ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 153 out of 715 RIA’s nationwide by total assets under management by [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CFO & Chairman of the Board of Pure Financial Advisors. He has been an executive leader of the Company for over a decade. As CFO he is responsible for the financial operations of the company as well as investor relations. Alan joined the firm in 2008, about one year after it [...]

Taking control of your taxes in retirement can help put more disposable income back in your wallet rather than giving it to the taxman. You can’t control the stock market or how long your job may be available to work, but you can have an impact on how much you pay in taxes. Financial professionals Joe Anderson and Alan Clopine walk you through the tools and strategies you can use to reduce capital gains taxes, benefit from tax-free Roth IRAs and create a tax-efficient income plan.

2020 Tax Planning Guide

Important Points:
(01:28) – Preparing for Retirement

(01:58) – Taking Control of Taxes In Retirement

  • Types of Income Taxes
  • Reduced Capital Gains Tax
  • Tax-Free Roth IRAs
  • Selling Your Residence
  • Creating a Tax-Efficient Income Plan

(03:04) – Types of Income Taxes

(04:00) – Taking Advantage of Capital Gains Rates

(05:25) – Tax Loss Harvesting

(09:05) – Tax Rates and Strategies

(14:06) – Large Deductions used to Offset Roth Conversions

(14:50) – Residence Exclusion

(17:31) – Take Control of Your Taxes

(20:13) – Ask the Experts

(24:04) – Pure Takeaway: Don’t Let the Tax Man Ruin Your Retirement

  • Understand how the tax brackets work
  • Take advantage of lower capital gains rates
  • Roth IRAs are even better
  • Create a tax-efficient retirement distribution plan

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