Retirement Planning

Planning for retirement is more than just saving and growing assets to be used through retirement. A plan must include a tax-smart strategy to distribute these assets to provide income.

In order to replace the paycheck you will no longer be receiving in retirement, we will:

  • Analyze your current cashflow to determine future needs to allow for a confident retirement
  • Analyze and make recommendations to maximize your social security and pension benefits
  • Create a distribution strategy for IRAs and employer retirement plans such as 401(k), 403(b), and 457 plans
  • Analyze the option of a Roth IRA conversion

Traditional IRA account owners have considerations to make before performing a Roth IRA conversion. These primarily include income tax consequences on the converted amount in the year of conversion, withdrawal limitations from a Roth IRA, and income limitations for future contributions to a Roth IRA. In addition, if you are required to take a required minimum distribution (RMD) in the year you convert, you must do so before converting to a Roth IRA.

Have a Question?

Thank you!