Tax Strategy Team At Your Disposal
An essential part of planning for your retirement is determining your current and future tax liability and developing a tax strategy to help minimize the amount of taxes you pay. Tax planning is an integral part in planning your legacy and can directly impact the amount of wealth you will be able to hand over to your heirs and beneficiaries. We recommend taking steps to ensure that your customized retirement plan is able to take advantage of any possible tax credits and deductions to help secure and maintain what you’ve worked so hard to save.
Utilizing the help of certified public accountants can be important. Such a team can help monitor tax law changes specific to your retirement planning, provide sound and dependable tax strategy recommendations, and serve as your advocate in tax matters.
One of the largest tax changes to retirement accounts in decades was recently implemented in 2020, the SECURE Act. This is a topic that directly affects not only you, but your beneficiaries as well. We will take the time with you to ensure you have a full understanding of this Act, how it will impact you, and how to best strategize accordingly to your retirement goals.
Retirement Systems does not offer tax planning services.