Tax Planning For You

Our top priority is to keep our clients informed on the latest developments in legislation and regulations while minimizing their tax burden.

Understanding Tax Deductions in and out

Avoid Retirement
savings erosion

Irrevocable Trusts
for solid business

Estate planning
for future generations

Tax-Free plans for
a care-free retirement

Utilizing
tax credits

FAQ

01
How can tax planning reduce my taxable income in retirement?

Tax planning can lower taxable income through tax deductions, credits, and investment choices tailored to your situation.

02
What are the implications of withdrawing from retirement accounts?

Withdrawals impact taxes differently based on the account type. We can explore effective withdrawal strategies.

03
How do Roth conversions affect my retirement taxes?

Roth conversions offer tax-free growth and withdrawals, suitable for some retirement strategies.

04
What strategies can minimize taxes on Social Security benefits?

Income planning can reduce taxes on benefits. We’ll guide you through optimizing Social Security income by taking a look at all the income you are earning in retirement.

05
How do required minimum distributions (RMDs) impact my taxes?

RMDs can increase taxable income. Strategic planning with us can manage these impacts.

06
What tax deductions and credits are available for retirees?

Specific deductions and credits can lower tax burdens for those in retirement. A tailored discussion can uncover eligible benefits.

I have been working with Ben for several years now and was very impressed with how my investments were handled during the pandemic. Ben always takes plenty of time explaining everything and answering questions. Highly recommend Ben and his team.

Harriet Tolly

a year ago

Ben Fuchs and his staff are the best!. Although I think I know everything, Ben has continued to give me advise that I was not aware of and very helpful. Disappointment is not in his vocabulary, and that has flowed down to me as his client. The whole team is knowledgeable and caring, very friendly and I Highly recommend!

John Proctor

a year ago

We have been working with Ben Fuchs for about 5 years now and we are very happy with the results. Ben’s knowledge and experience has improved our investments immensely. Ben knows the tax laws and invests to optimize our retirement funds. Working the Fuchs Financial team has been a pleasure. We have and continue to highly recommend the Fuchs Financial team to family and friends.

Nancy Ouellette

a year ago

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