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We help Baby Boomers and retirees thrive in retirement. The key to thriving now is avoiding the aftershock of Covid-19. Don’t let Covid-19 derail your retirement.

This is important because the current recipe for retirement risk is taxes. The tax risk to your retirement has probably never been greater than it is right now. The Covid-19 aftershock is going to be taxes.

Save yourself money in 2020. Don’t let hindsight in 2020 be what costs you the most money, simply because of what you didn’t act on this year. You deserve better.

In a recent article entitled, “Pelosi’s Crazy $3 Trillion Coronavirus Spending Bill and Its Secret Purpose,” former House Speaker Newt Gingrich writes about some key points in this bill. 

Here are some of the more outrageous proposals in the House’s new spending bill:

  • Providing money to people who are in the country illegally,
  • Allowing illegal immigrants to work (when there are more than 36 million unemployed Americans),
  • Blocking voter identification laws,
  • Giving state and local governments, who already collect taxes from you, $1 trillion to cover tax shortfalls
  • Giving tax cuts to the richest Americans in “blue” states,
  • Imposing a host of other liberal fantasies on America.

Nancy Pelosi says, “Not acting is the most expensive course.” For once, we agree with the Speaker. Not acting right now is the most expensive thing you can do in regards saving money on your taxes.

The Speaker went on to say, “We must think big for the people, now.” I suspect that what she means are big taxes. What were you expecting?

But there are alternatives to simply paying higher taxes. Here’s an example of a client couple of ours. He’s a CPA who owns his own firm. Their focus is to protect his retirement from taxes and to leave a tax-efficient legacy.

We were able to prevent 85% of their Social Security from being taxed. We showed them how to protect themselves from a Medicare premium surcharge for higher income individuals. We also used a provision of the Tax Cuts and Jobs Act that, for those who qualify, provides a 100% tax deduction. This allowed him to do a Roth conversion with zero additional taxes out of their pocket.

They wanted to enhance their savings and their ability to have more time. They accomplished all that and prevented $42,000 a year in unnecessary taxes (at today’s tax rates). We created $7,000 a month in tax-free income and helped them avoid a number of retirement tax pitfalls. You can learn to do the same. Believe in better!

Two thousand and twenty is the year to protect yourself from the higher tax that’s coming for your money . Don’t let Covid-19 derail your retirement and don’t allow Nancy Pelosi’s wasted tax payer dollar initiatives tax you until you are blue. Let’s get to work!

Higher tax risk has never increased at a faster pace in our nations’s history. To learn how you can protect yourself from higher taxes, go to TaxesSaved.com and request a Saving Tax Optimization Plan (S.T.O.P.) analysis. When you request your S.T.O.P. Analysis you will receive my guide, Retirement and Your Taxes, How to Get the IRS Out of Your IRAs and Remove Uncle Sam from Your Children’s Inheritance. This guide covers the Tax Cuts and Jobs Act’s impact on you and your retirement as well as the effect of the SECURE Act on your children and grandchildren’s inheritance.

When requesting your S.T.O.P. Analysis, please be specific as to the exact day and time that you wish to be contacted. Please be sure to give your best telephone number where you can be reached on the specific day between 10:00 AM and 6:00 PM Eastern time. Please be specific and please don’t list “anytime” as your desired time to be reached.

Let me leave you with one final thought. Most people seem to be solely focused on market recovery. Few people are thinking of the need to plan for the coming losses from higher taxes. You’ve worked hard for your money, learn how you can avoid being blindsided by higher taxes.

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.

Charles 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