Changes in tax and other legislation compound the risk of error. With qualified plans (such as IRA, pension, profit sharing, 401(k) and Keogh plans), the timing and amount of withdrawals are critical in order to avoid additional tax penalties. And, if you have accumulated significant qualified plan assets you may face additional problems, including the “Double Tax Dilemma,” under which the government can tax these assets twice.
Saving for retirement and managing those funds are integral parts of the Kelm Financial Services planning process. During the financial planning process, Premier will help you clarify your goals and needs during retirement.
We will then help you make educated financial decisions so you can attain those goals and meet your needs.
Below is an illustration that we use help our clients understand the tools that can help leverage each client into reaching their retirement goals