No One Invited Uncle Sam to Dinner!
Isn’t that how we all feel? We want to be honest citizens and pay what we owe, but paying more than we have to pay is just madness.
Sadly, when we have a significant amount of our retirement savings in a pre-taxed program, like a 401k, 403b, IRA etc., we can end up paying a LOT more than we should pay in taxes, and we lose a large part of our retirement nestegg to “Uncle Sam”, at a time when we need it the most.
* Did you know that when you go to take out money from your IRA / 401k in retirement years, you will likely pay federal tax, state tax, AND the elusive Social Security tax? Taxes are currently the lowest they have ever been. But, with the huge amount of US Debt, and extreme expense of Medicare and Social Security, we can definitely expect tax rates to significantly increase after 2026… taking even more of your retirement income. No to mention the loss of deductions you will suffer in retirement.
Learn More Today
At WPP, our highly specialized tax-reduction strategies can offer you an IRS-approved way to reduce your taxation now, and eliminate a large part of future taxation all together! Learn how to obtain the ZERO tax bracket in retirement. Call us for a personal consultation or attend one of our educational workshops on this most important topic.