Tax Planning

401(k) vs. IRA: Which is Right for You?

by erikwbrenner on Jan 23, 2019

Investing, Tax Planning, Financial Education
As the go-to investment option for most companies and their employees, 401(k) plans provide many benefits to plan participants, including deferment of taxes, the likelihood of an employer match and a high maximum allowable for annual contributions. But for those that are self-employed, or whose employer does not offer a 401(k), a traditional or Roth IRA is an option. Contact Hilltop Wealth Solutions if you’d like to discuss your options and plan for a brighter future today.

Why 529 Plans are a Great Vehicle for Saving for College Tuition - and for Private Elementary and Secondary School Tuition, too

by erikwbrenner on Jan 17, 2019

Education Planning, Tax Planning, Lifestyle Planning, Financial Education
Though originally designed to be used as a college savings plan, the new tax laws that went into effect in 2018 now allow funds from 529 plans to be used for elementary or secondary education tuition and expenses as well. Here are some of the ins and outs of 529 plans you should know before you begin saving. If you would like to speak with a financial professional, Hilltop Wealth Solutions would welcome your inquiry.

Best Tax-Friendly States for Retirees

by erikwbrenner on Aug 29, 2018

Retirement Planning, Lifestyle Planning, Tax Planning, Financial Education
If you’re approaching retirement age, you may be considering a move to a more retirement-friendly state, particularly if your current state of residence imposes numerous taxes on social security, pensions and other retirement income. Hilltop Wealth Solutions’ advisors are Retirement Income Strategy Experts (RISE). Let us help YOU rise to the occasion in selecting a location and plan for your retirement.

Tax Planning is Not Just for the Wealthy: Here’s Why

by Erik Brenner on Jul 11, 2018

Tax Planning, Financial Education
With all the changes looming for 2018, now is the time to start looking at various scenarios and working with a finance or tax expert to help guide you through the maze. Here is some basic tax planning information to get you on track for potential tax savings. Contact Hilltop Wealth Solutions if you would like to discuss your options and plan for a brighter financial future.

A Summary of 2018 Tax Changes: Here’s What You Need to Know Now

by Erik Brenner on Jun 19, 2018

Tax Planning, Financial Education
With so many changes coming in 2018, now may be the best time to talk with a tax or financial professional about the changes and how they will affect your tax situation going forward. Contact Hilltop Wealth Solutions if you would like to discuss your options and plan for a brighter financial future.
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