People with large retirement accounts like traditional 401(k)s, TSPs, 403(b)s and 457s often don’t realize the amount of income tax they will have to pay. In 2026, tax brackets are set to go up, so you may have saved a lot less for retirement than you think! This plus inflation, potential Social Security cuts, high health care costs and much more demands innovative, tax-advantaged retirement planning well before you plan to retire. Tax- advantaged retirement planning is an important factor in your long-term financial health. Whether retirement is 35 years from now or 35 days away, everyone should have some sort of plan to secure a tax-advantaged income when they’re ready to stop working.
Make the Most of Your
Retirement Planning
Tax-Advantaged Retirement Planning Can Help You:
- Avoid paying unnecessary taxes
- Remove market risk
- Obtain ZERO loss contract terms
- Protect and grow your retirement
- Ensure long-life income
- Build a tax-advantaged legacy wealth for your loved ones
Diversifying and Creating the Foundation
for Tax-Advantaged Retirement
One of the best tools we have found to diversify your retirement portfolio and potentially create a tax-free retirement account (or TFRA) for yourself utilizes a specialized financial strategy which we offer here at Smart Life Financial. While not right for everyone, this tried-and-true strategy is sometimes used by the rich to build generational wealth on a tax-free basis. The best part? When set up properly, these tools are IRS compliant and available for those who qualify (some restrictions might be age, profession, geographic location, and marital status).
Schedule Your
Free Strategy Session
During this no-obligation call we will quickly discover where your financial opportunities are, where you want to go, and whether our expertise and strategies can help you get there. We can often determine if we are able to help in as few as five minutes! You have absolutely nothing to lose.
Benefits of
Retirement Planning
Retirement planning is something everyone should consider, regardless of how far away retirement is. With the Social Security trust fund in trouble, and the chance of market downturns or global crashes potentially on the horizon, we believe tax-advantaged retirement planning is more important than ever. No matter when you plan on retiring, there are plenty of benefits to build and enjoy both now and later. Our goal is that both you and future generations should benefit from tax-advantaged retirement planning, and here are just some of the benefits our strategies can offer:
Safer Retirement Income
GUARANTEED INCOME
Guaranteed lifetime income with ongoing opportunities to grow the size of your payout based on contract terms. Principal is protected from market downturns, effectively ensuring you never lose money.
Guaranteed lifetime income with ongoing opportunities to grow the size of your payout based on contract terms. Principal is protected from market downturns, effectively ensuring you never lose money.
TFRAs for a Smart Life
A TAX-FREE RETIREMENT
Withdraw tax-free funds for retirement in the form of loans while in most cases building tax-free generational wealth along with no contribution limits or early withdrawal penalties.
Withdraw tax-free funds for retirement in the form of loans while in most cases building tax-free generational wealth along with no contribution limits or early withdrawal penalties.
Extended Care Solutions
NURSING HOME WAIVER
Long-term care can become a major drain on your retirement finances. If you become confined to a qualified nursing care facility, you can draw 100% from your accumulation value to cover your care costs.
Long-term care can become a major drain on your retirement finances. If you become confined to a qualified nursing care facility, you can draw 100% from your accumulation value to cover your care costs.
Federal Employee Benefits
TSP RESCUE PLAN
The Thrift Savings Plan (or TSP) is a tax-deferred retirement savings and investment plan that offers federal employees the same type of savings and tax benefits private employees enjoy under 401(k) plans.
The Thrift Savings Plan (or TSP) is a tax-deferred retirement savings and investment plan that offers federal employees the same type of savings and tax benefits private employees enjoy under 401(k) plans.
Asset Protection
REDUCE MULTIPLE RISKS
Explore new approaches to traditional retirement planning and solutions. You can shield your hard-earned money from economic uncertainty and other risks without sacrificing growth opportunities.
Explore new approaches to traditional retirement planning and solutions. You can shield your hard-earned money from economic uncertainty and other risks without sacrificing growth opportunities.
Family Legacy Planning
PASS WEALTH TO YOUR LOVED ONES
Create trusts and learn about how to use all kinds of estate planning tools to make sure your children and grandchildren are taken care of long after you’re gone. Leave a legacy that helps them grow.
Create trusts and learn about how to use all kinds of estate planning tools to make sure your children and grandchildren are taken care of long after you’re gone. Leave a legacy that helps them grow.
Guarantees provided by the financial strength of insurance companies.
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What’s the difference between
Tax-Free and Tax-Advantaged?
As lucrative as the term “tax-free” is, very, very few things are truly without tax. When we use the term “tax-free,” such as with Roth IRAs and Roth 401(k)s, the income from these vehicles are tax-free since tax was already paid on the money paid into them. In other words, contributions are made with after-tax dollars rather than pre-tax dollars. “Tax-advantaged” refers to strategies that, while they might not be tax-free, remain compliant with the IRS’s regulations but leverage the best tax rate possible for you. These strategies can be used by anyone, but they’re especially useful for those in higher tax brackets where tax-free options aren’t available. When we develop tax-advantaged strategies for you, we’ll identify options that fit your income, financial goals, situation, and qualifications so you can make the best decisions and help you make the most of your nest egg.
No-Fee Retirement Plans
Contact Us
At Smart Life Financial, we want to hear from you as soon as possible! Initial consultations are always free and without obligation, so what are you waiting for? Send us this form today and let’s get started.
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