The Power of Knowing How to Save Taxes

by | Hidden Wealth Reviews

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how to save tax

In this week’s Hidden Wealth Reviews, I teach about the power of knowing how to save taxes. I want to start by telling you about a client couple, Ed and Connie, from Texas.

Click Here to learn how Ed and Connie were able to reduce their retirement tax, earn more returns while taking less risk and how they eliminated their concerns about lowering their retirement lifestyle.

Ed and Connie wanted to have a strategy for saving taxes. They also wanted to enjoy retirement independence. Having tax independence provides huge peace of mind for many retirees.

Ed and Connie needed the earnings on their assets to help them maintain their retirement lifestyle. Worse yet, they had a fear of running out of money with higher taxes coming. Ed revealed that they were taking distributions from their account’s principle (plus the taxes they owe on each distribution), just to pay their bills. This is a concern, since people should plan for 20 or more years of retirement and the likelihood of higher taxes in the future.

They were also considering fixed annuities as a safe place for their retirement savings. I want to caution Baby Boomers and retirees about certain types of annuities. Since most people save money in tax-deferred accounts such as 401(k)s and IRAs, when they roll their savings over to an annuity, they lose to taxes, to typically lower returns and to the lack of cost of living increases for their future income. This is probably the quickest way to run out of money or be forced into a lower lifestyle.

We taught Ed and Connie how to earn four times more return while taking no downside market risk. This eliminated their concerns about having to lower their retirement lifestyle in order to make their money last. They also used a strategy I call the strategic Roth conversion. This unique solution uses a little-known tax deduction to eliminate the taxes due on their Roth conversion.

LEARN MORE ON HOW TO SAVE TAXES

With higher and higher national budget proposals and proposed disadvantageous changes to retirement account rules, Washington is stacking the retirement deck against us. Imagine, gaining retirement tax independence and never having to worry about running out of money in retirement.

In addition to protecting your IRAs from taxes, if you’re considering selling a highly appreciated asset such as a house or a business, beware. Capital gains taxes can devour a large portion of your equity, unless you have a sold tax savings plan in place to counter those taxes. Whether you’re trying to get to retirement or better through retirement, the time to gain retirement independence is now!

You’ve worked hard for your money. The time to gain the power of knowing how to save taxes is now. To learn how, register for this coming Tuesday’s Wealth Protection Webinar.

To register for Tuesday’s no-cost, no-obligation, log on and learn financial educational event, simply follow 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!

This misguided administration’s plans are targeting corporations with higher taxes, claiming this will result in taming inflation. The result will be weaker market returns and increased taxes on higher income earners and strong savers in 401ks and IRAs. These are the people who will benefit the most from our proven solutions. Solutions with a track record of measurable results.

Register for your preferred webinar time now because these events have proven to fill up fast.

Those who attend this event will receive a complimentary copy of my latest eBook:

The Baby Boomer Retirement Breakthrough-The Unfair Advantage to a Safe and Secure Retirement.

CHuck Oliver Retirement Breakthrough

Spouses and Significant Others are Encouraged to Attend This Event Together

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