IBA SUCCESS MAGAZINE Issue 3 Vol 4 | Page 8

EXPERTS LANE n FINANCIAL ADVICE Do You Want to Know How to Save on Your Taxes? By Nesterine Blair, Financial Professional In addition, Americans continue to be challenged by the uncertainty of the federal tax environment. Though the current tax laws have been temporarily extended, there is still concern about what these rates will look like in the future—all the more reason to take control over your taxes now. TAKE MORE CONTROL OVER YOUR TAXES! Start by reviewing your investments. If you are concerned about your current tax burden, it may be time to review your retirement income goals with your financial professional and tax advisor and evaluate the tax liability of your existing portfolio. 6 IBA Success Magazine n VOL 4, Issue 3 4 STEPS TO HELP TAKE CONTROL OF YOUR TAXES: • First, look at your current investments to determine if those funds are needed now or can be earmarked for the future. • If you determine that a portion of your investments can be set aside for retirement, you may want to think about diversifying into an indexed account or a tax-deferred investment. • Learn how to double your estate and pass down an inheritance to your family tax-free. • Finally, we can do a financial needs analysis to see where you are financially and customize a program for you, which not only provide tax advantages, but also can help you further grow and protect your income. For further information or discussion about saving on taxes and getting financially ready for retirement, please contact Nesterine Blair at 321-438-6228. Nesterine Blair NesterineBlair@gmail.com BLAIR N o one wants to pay more than they need to in taxes. Yet today, many Americans are doing just that. Why? Because they don’t fully understand how taxes work, it can financially impact their retirement income in the future. Not enough families are aware of ways to put their money away and access the growth tax free. The reality is, the federal taxes paid annually on capital gains, dividends and interest income can significantly erode your return over time.