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Taxes Will Be in 2023
In this week’s Hidden Wealth Reviews, I teach why it’s important for Baby Boomers and retirees to know where their taxes will be in 2023. The impact of taxes on retirement is the one thing that we can control. Right now, there are a lot of things that are out of our control:
- The housing market is in decline for the first time in a decade
- Stock market accounts are down an average of 25%
- The threat of nuclear war
The way to counteract this is to control the things we can control. This coming Tuesday, at my Wealth Protection Webinar, I want to teach you what you can do to protect yourself. The key is to get through 2022 and then know where your taxes will be in 2023.
Click Here to discover why knowing where your taxes will be is essential to superior retirement planning.
I’m reminded of a recent case that demonstrates why knowing where your taxes will be in the future is important. We met a couple, both aged 65, who took approximately $112,000 from their traditional IRA. At today’s tax rates, they owe around $9,700 to the federal government.
When the Tax Cut and Jobs Act expires in 2026, tax rates will revert back to where they were in 2017. For this couple, the tax rates jump almost 50% and they would owe nearly $14,000 in federal taxes.
This is why it’s important to learn where you will be in regard to taxes in 2023. It’s never too early and it’s never too late to get a head start on being tax smart.
Taxes can significantly impact your retirement plans. However, if you properly plan ahead and take advantage of the available tax benefits, you can minimize the impact that taxes will have your finances in retirement. Understanding the applicable tax laws and taking advantage of available deductions will help maximize the money available for retirement savings.
LEARN MORE ABOUT WHERE YOUR TAXES WILL BE IN 2023
If you don’t get the taxes right, everything else about your retirement planning will be inferior. In addition to protecting yourself against taxes, you also need to protect yourself against market crashes. Many stock market watchers are predicting a 25% drop in the market’s value. At Tuesday’s Wealth Protection Webinar, I will be teaching how to protect yourself against both.
Many of you are in the 22% to 37% marginal tax brackets. You can control 22% to 37%, but only if you learn what I will be teaching on Tuesday. You achieve control by employing indexing and the tax-free retirement strategies I’ll be teaching.
You’ve worked hard for your money. Learn where you can be on your taxes in 2023.
To register for Tuesday’s no-cost, no-obligation event, simply follow these four simple steps:
- Go to www.RetirementProtected.com (or scroll down to the form below).
- Select the webinar date/time you prefer.
- Enter your information thoroughly – make sure to double check your email address.
- 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!
Strong savers in 401(k)s and IRAs and high income earner are the people who will benefit the most from our proven solutions. Proven solutions with a track record of measurable results. Imagine less stress, less worry. Peace of mind retirement protection.
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.
Spouses and Significant Others are Encouraged to Attend This Event Together
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!