Jonathan explains that salaried earners, as well as business owners and retirees, can all benefit from intentional tax planning. He frames taxes as a lifetime expense requiring careful projection over the long term. Discussion includes maximizing contributions to retirement accounts and selecting the most tax-efficient account, as well as exploring different tax planning opportunities available during low- and high-income years and the more complex retirement saving options available to business owners. For retirees, withdrawal strategies, Medicare premiums, and charitable contributions are all areas that have tax planning implications. Projection and careful planning can make a meaningful difference in the amount of tax you pay over your lifetime.
Listen to the full interview to learn more.
About WealthCrossing
Based in Richmond, VA, WealthCrossing specializes in delivering seamless, personalized solutions that integrate financial planning, tax strategies, and investment management. With a client-first philosophy and a forward-thinking approach, WealthCrossing empowers individuals and families to achieve financial clarity and maximize their wealth’s potential
Disclosure:
WealthCrossing is a dba of SBK Financial, Inc. and is an investment adviser registered with the United States Securities and Exchange Commission (“SEC”). SEC registration does not imply any level of skill or an endorsement by the SEC of the firm’s advisory services. This communication has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security.
