Tax Diversification Planning

Chances are you've heard the expression, “It's not what you make, but what you keep.” It's something that's worth remembering—especially as you prepare for retirement—because it helps reinforce the impact that taxes can have on your lifestyle and savings. 

When it comes to retirement, income is king. That's why it's so important to make the most out of your income-generating assets.

Typically, the income you receive from these assets falls in to three tax categories: Taxable, Tax Deferred, or Tax Free.

That's where tax diversification comes in. 

In the investment world, diversification is a practice that reduces overall market risk by distributing assets into multiple categories. It works much the same with retirement income, only in this case diversification reduces the risk taxes may pose to your lifestyle.

We help our clients create a tax efficient financial plan so that they get to keep more in retirement. 


To Schedule a Complimentary Consultation Call 386.275.1322 or click here.



* Certain interest, although exempt from federal income tax, may still be reportable to the IRS and, in certain circumstances, may be subject to the alternative minimum tax (AMT). Taxpayers should always seek and rely on the advice of their own independent tax professionals. Please understand that New York Life Insurance Company, its affiliates and subsidiaries, and agents and employees of any thereof, may not provide legal or tax advice to you. 

Neither New York Life Insurance Company, nor its agents provide tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professionals before making any decisions.