As a part of a comprehensive financial approach, we offer retirement tax planning and tax-efficient strategies to our clients. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.

Some people are surprised to find that they owe taxes in retirement. Some even pay taxes on Social Security! That’s why tax planning is imperative for the retiree, and at Hoskins Wealth Management, we strive to keep you in the lowest tax bracket possible every year. In order to do that, we have to take a look at what qualifies as “earned income,” and we have to take money out of your nest egg in a tax-advantaged manner.


When it comes to tax planning, you can count on Hoskins Wealth Management to help create tax- efficient strategies. We incorporate all your qualified money, like 401K and traditional IRA accounts, into your comprehensive retirement plan, and calculate the best way to take RMDs (Required Minimum Distributions) which start at age 70-1/2. Following strict guidelines, this is when you must start taking money out of your retirement accounts, and that has tax implications. We have developed specific strategies to help reduce withdrawals and tax liability.

Additionally, we help you create tax-advantaged ways to leave money to your heirs and family members, which may include insurance strategies depending on your situation. Our goal is to help you with tax planning every step of the way as part of your ever-changing financial plan. We conduct reviews with you on at least an annual basis to help make sure that our efforts are successful, and to adjust things as your life changes.

*World Equity Group, Inc., and Hoskins Financial Services do not provide tax advice. For tax advice consult with a qualified tax professional.