New members-only dining club curates chef-led tasting dinners, pop-ups, winery takeovers, and farm-to-fork experiences across the Greater Sacramento area.
Mark Turner discussing highlights of tax planning
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-mark-turner-aif-on-tax-planning/
Mark Turner, Accredited Investment Fiduciary®, in an interview at the Influential Entrepreneurs Podcast, emphasized the distinction between merely filing taxes and having a strategic approach to tax planning. He shared his methodology, which begins with understanding a client’s accumulated assets and their expectations about future tax rates. Given the current $30 trillion national debt, Mark strongly believes that taxes are likely to increase, making tax planning even more essential.
We discussed various strategies to mitigate taxes, such as Roth IRA conversions, which allow for tax-free growth and income. Mark highlighted the importance of professional guidance in navigating these complex decisions, as well as the potential benefits of using sophisticated software to determine the best course of action.
Strategic Tax Planning Preserves Wealth
In the realm of financial management, the importance of tax planning cannot be overstated. As highlighted in a recent episode of the “Influential Entrepreneurs” podcast, hosted by Mike Saunders, the conversation with Mark Turner, President of Wealth Management Strategies, delves into the critical role that strategic tax planning plays in wealth preservation, particularly for individuals preparing for retirement. This essay explores the nuances of tax planning, emphasizing how a proactive and strategic approach can safeguard wealth against the inevitable impacts of taxation.
The Role of Strategic Tax Planning
Strategic tax planning involves a comprehensive analysis of an individual’s financial situation, assets, and future goals. It requires a forward-thinking approach that considers not only current tax liabilities but also potential changes in tax legislation and personal circumstances. Turner emphasizes the importance of assessing what clients have accumulated and understanding their expectations regarding future tax rates. By initiating this conversation, financial advisors can tailor strategies that align with clients’ goals, ensuring that they retain as much of their wealth as possible.
One of the key aspects of strategic tax planning is the evaluation of various financial vehicles. As Turner explains, individuals often possess assets in different forms, such as IRAs, 401(k)s, and pensions. Each of these vehicles has distinct tax implications, and understanding how to navigate them is crucial for wealth preservation. For instance, if clients have accumulated more assets than they will need for their retirement, strategic planning can help convert a portion of taxable funds into tax-free opportunities for their heirs.
Practical Strategies for Wealth Preservation
The podcast provides practical insights into how individuals can effectively mitigate their tax burdens. For example, Turner discusses the possibility of converting taxable accounts into tax-free vehicles, which can significantly enhance the financial legacy left for spouses and children. By strategically reallocating assets, individuals can ensure that their loved ones receive a more substantial inheritance, free from excessive tax burdens. This approach not only preserves wealth but also provides peace of mind, knowing that financial legacies are safeguarded against future tax liabilities.
Moreover, the conversation highlights the importance of proactive planning. Waiting until retirement to address tax concerns can lead to missed opportunities and increased tax liabilities. Instead, individuals should engage in ongoing discussions with financial advisors to explore options that may not be immediately apparent. This proactive mindset allows for the development of tailored strategies that can adapt to changing financial landscapes.
In conclusion, strategic tax planning is an essential component of wealth preservation. As discussed in the podcast with Mark Turner, the difference between merely filing taxes and engaging in thoughtful tax planning can have profound implications for an individual’s financial future. By taking a proactive approach, individuals can mitigate their tax burdens and ensure that they retain as much of their wealth as possible for themselves and their heirs. In an era where tax rates are likely to rise, the necessity of strategic tax planning becomes even more pronounced. Ultimately, it is not just about how much one earns but how much one retains, making tax planning a critical aspect of financial success and legacy building.
Mark shared: “Whether you have a nest egg of $5 million or $250,000, I want to ensure your money is working as hard and as smart as you did earning it. Each individual and couple has specific requirements, different tolerances for risk, and may need their money at different times for different reasons.”
Video Link: https://www.youtube.com/embed/gOyvRYohvx8
About Mark Turner
Mark has been helping individuals retire with confidence for over two decades. He is a passionate professional with a rich history of providing safe growth and advanced income strategies to help make sure his clients have an income they can’t outlive. Working with top estate planning attorneys, Mark assists his clients with life insurance and long-term care planning alternatives to ensure legacy preservation for loved ones.
Mark has been in the insurance business since 2000 and has held a Series 65 securities license since 1999. In 2018, Mark founded Wealth Management Strategies Financial Services LLC, an investment advisory and retirement solutions firm. Mark is also an Accredited Investment Fiduciary (AIF), which he earned by demonstrating knowledge of ethical behaviors that follow a fiduciary duty to his clients.
Mark attended California State University at Northridge with a major in business management and a minor in marketing.
Learn more: https://www.wmsretirementsolutions.com/
Recent News and Interviews
Mark Turner discussed Retirement Income Planning: https://authoritypresswire.com/mark-turner-president-of-wealth-management-strategies-interviewed-on-the-influential-entrepreneurs-podcast-discussing-retirement-income-planning/
Mark Turner discussed Retirement Accumulation vs Distribution: https://authoritypresswire.com/mark-turner-president-of-wealth-management-strategies-interviewed-on-the-influential-entrepreneurs-podcast-discussing-retirement-accumulation-vs-distribution/
Investments offered through WMS Financial Services LLC, a California registered investment adviser. AKA “WMSFS”. CRD 291291 8820 E. Foxhollow Drive Anaheim, CA 92808. Insurance products and services are offered through Wealth Management Strategies, an affiliated company. Mark D. Turner, Insurance License #0759815 Wealth Management Strategies, 751 S. Weir Canyon Rd. Ste 157-610 Anaheim, CA 92808 (714) 912-4906. IRS CIRCULAR 230 DISCLOSURE To ensure compliance with requirements imposed by the IRS, we inform you that any US federal tax advice contained in this communication is not intended or written to be used and cannot be used for the purpose of (a) avoiding penalties under the Internal Revenue Code or (b) promoting, marketing or recommending to another party any transaction or matter addressed herein.
Chris Dixon discussing taxes and estate plans
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-chris-dixon-with-oxford-advisory-group-discussing-taxes-estate-plans/
In this episode of Influential Entrepreneurs, Christopher J. Dixon from the Oxford Advisory Group about the often-daunting topics of taxes and estate planning. He kicked off the conversation by discussing the motivation for writing a book on taxes, which became an Amazon bestseller. Chris emphasized the lack of accessible education on tax-free investing for the average American, which inspired him to share his knowledge.
Chris explained the importance of understanding the financial landscape before diving into estate planning. He highlighted that there is no one-size-fits-all solution when it comes to taxes and legacy planning.
In the realm of wealth transfer and legacy planning, the significance of tailored tax and estate planning strategies cannot be overstated. As discussed in the podcast episode featuring Chris Dixon from the Oxford Advisory Group, effective planning is not a one-size-fits-all approach; it requires a deep understanding of individual circumstances and goals.
Chris emphasizes that there is no universal plan that works for everyone when it comes to estate and tax planning. Each client’s situation is unique, influenced by their financial landscape, family dynamics, and personal aspirations. For instance, some individuals may prioritize leaving a substantial legacy for their heirs, while others may prefer to spend their wealth during their lifetime. This diversity in objectives necessitates a customized approach to ensure that the strategies employed align with the client’s specific desires.
One of the key aspects of effective wealth transfer is the ability to mitigate taxes. Chris outlines that there are numerous strategies available, particularly for retirees, to manage their tax liabilities. The first step in this process is to assess the current financial landscape and establish a baseline for acceptable tax levels. From there, customized strategies can be developed, which may include various types of trusts—such as revocable, irrevocable, or dynastic trusts—to optimize tax efficiency and facilitate smooth wealth transfer.
Estate planning is intricately linked to tax strategies, as it involves the legal mechanisms through which assets are transferred to heirs. Christopher points out that understanding the different types of trusts and their implications is crucial for effective estate planning. By customizing these plans, advisors can help clients ensure that their wealth is passed on according to their wishes while minimizing the tax burden on their heirs.
Beyond the technicalities of tax and estate planning, there is a significant emotional component. Chris notes that having a well-thought-out plan can provide clients with peace of mind. When individuals know that they have a strategy in place to manage their wealth and legacy, it alleviates anxiety about the future. This sense of security allows them to enjoy their lives more fully, knowing that their loved ones will be taken care of after they are gone.
Finally, Chris highlights the importance of ongoing review and adaptation of tax and estate plans. As life circumstances change—whether due to shifts in family dynamics, financial situations, or tax laws—it’s essential to revisit and adjust these plans accordingly. This proactive approach ensures that the strategies remain effective and aligned with the client’s evolving goals.
Chris shared: “You have a lot of different situations, and trust options. This then starts to be, instead of cookie-cutter, very, very customized. It takes a lot of experience on how to bring all that together.”
In summary, the podcast episode underscores the critical nature of customized tax and estate planning strategies for effective wealth transfer and legacy planning. By recognizing the unique needs of each client and employing tailored strategies, financial advisors can help individuals achieve their legacy goals while minimizing tax liabilities. This comprehensive approach not only aims to secure financial well-being for future generations but also better provides clients with the peace of mind that comes from knowing they have a solid plan in place.
Video Link: https://www.youtube.com/embed/UmvCCTtm7Do
About Chris Dixon
Chris Dixon is the Co-Founder of Oxford Advisory Group. He is responsible for the company vision and business strategy. Chris focuses on tax efficient strategies for retirees and advanced tax planning.
Chris received his Bachelor of Science. He graduated with Political Science Honors. He also studied through Harvard Business School.
He is a Registered Financial Consultant focused on helping retirees develop tax efficient strategies and income planning.
Chris is a speaker at the firm’s informational seminars on Taxes in Retirement and Social Security. Chris regularly trains other advisors from around the country on tax strategies for retirees. He is co-host of Reinventing Retirement TV on ABC 10, NBC 8 and Fox 13. Reinventing Retirement Radio on WFLA 93.1, Chris is co-author of Total Tax-Free Investing book. He has authored articles in Newsmax Finance and also been featured in Yahoo! News Nasdaq and US News.
Chris sits on the board of the Advent Health Foundation.
Learn More: https://oxfordadvisorygroup.com/
Recent News & Interviews
Samuel Dixon, RFC Co-Founder of Oxford Advisory Group https://authoritypresswire.com/samuel-dixon-rfc-co-founder-of-oxford-advisory-group-interviewed-on-the-influential-entrepreneurs-podcast/
Samuel Dixon discussed RMDs & Retirement Plans https://authoritypresswire.com/samuel-j-dixon-with-oxford-advisory-group-interviewed-on-the-influential-entrepreneurs-podcast-discussing-rmds-retirement-plans/
This is prepared for informational purposes only. It does not address specific investment objectives, or the financial situation, and the particular needs of any person who may receive this report. The information herein was obtained from various sources. Oxford Advisory Group does not guarantee the accuracy or completeness of information provided by third parties. The information in this report is given as of the date indicated and is believed to be reliable. Oxford Advisory Group assumes no obligation to update this information or to advise on further developments relating to it.
To learn more and connect with Rey Perez, visit ReyPerez360.com
Rey Perez, a widely recognized global branding expert, speaker, and entrepreneur, has announced the birth of his daughter, Kaliya Love Perez, born in March. Perez and his partner, Bree Cook, a women’s confidence mentor known for her transformational masterclasses and retreats, shared that both mother and baby are healthy and thriving.
“Becoming a father has amplified my ‘why’ in ways I couldn’t have imagined,” said Perez. “Every brand I’ve ever built has been about impact and legacy—now that legacy has a name: Kaliya Love. She’s already teaching me more about leadership, patience, and love than any boardroom ever could.”
Cook, who leads experiential programs that help women step into their power with clarity and confidence, reflected on the milestone: “This season is a beautiful reminder that confidence is both an inner practice and a shared experience. Welcoming Kaliya has deepened my commitment to guiding women through intentional growth—on their terms and with grace.”
As CEO & Founder of AMP Your Brand, Perez has spent nearly two decades helping entrepreneurs, executives, and experts elevate their visibility, authority, and revenue through strategic storytelling and multimedia branding. He is also the creator of The VIP Branding Experience, a done-for-you live branding and marketing immersion, and My360sites, a digital connection platform that centralizes a brand’s media and links. Perez is a best-selling author and award-winning speaker who has shared stages with leading business icons.
Cook’s work centers on helping women release self-doubt, embody their voice, and lead with conviction. Through intimate master classes and destination retreats, she blends mindset, mentorship, and community to catalyze lasting personal and professional breakthroughs. In the coming months, Cook will continue hosting high-touch programs designed to support women at key inflection points—now with a fresh perspective inspired by motherhood.
“Family is the heartbeat of everything we’re building,” Perez added. “We’re excited to grow our companies, serve our communities, and raise our daughter with faith, purpose, and love.”
About Rey Perez
Rey Perez is the CEO & Founder of AMP Your Brand, an elite multimedia branding and marketing agency. He is the creator of The VIP Branding Experience and My360sites, and a best-selling author, award-winning speaker, and global branding strategist known for helping entrepreneurs and professionals “celebritize” their brands to dominate their niche. To connect and learn more about Rey, visit ReyPerez360.com and whoisreyperez.com.
About Bree Cook
Video Link: https://www.youtube.com/embed/Dv6-vhYnsbQ
Bree Cook is a women’s confidence mentor who leads master classes and transformational retreats. Her programs guide women to clarify their voice, strengthen self-trust, and accelerate purpose-aligned results through community, mindset, and practical tools.
Jordan Mangaliman discusses the importance of building a retirement plan you can depend on
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-jordan-mangaliman-fiduciary-retirement-advisor-founder-of-goldline-wealth-management-discussing-building-a-retirement-plan-you-can-depend-on/
Jordan Mangaliman to discuss the critical topic of building a dependable retirement plan. Jordan emphasized the importance of crafting a retirement plan that is not just a cookie-cutter solution but one that is tailored to individual needs and goals.
We delved into the six major risks that retirees face:
Longevity: The increasing likelihood of living longer necessitates proper income source planning and inflation protection.
Mortality: The impact of a partner’s premature death on retirement income and the importance of planning for such an event.
Liquidity: The need for accessible funds to cover unexpected expenses like medical emergencies or home repairs.
Inflation: The long-term effect of inflation on purchasing power and the necessity of growing investments to combat it.
Market Risk: The potential for market downturns to affect retirement savings, especially in the early years of retirement.
Taxes: The likelihood of future tax increases and the importance of tax planning, including strategies like Roth conversions.
Jordan also highlighted the importance of long-term care planning, noting that 70% of Americans will need long-term care at some point. He discussed various ways to fund long-term care, including self-insurance, traditional long-term care policies, and the increasingly popular 7702 plans that combine life insurance with long-term care benefits.
Retirement is often viewed as the culmination of a lifetime of hard work, a time to relax and enjoy the fruits of one’s labor. However, it is also a significant transition that comes with its own set of challenges and risks. As discussed in a recent podcast, crafting a robust retirement plan involves addressing six major risks that can impact financial security and overall quality of life during retirement. Understanding and planning for these risks is essential for anyone looking to navigate this complex phase of life successfully.
The first risk to consider is longevity. Advances in healthcare and living standards mean that people are living longer than ever before. For a married couple at age 60, there is a 43% chance that at least one partner will live to age 95. This statistic underscores the necessity for retirement plans to accommodate potentially lengthy lifespans. A well-structured plan must include strategies for generating sustainable income over an extended period, ensuring that retirees do not outlive their savings. This can involve a combination of income sources, such as Social Security, pensions, rental income, and investments designed to generate ongoing returns.
The second risk is mortality, specifically the premature death of a spouse or partner. The financial implications of losing a partner can be profound, particularly concerning retirement income. Typically, when one spouse passes away, the surviving partner loses at least one Social Security check, potentially leading to a significant decrease in household income. Hence, it is crucial to plan for this eventuality by considering life insurance, survivor benefits, and how to adjust the retirement budget to accommodate the loss of income.
Liquidity represents the third risk, which is often overlooked in retirement planning. Unexpected expenses can arise at any time—be it home repairs, medical emergencies, or the need for long-term care. The podcast highlighted that long-term care can cost between $8,000 to $10,000 a month, which can add up to a staggering half a million dollars over several years. To address liquidity needs, retirees should ensure that a portion of their investments is easily accessible without incurring penalties or significant losses, allowing them to respond to emergencies without derailing their long-term financial plans.
Inflation is the fourth risk that retirees must contend with. The purchasing power of money decreases over time due to inflation, which has averaged around 3.6% over the last century but can spike unexpectedly, as seen during periods of economic upheaval. To combat inflation, retirees should consider growth-oriented investments for funds not immediately needed for income. This strategy helps ensure that their purchasing power is preserved, allowing them to maintain their standard of living throughout retirement.
Market risk is the fifth risk, which is particularly pertinent for those relying on investments for retirement income. Many retirees enter retirement with substantial investments in stocks and bonds, but the risk associated with market volatility can be daunting. The podcast emphasized the importance of understanding sequence of returns risk—where a market downturn early in retirement can severely affect the sustainability of a portfolio. Retirees must evaluate their risk tolerance and adjust their investment strategies accordingly, potentially shifting to more conservative allocations to protect their principal.
Finally, the sixth risk involves the overall economic environment and market conditions. As retirees assess their financial positions, they must consider whether the market is undervalued, fairly priced, or overvalued. This assessment can influence investment decisions and the timing of withdrawals, as well as the need to rebalance portfolios to mitigate risk.
In conclusion, building a dependable retirement plan requires a concerted effort characterized by careful planning, risk assessment, and ongoing management. As highlighted in the podcast discussion, the importance of laying a solid foundation cannot be overstated. By proactively addressing potential risks and aligning financial strategies with personal goals, individuals can create a retirement plan that not only withstands the test of time but also provides peace of mind. Retirement should be a time of enjoyment and fulfillment, and with the right planning, it can be a reality for everyone.
Jordan shared: “I help retirees build a clear retirement plan, manage their wealth wisely, reduce taxes, secure reliable income, and create a lasting legacy for their families.”
Video Link: https://www.youtube.com/embed/mvJmJWxkoSw
About Jordan Mangaliman
Jordan is a second-generation Fiduciary Retirement Advisor and has dedicated the last 15 years to educating his clients on how to build and protect the assets they have worked so hard to accumulate. His family has now been serving clients for over 45 years and has helped over 1,200 families across the nation, spanning from Hawaii to New York. His diverse base of clients entrust him with their financial well-being, and he proudly owns a record free of any consumer complaints. This is a direct result of the core values at GoldLine Wealth Management. This expansive industry experience has allowed their team to provide sound advice to their clients during both bull and bear / recession markets.
He earned his Bachelor’s Degree in Finance at UC Riverside. Personal finance, market trends, investment strategy, and wealth preservation is what drives Jordan’s hunger for knowledge which he shares with his clients and incorporates regularly into his practice. Jordan’s family has been a pioneer in the Christian-Catholic Ministries in Los Angeles for over 35 years. At a young age he was involved with his church’s ministry which planted the seed for his leadership positions today.
“As a Fiduciary Advisor, our clients trust us because we have a track record of putting their needs first at all times. My job is to foster a relationship of trust, both legally and ethically. Our expansive industry knowledge, experience during up and down markets, research, and world-class service is what forges our lifelong relationships with our clients. Our tenets of full transparency and a high level of communication are the pillars of trust that we build with our clients and the multitude of financial institutions we work with. Many of our clients have become like family and we could not be more grateful for them.”
Learn more: https://goldlinewealthmanagement.com/
Recent News and Interviews
Jordan Mangaliman discussed the Transition into Retirement https://authoritypresswire.com/jordan-mangaliman-fiduciary-retirement-advisor-founder-of-goldline-wealth-management-at-the-influential-entrepreneurs-podcast-discussing-the-transition-into-retirement/
Advisory services provided through CoreCap Advisors, LLC. GoldLine Wealth Management and CoreCap Advisors are separate and unaffiliated entities. Securities trades are not accepted through email, voicemail, or fax. Please contact your representative at the number listed above to place any securities trades. This e-mail message and any attachments are solely for the confidential use of the intended recipient. If you are not the intended recipient, notify us immediately by return e-mail and promptly delete this message and any attachments from your computer.
Pittsburgh, PA — C & K Healthcare Advisors proudly announces that its President and CEO, Paul Castner, has been officially inducted into Marquis Who’s Who, the nation’s most respected biographical registry documenting the lives of distinguished professionals and leaders who have shaped their industries and communities.
Founded in 1898 by Albert Nelson Marquis, Marquis Who’s Who has, for over 125 years, chronicled the achievements of individuals who have made significant contributions to society. Inclusion in this prestigious registry is based on professional integrity, leadership, noteworthy accomplishments, and a measurable impact on one’s field.
A Legacy of Prestige and Recognition
Since the first edition of Who’s Who in America was published in 1899, Marquis Who’s Who has served as the gold standard for biographical documentation, referenced by libraries, universities, corporations, and government agencies worldwide. Its archives—spanning over a century—are a historical record of progress and leadership in every profession.
Today, the Marquis Biographies Online database contains more than 1.5 million profiles, including those of U.S. Presidents, Nobel Laureates, inventors, artists, business magnates, and humanitarians who have made enduring contributions to the world.
Among the Distinguished: A Roster of Global Icons
Paul Castner now joins an illustrious lineage of individuals who have appeared in Marquis Who’s Who, including some of the most influential figures in history and modern times:
U.S. Presidents: Abraham Lincoln, John F. Kennedy, Franklin D. Roosevelt, Ronald Reagan, and Barack Obama
Business Icons: Bill Gates, Warren Buffett, Elon Musk, and Jeff Bezos
Cultural & Artistic Legends: Andy Warhol, Maya Angelou, Walt Disney, Oprah Winfrey, and Frank Lloyd Wright
Scientific & Medical Innovators: Albert Einstein, Jonas Salk, Thomas Edison, and Marie Curie
Humanitarians & Trailblazers: Jackie Robinson, Ruth Bader Ginsburg, Martin Luther King Jr., and Mother Teresa
These names represent only a fraction of those who have been honored—each recognized not merely for success, but for impact, innovation, and legacy.
Paul Castner: Leading with Vision, Integrity, and Purpose
Paul Castner’s induction into Marquis Who’s Who reflects his exceptional leadership and enduring commitment to ethical excellence as President & CEO of C & K Healthcare Advisors, headquartered in Pittsburgh, Pennsylvania.
Under Castner’s leadership, C & K has grown from a regional agency to a nationwide leader in Medicare, Life Insurance, Retirement Planning, and Estate Planning services. His vision emphasizes education, empathy, and empowerment—ensuring that clients and agents alike find clarity and confidence in financial and healthcare decisions.
Castner is also known for his philanthropic and community-driven initiatives, giving back to seniors, veterans, and families across the nation. His belief that “success means nothing without service” has become the cornerstone of C & K’s mission.
“To be recognized by Marquis Who’s Who is an incredible honor,” said Paul Castner. “It’s humbling to be listed among such iconic names. This recognition reflects not only my journey but also the dedication of my entire team and the trust of the clients we serve every day. I share this with all those who’ve walked beside me on this mission to make a meaningful difference.”
About Marquis Who’s Who
For more than a century, Marquis Who’s Who has chronicled the lives of the most accomplished individuals across every field of endeavor. Its publications—Who’s Who in America, Who’s Who in the World, and Who’s Who in Finance and Industry—are regarded as the definitive reference guides for biographical and professional excellence.
With over 125 years of editorial excellence, Marquis continues to recognize leaders who exemplify innovation, leadership, and integrity. Its directories and digital archives are used globally by universities, libraries, media outlets, and historians as authoritative resources documenting human achievement.
Learn more at www.marquiswhoswho.com.
About Paul Castner & C & K Healthcare Advisors
Paul Castner is the President and CEO of C & K Healthcare Advisors, based in Pittsburgh, PA. Together with his business partner, Michael Killmeyer, Paul has built one of the fastest-growing independent insurance and financial organizations in the country. C & K specializes in Medicare, Life Insurance, Annuities, and Estate Planning, operating under the guiding principle:
“Building on Tradition, Growing for the Future — A Partnership for Life.”
For more information, visit www.ckhealthcareadvisors.com.
Recent News & Interviews:
Paul Castner Discusses Why Top Agents Choose C & K Healthcare Advisors for Senior Market Success https://authoritypresswire.com/paul-castner-president-co-founder-of-ck-healthcare-advisorson-influential-entrepreneurs-podcast-why-top-agents-choose-ck-healthcare-advisors-for-senior-market-success/
Paul Castner Discusses Building Life Insurance Practices That Last https://authoritypresswire.com/paul-castner-president-co-founder-of-ck-healthcare-advisors-interviewed-on-the-influential-entrepreneurs-podcast-discusses-building-life-insurance-practices-that-last/
Paul Castner Discusses Becoming the Business Owner’s Trusted Advisor https://authoritypresswire.com/paul-castner-president-co-founder-of-ck-healthcare-on-the-influential-entrepreneurs-podcast-discussing-becoming-the-business-owners-trusted-advisor/
Paul Castner Discusses Interview Champions Women’s Empowerment Through Empower Her Collective Initiative https://authoritypresswire.com/paul-castner-president-of-c-k-healthcare-advisors-featured-on-nbc-news-affiliate-interview-champions-womens-empowerment-through-empower-her-collective-initiative/
Ethan Heisey, Founder and CEO of Exponential Freedom, was recently featured on NBC’s The Morning Blend, where he revealed how business owners and high-income earners can unlock significant tax savings and maximize wealth through strategic collaboration with the right financial team.
With over 2,000 clients served, Heisey has become a sought-after authority on tax mitigation, wealth building, and business consulting. During the interview, he broke down the foundational concept behind his company’s promise: helping clients legally and ethically save at least 25% on their taxes, while also scaling business revenue and personal net worth.
“Most people don’t realize that the real key to saving on taxes isn’t just your accountant, t’s assembling a coordinated team,” said Heisey. “That means getting your CPA, financial planner, business strategist, and legal team all talking to one another. That’s what we do at Exponential Freedom, we create alignment that leads to acceleration.”
Heisey also addressed a common pain point: confusion over where to turn for trustworthy financial advice. As a dynamic speaker and mentor to entrepreneurs, Heisey’s mission is to help business owners experience true freedom not just through wealth creation, but through clarity, confidence, and control over their financial future.
High-net-worth individuals have access to a range of legal tax strategies that can help them reduce their tax liabilities and preserve their wealth. By leveraging tax-deferred accounts, managing capital gains, making charitable contributions, investing in real estate, engaging in effective estate planning, and utilizing available tax credits, wealthy individuals can significantly enhance their financial well-being. However, it is essential to approach these strategies with a focus on legality and compliance, ensuring that knowledgeable professionals in the field guide them. By doing so, high-net-worth individuals can navigate the complexities of tax reduction effectively and confidently.
Ethan shared: “We help clients save at least 25% in taxes, or they don’t pay! Exponential Freedom helps high-net-worth individuals save money on Taxes and grow their net worth.”
About Ethan Heisey
Ethan is the CEO of Exponential Freedom. Ethan’s drive for leadership and financial freedom surpasses many other traditional approaches. He is a public speaker at many events, along with formulating a company of many employees who hold his trust. His consulting services have helped over 2,000 persons in the art of saving Tax, increasing their net worth, and driving business revenue. Learn more: https://theexponentialfreedom.com/
The information provided during this appearance is for general informational purposes only and should not be considered personalized financial, tax, or investment advice. Each individual’s situation is unique, and viewers are encouraged to consult with a licensed financial professional before making any decisions. Exponential Freedom is a consulting and marketing firm—we do not offer financial advice or make recommendations. Instead, we connect clients with qualified, licensed professionals best suited to their specific needs
Recent News & Interviews:
Ethan Heisey Discusses How to Grow Money Tax Free https://authoritypresswire.com/ethan-heisey-ceo-of-exponential-freedom-interviewed-on-the-influential-entrepreneurs-podcast-discussing-how-to-grow-money-tax-free/
Ethan Heisey Discusses Tax Mitigation Strategies https://authoritypresswire.com/ethan-heisey-ceo-of-exponential-freedom-interviewed-on-the-influential-entrepreneurs-podcast-discussing-tax-mitigation-strategies/
Ethan Heisey Discusses Legal Tax Reduction for High-Net-Worth Individuals https://authoritypresswire.com/ethan-heisey-ceo-of-exponential-freedom-interviewed-on-the-influential-entrepreneurs-podcast-discussing-legal-tax-reduction-for-high-net-worth-individuals/
Samuel J Dixon discussing RMDs & retirement plans
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-samuel-j-dixon-with-oxford-advisory-group-discussing-rmds-retirement-plans/
In this episode of Influential Entrepreneurs, Samuel J. Dixon from the Oxford Advisory Group talks about the topic of Required Minimum Distributions (RMDs) and their impact on retirement planning.
Samuel began by defining RMDs as mandatory withdrawals from retirement accounts that retirees must take starting in their 70s, which may significantly affect their tax brackets and overall financial strategy. Samuel emphasized that many retirees may be unaware of how RMDs can act as a “ticking time bomb,” leading to unexpected tax liabilities that may have an impact not only on their finances but also on their heirs’ inheritances.
Retirement planning is a complex process that requires careful consideration of various factors, including income sources, expenses, and tax implications. One crucial aspect that often goes overlooked until it’s too late is the Required Minimum Distribution (RMD). As discussed in a recent episode of the podcast “Influential Entrepreneurs” featuring Samuel J. Dixon from the Oxford Advisory Group, RMDs may have an impact on retirees’ tax situations, leading to unexpected financial consequences.
RMDs are mandatory withdrawals that retirees must begin taking from their tax-deferred retirement accounts, such as traditional IRAs and 401(k)s, starting at age 72. The government requires these distributions as a means of collecting taxes on the income that has been allowed to grow tax-free during the accumulation phase. As Samuel Dixon aptly described, RMDs can be likened to a “ticking time bomb” in retirees’ financial plans. The term reflects the urgency and inevitability of these distributions, which can catch many retirees off guard if they are not adequately prepared.
The primary concern surrounding RMDs is their impact on taxable income. When retirees reach the age at which RMDs are required, they may not realize that these distributions count as ordinary income. This could lead to an increase in their taxable income, which may push them into a higher tax bracket. Initially, many retirees may believe that their income will decrease substantially after leaving the workforce, resulting in a lower tax burden. However, the reality is often quite different. The RMDs can elevate their income levels, leading to unexpected tax liabilities.
The key to mitigating the tax impact of RMDs lies in proactive planning. We talked with Samuel Dixon, who emphasizes the importance of awareness and foresight in retirement planning. By understanding the implications of RMDs, retirees can develop strategies aimed to manage their tax liabilities effectively. This may include:
Tax Diversification: Retirees should consider having a mix of taxable, tax-deferred, and tax-free accounts (such as Roth IRAs) to provide flexibility in managing their income and tax situation.
Withdrawal Strategies: Rather than simply waiting for RMDs to kick in, retirees can take voluntary distributions from their retirement accounts before reaching age 72. This can help spread out taxable income over several years, potentially keeping them in a lower tax bracket.
Consulting Professionals: Working with financial advisors or tax professionals can provide personalized strategies aimed at individual circumstances, better ensuring that retirees are prepared for the tax implications of RMDs.
Understanding Penalties: It may be crucial to recognize that failing to take the required minimum distribution can lead to severe penalties. The IRS imposes a hefty 50% excise tax on the amount that should have been withdrawn but was not. This underscores the importance of being vigilant about RMD deadlines.
In conclusion, Required Minimum Distributions may significantly impact retirees’ tax situations, leading to unexpected financial consequences. As highlighted in the podcast episode with Samuel J. Dixon, many retirees may be unprepared for the tax implications of RMDs, which could result in higher tax brackets and increased liabilities. By fostering awareness and implementing effective planning strategies, retirees can better navigate the complexities of RMDs and potentially mitigate their tax burdens, aiming for a more financially secure retirement. Ultimately, proactive engagement with retirement planning can empower retirees to make better informed decisions that align with their long-term financial goals.
Samuel shared: “We see this drastic shift where the bracket suddenly is much higher than they thought it would be when they first retired.”
Video Link: https://www.youtube.com/embed/jAIc992nIYY
About Samuel J Dixon
Samuel J. Dixon, RFC Co-Founder/ Managing Partner
As a managing partner of Oxford Advisory Group, Samuel J. Dixon is focused on retirement planning, IRA legacy planning and investments for retirees, executives and small-business owners. He routinely offers educational classes on taxes in retirement, estate planning, and developing a steady and reliable retirement plan.
Samuel, with his experience as a RFC, also contributes articles that are featured in financial publications such as Kiplinger Financial, Newsmax, and The Street.
Samuel has passed the Series 65 securities exam and also holds his insurance licenses in Florida. Samuel graduated from the College of Business at Florida State University with a degree in risk management and insurance with a focus in financial planning and wealth management.
Learn More: https://oxfordadvisorygroup.com/
Recent News & Interviews
Samuel Dixon, RFC Co-Founder of Oxford Advisory Group https://authoritypresswire.com/samuel-dixon-rfc-co-founder-of-oxford-advisory-group-interviewed-on-the-influential-entrepreneurs-podcast/
This is prepared for informational purposes only. It does not address specific investment objectives, or the financial situation, and the particular needs of any person who may receive this report. The information herein was obtained from various sources. Oxford Advisory Group does not guarantee the accuracy or completeness of information provided by third parties. The information in this report is given as of the date indicated and is believed to be reliable. Oxford Advisory Group assumes no obligation to update this information or to advise on further developments relating to it.
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