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Our clients have shared that I’m one of the few people that they enjoy talking to about taxes. The reason I like talking about taxes is that I enjoy teaching people how much less tax they have to pay. Why most people hate talking about taxes is that the usual conversation is about the agony of how much they owe. Nancy Pelosi is back at it and she has proposed another $3 trillion of taxpayer funded bailout stimulus. Her agenda just made higher taxes that much more of a risk to retirement!
We now know for sure there will not be a better year to save tax on your retirement money then 2020. Many people have realized how much tax they can save by reviewing my guide, Retirement and Your Taxes, How to Get the IRS Out of Your IRAs and Remove Uncle Sam from Your Children’s Inheritance. I want to gift you a copy of this guide. Simply request a Saving Tax Optimization Plan (S.T.O.P.) Analysis and learn the tax risk that your retirement is facing. Then learn how to legally, ethically and morally remove taxes to protect your retirement and your family’s future inheritance.
A great example of how we teach people to save taxes is Bill and Barbara from Jacksonville, Florida. They shared that what interested them about The Hidden Wealth solution is the S.T.O.P. Analysis and its retirement tax protection creativity. They felt that the other advisors they had worked with were basically gambling with their retirement, especially when it came to taxes. None of them even bothered to address the topic.
Bill and Barbara explained that the opportunity to create accounts that grow without tax, allow you to receive income without tax and that don’t affect your Social Security or Medicare have created huge savings for them. This savings translates into additional retirement income money to live more and leave more. These are proven, reliable strategies with a track record of measurable results; common sense solutions where you’re in control.
By using provisions in the Tax Cuts and Jobs Act, Bill and Barbara have eliminated their Required Minimum Distributions (RMDs) and they have safeguarded their children and grandchildren’s inheritance from the IRS. By using the solutions we taught them, they are now enjoying an extra $20,000 a year in additional retirement income.
The Tax Cuts and Jobs Act will only be with us as long as Donald Trump is in office. We are in for a very contentious election later this year. Because of the fallout from the coronavirus, the possibility of Trump not being reelected is very real. Whenever Donald Trump leaves office, the Tax Cuts and Jobs Act will go with him. That’s why saving tax on your money in 2020 is so important.
Bill and Barbara used a section of the Tax Cuts and Jobs Act that, for those who qualify, provides a 100% tax deduction. They used this deduction to pay for the taxable distribution they created when they converted their traditional IRA to a Roth IRA. This was in addition to them setting up retirement savings vehicles that are 100% tax-free! That’s tax-free growth, tax-free use and tax-free when they pass and leave the money to their children and grandchildren. By using the solutions we taught them, everyone benefits.
Saving all this tax has allowed them to travel more. They feel as if they are traveling on Uncle Sam’s dime. It’s especially satisfying whenever you can take otherwise payable taxes and put those dollars back into your pocket for your own benefit.
To learn the tax risk road you are traveling and how to reroute around unnecessary taxes, go right now to TaxesSaved.com and request a S.T.O.P. Analysis. But you must hurry, the second half of the year is going to fly by as, hopefully we all get busy returning to work and other normal activities.
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.
When you request a S.T.O.P. Analysis, you will receive my newly released 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 Cut 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.
Let me leave you with one final thought, if you’ve saved your retirement money in IRAs or 401(k)s, you’ve created a ticking tax time bomb that just got bigger with the coronavirus stimulus that is now looking to add another $3 trillion to the eventual $6 trillion (plus) government tax tally. Learn how to defuse this bomb with little to no tax. If you live in a state that has a state income tax, you’re looking at a double tax whammy as states seek to make up for tax shortfalls resulting from the coronavirus pandemic.
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
REQUEST YOUR S.T.O.P ANALYSIS!
Request your Saving Tax Optimization Plan (S.T.O.P) Analysis & receive our time sensitive, easy to read, 2020 Retirement & Your Taxes Guide.
