Shining Financially During Your Golden Years: Retirement, for some people, will last as long as their working years. Effective retirement distribution planning can help your asset base remains strong during your lifetime and beyond. With 401(k) plan balances, profit sharing plans, executive compensation arrangements and more, many people have accumulated a significant portion of their wealth in retirement plans.

Unfortunately, federal tax rules governing distributions are cumbersome and sometimes punitive. For example, you must begin taking distributions from some qualified plans, even if you don't need the income, once you reach age 70.5 or face penalties. Not only can we suggest methods to preserve your retirement income and shield it from unnecessary taxes, we can also help you manage your retirement assets for growth incurring undue risk.

We meet regularly with our clients to discuss and develop strategies to pursue their retirement needs, while keeping focused on clients' distributions and the resulting effect on their estate value. Examples of important issues include:

Maximizing Retirement Income - From Roth IRAs to company-sponsored retirement plans, there are more retirement savings options today than ever before. We will keep you abreast of rules that may affect your distributions and income and suggest tax-efficient ways to deal with these choices.

Income & Estate Planning - Your retirement assets may become a large part of your family's assets at some point in time. Proper distribution planning can help minimize or eliminate the impact on your taxable estate.

Intergenerational Planning - From the present, where even relatively simple components of retirement such as beneficiary designations can be emotional, to the future, when the importance of transferring your retirement assets to the next generation becomes vital, we will work with you to develop the most appropriate solutions.