In today’s episode of Money Mastery Unleashed, I’m walking you through the seven best strategies to lower your taxes in retirement—proven methods I’ve personally used to help dozens of clients save thousands of dollars. If you’ve ever felt overwhelmed or unsure about how to reduce your tax burden in retirement, this episode is for you.
Most people simply haven’t been educated on these strategies, and many assume this critical financial knowledge is only accessible to the ultra-wealthy. But here’s the good news: I’m breaking it down for you step-by-step so you can start implementing these strategies immediately. Whether it’s leveraging Roth IRAs and Roth 401(k)s, taking advantage of new Roth matching contributions, maximizing your Health Savings Account (HSA), or exploring powerful tools like Roth conversions, you’ll discover actionable techniques to keep more of your hard-earned money in retirement.
We’ll also dive into life insurance retirement plans for tax-free income, how to strategically claim Social Security to optimize your benefits, and the often-overlooked qualified charitable distributions (QCDs) and qualified longevity annuity contracts (QLACs) to minimize required minimum distributions (RMDs) and lower your taxable income.
If you’ve been saving your entire life but are now concerned about rising tax rates eating away at your retirement income, these strategies are game-changers. Don’t let a lifetime of hard work get eroded by poor planning—take control of your financial future today.
Ready to lower your taxes in retirement? Click the link in the description to schedule a free consultation with me or one of our advisors. Together, we’ll craft a retirement plan tailored to your specific needs and goals.
Don’t miss this episode packed with actionable insights—tune in, take notes, and start building your tax-efficient retirement today. For more resources and tips, check out the additional episodes and tools available on my website.
Let’s get you the tax-free retirement you deserve.
“Roth conversions are about taking control—pay taxes today so you can enjoy tax-free income tomorrow.” - Adam Olson
What you will learn:
Contribute to Roth IRA & Roth 401(k)
Maximize Health Savings Account (HSA)
Implement Roth Conversions
Strategically Claim Social Security
Learn more about Adam Olson by visiting the following links:
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Investing involves risk, including loss of principal.
Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone.
Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein.
This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.
Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties. Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.
