Summary of the Article: Retirement Tax Planning
This article from KSL.com, authored by Tyson and ryan Thacker of B.O.S.S. Retirement Solutions, emphasizes the importance of proactive tax planning in retirement to potentially save meaningful amounts of money. Here’s a breakdown of the key points:
Retirement offers tax control: Retirees have more control over their taxes than at any other point in their lives,but many are unaware of this.
Tax brackets matter: Managing income streams in retirement is crucial to avoid being pushed into higher tax brackets, which can impact taxes on Social Security and investments.
$300,000+ can benefit: Families with at least $300,000 saved for retirement can likely benefit from tax-saving strategies.
Planning vs. Preparation: Tax planning (proactive steps) is different from tax preparation (reporting past income).
Time is of the essence: Current low tax rates may not last forever, so starting to plan sooner rather than later is beneficial.
B.O.S.S. Retirement Solutions Offer: The company offers a free, customized Retirement Tax-Savings Analysis to identify potential savings opportunities. They claim families can realize tens of thousands of dollars in annual tax savings.
Authors’ Credentials: Tyson thacker (CEO) and Ryan Thacker (President) are authors of “The B.O.S.S. Retirement Blueprint” and have helped 50,000 families with retirement planning. They have multiple offices along the Wasatch Front.
Awards: B.O.S.S. Retirement Solutions has received the Utah Best of State award for retirement Planning multiple years (2019-2023 & 2025).Essentially, the article is an advertisement for B.O.S.S. Retirement Solutions, framed as informative content about the benefits of retirement tax planning. It aims to attract potential clients by highlighting the potential for significant tax savings and offering a free analysis.
