Q1 · reviewed every year
The tax bill you can still change
In the accumulation years, tax planning mostly means filing correctly. In the transition years it means deciding which bracket to fill, and when, while the choice is still yours.
Overview
Retirement changes the tax question from what you owe this year to what you will owe across the next thirty. We review your return for retirement-specific opportunities, manage which bracket you land in, and work through the years before required distributions begin.
Scope
What this covers
- A review of your recent returns for retirement-specific opportunities
- Bracket management across the years between retiring and required distributions
- Whether Roth conversions make sense for you, and in which years
- How your different account types will be taxed as you draw from them
- Coordination with your CPA, or access to the firm’s CPA partners
What people usually ask
- “What will my taxable income actually look like the year after I stop working?”
- “Should I be converting to Roth before required distributions start?”
- “Which account should I draw from first, and what does that do to my tax bill?”
In the rotation
This is the Q1 review
Our quarterly planning system is designed so clients are generally no more than ninety days away from a review of each critical area. You also have the flexibility to choose the order. Whether you want to start with tax planning or with investments and risk management, the order of the quarterly meetings is at your discretion.
See the full quarterly system →Talk through tax planning
Step one is a 15-minute discovery phone call about your situation: your concerns, your goals, and whether our firm is a good fit. No cost, no obligation, and no requirement to transfer assets.