Skip to content

Contact Us: (781) 569-5989

Tax Planning

optimize a tax strategy based on your goals

Why is tax planning important?

Failing to properly plan for taxes in retirement can mean a sudden change in your lifestyle. With tax laws changing every year, let Summit Financial Partners optimize a tax strategy based on your goals.

Typical tax planning includes speaking with your CPA about filing your 1099’s, W2’s, credits, and exemptions. However, these resources are used for tax preparation purposes, and are backward looking. Tax planning, by contrast, is looking forward into the future and can have powerful effects on your retirement.

At Summit Financial Partners, our goal is to address the following:

How to utilize a Roth IRA
Understanding Required Minimum Distributions (RMDs) for your retirement accounts
How to evaluate the potential benefits of converting IRA dollars into Roth IRA dollars
The effects of timing your distributions from retirement accounts

Not only do we provide tax planning, but we also have an in-house CPA. We use this collaborative partnership to your advantage to evaluate the short term and long term effects of taxes on your retirement plan.

Got questions? Contact us today.

Disclaimer:  The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.

The content within this site is for informational and educational purposes only and does not constitute legal, tax or investment advice. Customers should consult a legal or tax professional regarding their own situation. This site is not an offer to purchase, sell, replace, or exchange any product. Insurance and annuity products and any related guarantees are backed by the claims paying ability of the issuing insurance company. Insurance policy applications are vetted through an underwriting process set forth by the issuing insurance company. Some applications may not be accepted based upon adverse underwriting results.