Tax Independence!

In this week’s Hidden Wealth Reviews, I teach about something deeper than just the numbers – our freedom. As we celebrate our country’s independence, I’m reminded that independence is defined as, “the state of being free of the control of another person, country or entity.” Inflation is higher, deficit spending is growing to almost 1.5 trillion.  The interest on our debt is now exceeding one trillion dollars. These risks are positioning future taxes to go in only one direction!

But for many Americans, their retirement accounts are anything but free. Congress has now ambitiously pushed through new legislation, what’s been called “one big, beautiful bill.” We are excited about several things in the bill. However, very few people realize the impact to their tax future with the $5 trillion debt ceiling increase along with the projected $3.4 trillion debt that will be added over the next 10 years. If you’re a retiree, high-income W-2 earner, a business owner or someone who’s saved diligently in 401(k)s or IRAs, you need to know what this could mean for you, your retirement income and even your children’s inheritance.

Most people are unaware how quickly they could feel the impact of these changes and the timing importance of how future administrations could change the rules regarding tax rates and tax legislation. At TaxesSaved.com, we break it all down in plain language and real numbers. This site hosts our on-demand case study webinar that will open your eyes to the real risk of retirement taxation. For those who register for and attend the on-demand webinar, I will gift you The New Holistic Retirement, a short book that explains what’s changed for American savers and what you can do before it’s too late.

The window could be closing soon on tax strategies such as Roth conversions, which recent administrations have tried to propose legislative changes to restrict. These aren’t all new ideas, there are a few that are simply being recycled as new proposals. All of these proposals are meant to give the government more control over your money.

The reality of the situation was told to us by our clients Doug and Liz, “I’m haunted by the realization that the plan has backfired. Many of us who grew up on the 401(k) and IRA and are now paying more in taxes in retirement than we did during our highest-earning years.” They’re not alone. Just last week, an 83-year-old client told us he’s now paying twice the taxes he paid in his working years. Why? Because of the Required Minimum Distributions (RMDs) the government is forcing him to take out of his retirement accounts and the increasing cost of living.

Unfortunately, things are about to get worse. There are new proposals that are being discussed that would take us back to the pre-2010 rules where Roth conversions were restricted based on income (or whether you had earned income at all). If you fail to act now, you could lose your chance to take control of your tax future! You still have a window of opportunity, but now is the time to act; before Washington takes away the opportunity for you to do so.

Learn More About How You Can Have Tax Independence!

Here’s what you can do right now to protect yourself:

• Watch our short, on-demand 20-minute webinar to see real case studies, such as a couple who converted $1 million to a Roth IRA and then used tax deductions to completely wipe out the tax cost.
• See how high-income earners, retirees,  both W2 and the self-employed legally reduce their reported income and save hundreds of thousands of dollars in taxes.
• Learn how retirees—and their adult children—can stop the cycle of being taxed into future generations.

We’re now accepting a limited number of new tax savings clients this quarter. Our average client is saving nearly $200,000 in taxes on income, Roth converting IRAs or both. Take that important first step today!

Here’s how to request your free Saving Tax Optimization Plan (S.T.O.P.) Analysis:

1. Visit TaxesSaved.com – Watch the insightful, on-demand case study webinar.
2. Review the “Taxes Saved Case of the Week” Playlist – Scroll midway down the page and click the three-bar menu in the top right corner of the video.
3. Request your S.T.O.P. Analysis – Your personalized Saving Tax Optimization Plan.
4. Choose a Date and Time – Pick a time that works for you to speak with our team.
5. Show Up and Learn Your Tax Risk – We’ll walk you through step-by-step strategies to reduce taxes and protect your wealth.

The government is counting on your inaction. But don’t delay because they are getting really good at changing the rules. Go to TaxesSaved.com today. Get the book, watch the webinar, claim your S.T.O.P. Analysis and finally take back your financial freedom!

You’ve worked hard for your money. It’s time to make sure your money works hard for you, not the IRS. Visit TaxesSaved.com now and learn how to protect your retirement independence.

Note: We serve Baby Boomers and Retirees all over the Unites States. We have an efficient, supported process to meet online, as we 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