April 1st is RMD Fools Day!

In this week’s Hidden Wealth Reviews I teach that, if you want to reduce your taxes, the time to address taxes is right now because taxes are headed up in a hurry! If you have a Required Minimum Distribution (RMD) and you pushed your first RMD into the next year, you must take your delayed RMD by April first or else pay a 25% penalty! I call this April Fools RMD Day because the government has suckered new RMD recipients into taking two RMDs in one year, which gives the government the ability to collect more tax from them!

An article by Morningstar warns that, following a banner year in the stock market, investors subject to higher RMDs could be in for a nasty tax surprise. Many people don’t realize your RMD amount is based on last year’s ending balance. Because the stock market did well last year, you may have a larger RMD than you were expecting. Unfortunately, you can’t change that amount.

Don’t get caught in this retirement tax trap. Learn how to protect yourself by registering for and attending this coming Tuesday’s Tax Protecting Your Retirement webinar. At this event, I will teach you how you can insulate your retirement savings from this runaway inflation.

Don’t believe the rhetoric that inflation is only at 3%. The facts show otherwise. A Five Guys bacon cheeseburger, with small fries and a drink, now costs an astounding $22.00! With inflation, everyone’s taxes increase, whether you make over $400,000 a year or not.

The Biden administration’s proposed budget amounts to $7.23 trillion and it’s loaded with over $4 trillion in higher taxes. For instance, the capital gains tax rate would increase up to 44.6%! If you have real estate or a business you’re considering selling, you need to learn how to protect yourself from higher taxes and ever increasing inflation.

Learn How To Protect Yourself from RMD Day

Taxes are heading up in a hurry and, if you really want to save taxes, go to RetirementProtected.com and learn how you can become retirement ready. Don’t fall victim to April Fools RMD Day!

Protect your retirement and your family’s inheritance. At Tuesday’s webinar, I will be teaching two strategies (and more) that will eliminate unnecessary taxes, keep you ahead of inflation and get rid of market deterioration.

With the tax sale coming to an end, now is the time to be sure that you are retirement ready. First, go to RetirementTaxCalculator.com and learn, in 30 seconds, how much tax exposure you have. Then, register for Tuesday’s no-cost, no-obligation financial educational event by following 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!

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.

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