asset protection. This unique solution uses indexing so that they enjoy only upside market gains without downside losses. Their money now grows inside of a tax-free savings vehicle and any amount they desire to draw is also tax-free.

Another advantage of this strategy is that it protects Bob and Cindy’s children from inheriting a tax burden. We met with another client this past week who inherited a large IRA from his father. This IRA is forcing Bill into a higher tax bracket.

LEARN HOW TO GET HEAD START ON BEING RETIREMENT TAX SMART

The bottom line is that taxes cause serious retirement problems. Learn to use taxes to your advantage, don’t let taxes take advantage of you. Learn what you can do to be a low tax or a no tax retiree. Don’t let taxes devour 25% to 33% of what you’ve worked hard to earn! Learn how to eliminate unnecessary taxes in retirement by registering for this coming Tuesday’s Wealth Protection Webinar. Let’s get to work!

To register for Tuesday’s no-cost, no-obligation, log on and learn financial educational event, simply follow these four simple steps:

  1. Go to www.RetirementProtected.com (or scroll down to the form below).
  2. Select the webinar date/time you prefer.
  3. Enter your information thoroughly – make sure to double check your email address.
  4. Click “Reserve My Spot!” to submit, that’s it!

Once you’ve registered, you’ll receive an email containing a personal access link to join Tuesday’s event. Don’t forget to add it to your calendar!

This misguided administration’s plans are targeting corporations with higher taxes, claiming this will result in taming inflation. The result will be weaker market returns and increased taxes on higher income earners and strong savers in 401ks and IRAs. These are the people who will benefit the most from our proven solutions. Solutions with a track record of measurable results.

Register for your preferred webinar time now because these events have proven to fill up fast.

Those who attend this event will receive a complimentary copy of my latest eBook:

The Baby Boomer Retirement Breakthrough-The Unfair Advantage to a Safe and Secure Retirement.

CHuck Oliver Retirement Breakthrough

Spouses and Significant Others are Encouraged to Attend This Event Together

Note: We serve Boomers and Retirees all over the Unites States. We have an efficient, supported process to meet online, as have been doing for over 20 years. Our online meetings are private, the access is restricted and we never share our meeting link with anyone who’s not a part of the meeting.

Chuck Oliver
Wealth Strategist | Best-Selling Author
We help Baby Boomers and Retirees thrive in retirement through a clear retirement road map that provides market correction and tax protection to optimize income and assets!
www.TheHiddenWealthSolution.com