Retirement Distribution Planning

For some people retirement will last as long as their working years. In anticipation of future financial needs, many have accumulated a significant portion of their wealth in 401(k) and profit sharing plans, executive compensation programs and other retirement savings. Unfortunately, federal tax rules governing distributions are cumbersome and sometimes punitive. For example, once you reach age 70½ , you must begin taking distributions from some qualified plans – even if you don’t need the income – or face tax penalties.

Not only can we recommend methods to preserve your retirement income and shield it from unnecessary taxes, we can also help you manage your retirement assets for potential growth, without incurring undue risk. Our retirement planning capabilities address:

Distribution Decision

From Roth IRA’s to company-sponsored retirement plans, there are more retirement savings options today than ever before. We can keep you up to date on rules that may affect your distributions and income and propose tax-efficient ways to deal with these choices.

Intergenerational Issues

Even relatively simple components of retirement planning can be emotional, such as designating beneficiaries. In addition, it is vital to think ahead to how you will transfer your retirement assets to the next generation.

Estate Taxes

Your retirement assets may become a large part of your family’s inheritance at some point in time. Proper distribution planning helps minimize or eliminate the impact on your taxable estate.

Through regular meetings, we discuss and develop strategies to work toward your retirement goals, while staying focused on distributions and the resulting effect on your estate value.

No information provided on this site is intended to constitute an offer to sell or a solicitation of an offer to buy shares of any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under securities laws of such jurisdiction. Registered Representatives of LPL Financial disclosed on this site may only discuss securities or transact business with persons who are residents of the following states: AZ, CA, CO, HI, IL, IN, MN, MS, NC, NY, OH, SC, TX, & WA

Daniel Romero, Melissa Levin and Greg Levin are Registered Representatives with and offer Securities, financial planning & fee based asset management through LPL Financial LLC a Registered Investment Advisor and Member FINRA/SIPC. Daniel’s CA Insurance Lic #:OC54180 - Melissa’s CA Insurance Lic #:0C56086 - Greg’s CA Insurance Lic #:0F08519

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ Practitioner, which it awards to individuals who successfully complete initial and ongoing certification requirements.