Hi Jan,
This week, I’ve been thinking a lot about the balance between planning for what we know and preparing for what we can’t predict. That’s especially true when it comes to taxes.
Our new article this week takes a closer look at how tax diversification can give you the flexibility to manage your retirement income more effectively. With the rules around retirement taxation changing more than ever (especially in light of the OBBBA legislation) we’re encouraging readers to look beyond just reducing taxes today and toward building a resilient strategy that supports you across decades of retirement.
We’re pairing that with an additional article that dives deeper into tax strategy trade-offs and helps you think through how to make your plan more resilient.
| | | | Future-Proofing Your Retirement Plan with Tax Diversification Tax planning is not just about paying less in taxes; it is about creating flexibility. With tax laws in constant motion and new savings opportunities emerging, retirement planning now requires a clear understanding of how different account types affect long-term tax flexibility and income planning. By spreading assets across tax-deferred, Roth, and taxable accounts, you build options for how and when to draw income throughout life. That flexibility helps you respond to changes in both your personal situation and the tax environment, creating a stronger, more adaptable financial foundation for the years ahead.
By Retirement Researcher | | | | Tax Diversification Basics Diversification is a well-known strategy to manage investment risk, but how does it apply to taxes? Why would someone want to diversify their taxes, and how do you even do that?
Tax diversification is a powerful tool that can help you strategically manage your tax liability now and in retirement. The United States tax system is progressive, meaning tax rates increase with income. Your marginal tax rate is the rate you pay on your last dollar of income earned in a year. This is the rate we will focus on for this article.
By McLean Asset Management
| | | | OBBBA and You, Part 3: Building, Passing, and Protecting Wealth Under OBBBA
In this final part of our three-part breakdown of the OBBBA legislation, we cover the latest changes to estate taxes, 529 plans, Trump accounts, and other key tax provisions. If you’ve been wondering how these updates might affect your income plan, or the next generation’s, this is an episode worth catching.
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