The term “fiduciary” is something to be familiar with if you are planning to work with a financial advisor.
The Waterfall Approach to Retirement Savings
It’s hard to provide a one-size-fits-all approach to saving. With the waterfall approach to saving, you can allocate funds to the most tax and wealth efficient locations as you increase your ability to save.
Required Minimum Distribution Strategies
At some point in your life, it is likely that you will be subject to a required minimum distribution. A tax-efficient RMD distribution strategy can make your money go a lot further.
An Underutilized Tool: Health Savings Accounts
Health Savings Accounts can be the ultimate tax savings tool as they offer triple tax savings if used properly.