How Retirement Planning Can Optimize Your Retirement Taxes (Ep. 16)

Lauren Smith |

One of the best tools you can use to achieve the retirement you want is a comprehensive retirement plan. 

This is especially true when it comes to making the most of your retirement tax picture.

In this episode, Jeff Green and Lauren Smith outline ways retirement planning can make all the difference when it comes to your taxes. They discuss retirement tax planning strategies and share ways you can update your retirement plan to optimize your financial future.

In this episode, you will learn:

  • Ways to take advantage of tax deferral opportunities 
  • How to decide when to take action with your Social Security
  • Why you should consider doing a Roth IRA conversion
  • How a cash flow analysis can help you with your retirement distribution strategy
  • And more!

Tune in today to learn how retirement planning can help you reduce your retirement taxes!

Resources: Green Financial Group: (713) 244-3030

 

Please Note: The information covered and posted represents the views and opinions of the guest and does not necessarily represent the views and opinions of green Financial Group or Raymond James. The content has been made available for informational and educational purposes only. The content is not intended to be a substitute for professional investing advice.

Always seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your investment planning you. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional. Unless certain criteria are met, Roth IRA owners must be 59½ or older and have held the IRA for five years before tax-free withdrawals are permitted. Additionally, each converted amount may be subject to its own five-year holding period. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to do a conversion.