Prepare for taxes in retirement!

So many Americans are simply just doing the same old same old thing - NOT doing our research properly but listening and DOING exactly what we are told or marketed to do with our retirement accounts. Maybe it's time to look at the TRUTH with that advise millions of Americans are NOT researching better to see if you do NOT wanna be stuck paying an absurd amount of taxes during your retirement - you BETTER CHANGE YOUR GAME!

When you withdraw funds from your 401(k)—or "take distributions," in IRS lingo—you begin to enjoy the income from this retirement mainstay and face its tax consequences. For most people, and with most 401(k)s, distributions are taxed as ordinary income. However, the tax burden you’ll incur varies by the type of account you have: traditional or Roth 401(k), and by how and when you withdraw funds from it.

To Properly Figure Out Your Taxes on a Traditional 401(k) Make Sure You Speak with a Licensed CPA or Tax Advisor - But Here are a Few Takeaways

Distributions from a regular, or traditional, 401(k) are fairly simple in their tax treatment. Your contributions to the plan were paid with?pre-tax dollars, meaning they were taken "off the top" of your gross salary, reducing your taxable earned income and, thus, the income taxes you paid at that time. Because of that deferral, taxes become due on the 401(k) funds once the distributions begin - Considering this means you are LIABLE to PAY takes as NORMAL income at that time!

• This leaves you vulnerable to the cost of FUTURE taxes we know not of now!
• You are vulnerable to the FUTURE market adjustments with ZERO protections!
• We are not even considering the 'inflation' factor!

The Bottom Line

Trying to manage, and minimizing, the tax burden of your 401(k) pre-tax income account and other similar variable accounts is almost impossible living in the volatile market conditions we live in today. There are so many different factors that play into the complexity of this problem BUT there are solutions that can protect you and act as a tax shield for retirement!

Look at the average Americans retirement account issues with market adjustments occur:

• On December 4, 2018 for example the S&P 500 fell -3.24%. Based on estimates from Monique Morrissey of the?Economic Policy Institute and the retirement savings for all Americans fell by $155 billion in ONE DAY!
• Market losses like in 2009-2009 saw 13++Million older workers LOOSE 20%-30% minimally per YEAR of their retirement funds! Estimating in 2008 alone those aged 30 to 50 years old had a median return of NEGATIVE -30%!
• These are basic issues of market adjustments that affect a retirement account each and every year with no guarantees or protections in place due to a 100% variable account.

You NEED to Consider a Tax Protection Plan for Retirement!

This is the question - This is my mission or shall I say CRUSADE!

You need and deserve the opportunity to hear ALL the FACTS - ALL the OPTIONS for you to protect yourself for retirement as you have been told but to live a 'tax-free retirement'!

My guarantee to you is that I will far exceed your expectations and I am the kind of person you want on your team. On your side of the field working to find the absolute best options for a tax-free retirement and cutting through ALL the red-tape normal organization create so you do not truly understand what your money is doing for you.

You have worked hard in your life for what you do so let me work hard for you to protect your future and what you have worked so diligently on saving so it isn't just swept away in a tide of taxes - market conditions or misjudgments.

Email my office at: [email protected]