Let’s say you’re 65, getting ready to retire, and you’ve saved up $1.5 million. That’s no small feat — congratulations. But now comes the big question: “How much can I actually spend each year without running out of money?” It’s something almost every retiree worries about. After decades of saving, the idea of seeing your…
If you’re a high-income professional looking to save more for retirement and reduce your taxable income, you’ve likely already hit your 401(k) limit. So what’s next? Enter the Cash Balance Pension Plan—a powerful retirement tool that can allow you to contribute well into six figures annually, all while slashing your tax bill. In this post,…
If you’ve made money from selling stocks, real estate, or other investments, congratulations! But don’t celebrate just yet, you may owe capital gains tax. Understanding how this tax works can help you avoid surprises and potentially save thousands of dollars with smart planning. In this post, we’ll look at: What Is Capital Gains Tax[1]? A…
Saving for retirement is one of the most important financial decisions you’ll make. But with different retirement plans available, choosing the best option for tax savings can be confusing. Should you go with a 401(k), Traditional IRA, or Roth IRA? In this guide, we’ll break down how each plan works, their tax benefits, and which…
