Planning for retirement is vital when it comes to ensuring your long term financial well-being. Whether it's several decades or a few days away, it's important for everyone to devise a strategy to guarantee a steady income for their post-work years.
One highly effective method for achieving this goal involves setting up a tax-free retirement account (TFRA). This well-established approach has been used by wealthy people for decades, in order to accumulate wealth across generations tax-free. When structured properly, these tools are 100% IRS compliant and available to all who qualify!
At Carrier FIS - with help from our partners at Carrier CPA - we love saving you money on taxes. Work with our team of financial planners and tax experts to see how you can minimize your tax liability now and in the future.
It may be hard to believe, but taxes in this country are historically low. While the highest marginal tax bracket is currently 37%, that number has been as high as 95% in years past! However, due to our country's national debt, we are likely to see an increase in tax rates in the near future.
This means that traditional, tax-deferred retirement accounts like your 401k and IRA could prove to be a tax time bomb. Paying taxes in retirement is expensive, and can potentially eat away at your income and lifestyle. Planning in a tax efficient manner means putting as much money in YOUR pocket as possible.
Carrier Financial And Insurance Services
116 Lynnwood Drive Knoxville, TN 37918
Carrier Financial And Insurance Services