Individual Taxes

When you think about taxes, you might first think about your accountant. However, a financial advisor can also help you with your taxes. Here are the main ways financial advisors can make your taxes more efficient long after
April 15
th has passed.

Prepare for the Future

Financial planners can help you prepare for future events, such as estate planning,
receiving inheritances or trusts, making major charitable donations,
and retirement—
all while keeping taxes in mind.

Financial advisors can help you answer retirement tax questions such as:

  • How much tax will I have to pay on my 401(k) withdrawals? 
  • How do I maximize my Social Security benefits?
  • What is my tax strategy for taking required minimum distributions from my retirement plans? 
  • How much money can I take out of my retirement accounts each year without getting penalized? 

By working with a financial planner, you can make your money work for you by saving on taxes both now and through your retirement years.

Let Your Financial Advisor Help with Taxes

Your retirement funds, savings accounts, and mortgage have all taken years of consideration. Why hasn’t your tax strategy? Financial planners have the expertise to save you taxes on investments, help you avoid tax mistakes, and plan for long-term tax savings.