Taxes Under The New Presidential Administration and Your Retirement with Patrick Min, CPA

Published on: May 13, 2021

A new Presidential Administration tends to shake things up, including making changes to tax policies, which could have a huge impact on your retirement. Without a defensive tax strategy, your 401K, Social Security Benefits, and Investment Income could ALL get clobbered by taxes when you retire- leaving you a fraction of your retirement nest-egg.

In this episode, we will cover the countless ways you could trigger higher taxes in retirement, including:

  • Withdrawing money from our IRA ad 401K
  • Filing for Social Security
  • Taking your Required Minimum Distributions (RMD’s)
  • Managing stock dividends, and other investment income.

Host Ben Christy interviews Patrick Min, CPA, and founder of Beacon Accounting and Tax Services. Also joining the conversation is Beacon Capital Management’s Senior Partner and Co-Owner, Pete Benson, and COO and Co-Owner, Jon Maxson for this episode of the Beacon Retirement Strategies Radio Show: Taxes Under The New Presidential Administration and Your Retirement. 

A defensive tax strategy could save you a SIGNIFICANTLY in retirement. If are unsure what your tax strategy looks like, we highly recommend you take advantage of our FREE, Retirement Tax Analysis. This free tax analysis, along with an income analysis, social security analysis, income analysis, fee analysis, risk analysis, and portfolio stress test is all included in our FREE Financial Plan Checkup.  SCHEDULE A CALL TODAY TO GET YOUR FREE FINANCIAL PLAN CHECKUP!

Also, download our FREE ULTIMATE RETIREMENT PLANNING CHECKLIST to see which areas you need to cover to have a comprehensive retirement plan.

Patrick Min, CPA acting in the capacity of CPA for Beacon Tax, and is not affiliated with Beacon Capital Management, LLC. 

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