We help Baby Boomer and retirees Thrive in Retirement. We just introduced our Retirement and Your Taxes Guide. One couple learned how to save over $1.2 million of IRA tax on the $400,00 in their IRAs! A number of people responded that, until they read our guide, they didn’t realize the SECURE Act’s impact on IRA Required Minimum Distributions (RMDs) and non-spouse inherited IRAs. There were quite a number of people who took advantage of the opportunity to request their Saving Tax Optimization Plan (S.T.O.P) analysis.
We share the frustrations of Baby Boomers and retirees with retirement planning and seeing the impact of unnecessary taxes. One recent retiree shared, “We’re not just concerned with the level of taxes today, we’re also alert to the risk of the future toxic tax rates that are being discussed.” If a Democrat is elected this year (or in the future), taxes are going to rise dramatically to pay for all of the promised “free” stuff from Washington. Those who have worked hard and saved hard are going to be paying the majority of the invoice by being taxed the hardest.
Many of us hope and believe that Donald Trump will be re-elected. As good of a negotiator as President Trump maybe be, his tax cuts and incentives will expire soon. If Trump loses the election that’s just around the corner, then we only have 2020 to learn how to save the maximum amount of money.
There are certain provisions in the tax code that enable people to take advantage of tax deferral and tax savings. The IRS has changed the rules of retirement in the middle of the game. Regardless of whether you’re already retired or you are planning to retire, learn the tax-savings options that are available to you before they are gone for good!
The recent retirement rule change has me really frustrated and concerned for the number of people who have saved almost all their money in an IRA, intending to leave it to their children as an inheritance. Now, the new, 10 year, forced liquidation rule has made Uncle Sam their biggest beneficiary!
One client told me that it’s all about understanding the retirement road on which you’re traveling. He explained that getting advice on the better retirement road you should be on is critical.
A client from Phoenix explained that, until he met us, no one had ever talked to him about moving money to preserve and protect it from taxes. No one had ever shown him how to avoid paying unnecessary taxes and no one had ever shared how to get his money into a position where it’s tax-free.
Taxes are the biggest threat for those who’ve saved at least $200,000 towards retirement and are between the ages of 55 and 75. The ideal time to learn how save taxes is 2020.
Protect yourself from unnecessary taxes and learn how to get the IRS out of your IRAs! If you have saved $200,000 or more in IRAs, go to TaxesSaved.com, request your S.T.O.P. analysis and get our Retirement and Your Taxes Guide. Don’t worry, there are no high pressure tactics or wasting your time with Wall Street’s same worn out “hope for the best” message.
You’ve worked hard for your money. Imagine, one client just learned this last week how they can transfer an extra $3 million from their IRA to their two sons. Many people in retirement have learned how to increase their income by $1,500 a month or more by simply avoiding a number unnecessary taxes. Save more of your money in 2020! Request your S.T.O.P. analysis and you’ll receive our Retirement and Your Taxes Guide, How to Protect Your IRA from the IRS.
Remove the worry of reducing your retirement lifestyle or not being able to reach your preferred retirement. Eliminate the threat to your children’s inheritance of your IRA. Learn how you can thrive in retirement. Live more and leave more!
We are excited to announce our latest press release. Great things are happening at The Hidden Wealth Solution! To read the full release, please click here.
Here’s to your hidden wealth,
Chuck Oliver
Best-Selling Author