5455 Corporate Drive,
Through our commitment to integrity, accuracy and specialty.
As a holistic financial planning firm, we’ve merged our advisers with tax experts, enabling us to deliver even more comprehensive advice — recommendations that not only suit your unique financial needs, but that also counteract any negative tax implications.
Whether you’re an individual or a business, potential tax consequences are often unseen by the untrained eye. That’s why we make sure we retain only the best and the brightest team — implementing time-tested strategies to reduce your expenses, as well as providing ongoing education so you understand the rhyme and reason behind every decision.
Our tax planning services include:
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All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.
A diversified portfolio does not assure a profit or protect against loss in a declining market.
The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased. Before implementing a strategy involving life insurance, it would be prudent to make sure that you are insurable by having the policy approved. As with most financial decisions, there are expenses associated with the purchase of life insurance. Policies commonly have mortality and expense charges. In addition, if a policy is surrendered prematurely, there may be surrender charges and income tax implications.
Converting from a traditional IRA to a Roth IRA is a taxable event.
A Roth IRA offers tax free withdrawals on taxable contributions.
To qualify for the tax-free and penalty-free withdrawal or earnings, a Roth IRA must be in place for at least five tax years, and the distribution must take place after age 59 ½ or due to death, disability, or a first-time home purchase (up to a $10,000 lifetime maximum). Depending on state law, Roth IRA distributions may be subject to state taxes.
For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.