Strategic Tax Planning

"…anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes"
– Judge Learned Hand (9/17/ 2013)

For most individuals the 401(k) plan will become one of their most significant assets as they approach their retirement years. The work years represent the accumulation years for the plan where employee contributions along with employer matching and tax deferred asset growth are the primary goals.

As retirement approaches and you prepare for the distribution phase of your retirement assets decisions will be required regarding the disposition of your 401(k) plan. Some of those considerations may include the transfer of funds to a traditional IRA account. Possible conversion of existing IRA accounts to ROTH accounts.

The distribution phase requires not only continued asset management but the ongoing management of tax smart withdrawals.

Our integrated retirement system of investment management, income planning and strategic tax planning will be coordinated with your tax advisors to ensure the tax proficiency in your retirement plan and to make certain that all elements of your plan work together in the most tax efficient manner possible.