Valparaiso Financial Advisor Helps Retirees Optimize Their IRAs
PR Newswire Association LLC |
"At age 70 1/2 when required minimum distributions (RMDs) must begin, one of three things will happen with your IRA: You will either LIVE on it, LEVERAGE it, or LOSE it to taxes and lack of planning," says Wooten.
Most Americans have spent their working years diligently to contribute to their IRAs or qualified plans. Unfortunately, the reality is that most retirees do not have a plan in place to optimize their retirement savings, exposing themselves and their heirs to crippling taxes from the government. In fact, after taxes take their toll, most heirs will have spent at least half of their inheritance.
In "Leveraging Your IRA," Wooten emphasizes the many ways you can transform your IRA into a powerful financial tool and the pitfalls you must avoid in order to experience the benefits of the savings you worked hard to create. He also explains how crucial it is for individuals and families to develop a well-defined plan for their IRA that will:
- Protect Your Principal
- Leverage Your Assets
- Accelerate Growth
- Neutralize Taxes™
Wooten emphasizes that, "Becoming the perfect taxpayer is not difficult; it takes no time or money, and the results are guaranteed. Having no plan in place for your IRA is a plan to fail."
With the rate of savings in
SOURCE
Wordcount: | 380 |
Atlantic Trust welcomes Susan Farris to the Boston office
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News