Tax Planning

Taxes are an integral part of your financial life, and we can help you minimize them over your lifetime. We integrate tax planning with our services to help you minimize your lifetime tax burden.

Examples of tax planning include:

  • The decision of when to collect Social Security can often be a tax planning decision, as well as a cash management one
  • Annual required minimum distributions from IRAs and inherited IRAs are a tax event, not necessarily a cash flow necessity
  • Controlling medical costs and IRA distributions that pay for them so they occur in the same tax year, reducing the tax impact
  • Controlling distributions from 529 plans and college costs so they occur in the same year, avoiding an unnecessary tax event