Ten Tax Strategies to Thrive in 2025
In-Person Class | Available (Membership Required)
The only two certainties in life are death and taxes. For some people, death is the preferred option. For the rest of us, there are ways to take advantage of recent changes in tax legislation to keep more of what it has taken decades to obtain. Most people can find better uses for their money than sending it to DC every year, so this class will look at ten strategies to do just that. We’ll discuss:
-Why the IRA is just an IOU to the IRS. We’ll learn advantaged ways to move money out of your IRA. -Why delaying required minimum distributions on IRAs may not be the smartest move for you. -How the order in which you take distributions from your various retirement accounts can increase the longevity of your money by as much as 12 years. -What will happen to your tax rates if the Tax Cuts and Jobs Act of 2017 is allowed to expire on December 31st. -Tax-advantaged alternatives for income from your non-qualified accounts. -Ways to advantaged lifetime income through charitable giving. -How to leave your family a blessed rather than a tax curse when your flight leaves.
Neal Angel serves as a financial planner and investment advisor with AngelRoyce Wealth Advisors in Greenville, SC. He has advised thousands of families as a speaker on current retirement issues.