Don’t forget to take your 2021 RMDs before year-end! Once you reach age 72, you must start taking withdrawals from your traditional retirement accounts to avoid tax penalties.

2 tax-efficient & strategic ways that may help you use/avoid RMDs in the future include:

+ Roth Conversions

+ Qualified Charitable Distributions (QCDs)

If used properly, Health Savings Accounts (HSAs) can provide a tax deduction on the front-end, tax-deferred growth on earnings, and tax-free withdrawals when used on qualified expenses. With a notable increase in healthcare costs over recent years, HSAs may be a great tool for you to mitigate those costs in the future. 

Are you nearing 65? It’s time to evaluate the coverage options and deadlines surrounding Medicare. We walk through some of the main considerations regarding timing, coverage, and avoiding penalties. Make sure you are informed for this next stage of life!

Finding balance is often a difficult thing. On the surface, it sounds so simple but within many areas of life, it can be very elusive. Take some time to think about how you can take those next steps to find contentment, confidence, and financial freedom with the resources under your care.

If you're planning a Roth conversion or evaluating the tax implications of Roth contributions, consider the barbell strategy for your retirement planning.

Are you trying to decide between taking a lump sum or annuity from your pension or retirement package? Here are some questions to consider before deciding.

Women are 80% more likely than men to be impoverished in retirement. What are the reasons for this retirement gender gap and how we can close the gap?