The financial success of your retirement depends, in significant part, on how much you have saved. But it also depends on how much you keep. We can develop retirement tax strategies that may help you keep more by addressing income taxes, capital gains taxes, Net Investment Income Taxes, and Medicare surcharges. We also develop plans that may allow your beneficiaries to keep more of what you leave to them on an after-tax basis.

Greg holds the Tax Planning Certified Professional (TPCP ™) designation, conferred by The American College of Financial Services, an industry-recognized mark of excellence that demonstrates a financial advisor’s breadth and depth of knowledge in the area of tax planning. Greg pursued this designation to enhance his ability to address complex tax situations, goal-oriented tax planning solutions, key tax implications of various investment vehicles, retirement and investment strategies, and optimizing tax advantages in a variety of financial situations, including estate planning, planning for individuals with special needs, investment planning, and more.

Greg further helps his clients understand the tax implications of various investment vehicles, such as Health Savings Accounts (HSAs) and 529 plans, and develops retirement and investment strategies around Roth conversions, IRC Section 1031 exchanges, and strategies for minimizing state and federal taxes
for high-net-worth individuals and business owners.

You have saved and accumulated wealth. You have worked hard to preserve that wealth. But when you begin withdrawing and using your savings, taxes can take a big bite. Income taxes, capital gains taxes, net investment income tax, and surcharges on Medicare Parts B & D can all reduce what you ultimately have to spend and/or pass on to your loved ones. Developing a comprehensive tax strategy before and during the withdrawal phase of retirement can help you keep more of what you have saved.

Conventional wisdom tells investors to withdrawal from taxable accounts until they are depleted, then tax deferred until they are depleted, and then finally from tax-free accounts. But the tax code is complex, and research shows that conventional wisdom is often not the optimal strategy at all. Instead of relying on a “one size fits all” approach, we create customized withdrawal strategies for our clients that are designed to help reduce taxes and Medicare premiums and help them avoid getting caught in common tax traps (please click here is you would like to read more about 5 tax traps).

We address these tax issues through personalized tax planning. Our process creates thousands of different hypothetical scenarios allowing me to filter the results based upon those that are projected to generate the lowest taxes with the goal of maximizing the value of your portfolio. This process creates a clear road map for actions we can take before retirement that may lower your tax burden once you retire. This road map shows us how much money to withdraw from each account in each year. In many cases, the potential for tax savings is significant.