Are you effectively finding the 'sweetspot' in retirement tax planning? In this video, we talk about 5 tax strategies that can backfire when used improperly. Make sure your tax strategies are resulting in benefits, not costs to your retirement. You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 5440576 or go to https://www.safeguardinvest.com/contact.'>https://www.safeguardinvest.com/contact.
0:00 5 Tax Planning Strategies for Your Retirement
0:18 The Roth Conversion Strategy
0:56 Mistake #1 Too Aggressive
2:02 Mistake #2 Converting Everything
2:48 The Backdoor Roth Strategy
4:06 Mistake #1 Backdoor Roth at High Rates
5:24 Mistake #2 The ProRata Trap
6:57 The Tax Loss Harvesting Strategy
8:42 Mistake #1 The Individual Stock Mistake
10:17 Mistake #2 Bad Loss Harvesting Timing
11:23 The StepUp In Basis Strategy Mistake
13:44 The Trust Strategy That Can Increase Taxes
Always remember, "You Don't Need More Money; You Need a Better Plan"
Subscribe to our channel: https://www.youtube.com/channel/UCVMA...
Join our Weekly Email Series: https://bit.ly/weeklyemailseries
Talk with us about your retirement plan here: https://www.safeguardinvest.com/contact
The New 60/40: How the Next Generation of Retirees Can Achieve Radical Financial Freedom through Better Safe Investing https://www.amazon.com/New60Generat...
Safeguard Wealth Management is an SEC Registered Investment Advisor. Safeguard Wealth Management is not an insurance provider. All content on Youtube is for informational purposes only and should not be taken as personal advice for your situation. You can read more disclosures at https://www.safeguardinvest.com/fiduc...