.png)
Will Taxes Shred Your 401(k) and IRA?
- Davis Oliver
- May 1, 2025
- 4 min read
Please Click the Video to Watch This Important, Short Message
In this week’s Taxes Saved Review, I reference a Kiplinger article which asks, “Will taxes shred your 401(k) and IRA in retirement?” The conventional wisdom is that you save your money in a 401(k) now and then pay taxes later. But, turning that rule on its head could leave you far better off. If you’re coming off the tax extension filing deadline, uncomfortable with the taxes that you paid and you want to get off the overpaying tax insanity train, I want to teach you how you can reduce your taxable income and prevent higher taxes from your employer retirement plans!
Reducing your taxable income obviously reduces your taxes. You can then use those saved taxes to move up your retirement date. If you’re already retired, you can put some of those saved taxes into your “live more” account and protect some of them in your “leave more” account.
If you’re sick and tired of the uncertainty around your taxes and you don’t know the tax risk road you are traveling, go to TaxesSaved.com, scroll to the bottom of the page and request your Saving Tax Optimization Plan (S.T.O.P.) analysis. Then, review the Taxes Saved on-demand, short, educational case studies webinar by scrolling back up to the top of the web page and clicking the white arrow on the red background. This webinar will put real tax-saving strategies and techniques at your fingertips. Imagine, learning in about 30 minutes how to get the tax system working for you instead of against you.
In this short, case study webinar you’ll learn how families – just like yours – are taking control of their retirement income and assets by keeping more of what they’ve earned. The webinar presents two powerful case studies that show what’s possible:
A couple who converted nearly $1 million from an IRA to a Roth IRA – without triggering a single dollar in added taxes. They used IRS-approved deductions to offset their conversion tax, freeing their income from future taxation forever.
Another couple redirected almost $250,000 of tax savings back into their own retirement plan. That single move let them move up their retirement years earlier than they thought possible.
These are not loopholes or dubious interpretations of the tax code. These are proven tax strategies that have been in the IRS code for decades. They are used by the ultra-wealthy but are available to those who act before this low-tax window closes.
Now is the time to act because our referred CPA tax team typically stops taking new clients by the end of October. If you plan to save taxes this year and had high income, a Roth conversion, deferred compensation or sold a business, you need to act now! Once the calendar turns, your tax-saving options for the year are gone.
Here’s what that means for you:
If you’re planning a Roth conversion, the clock is ticking.
If you’ve had a big income year or sold a business, this is your last chance to offset that tax before it’s locked in by the IRS.
If you’re a retiree, Required Minimum Distributions (RMDs) could soon force you into higher tax brackets (even if you don’t need the money).
Let me give you the good news and the bad news. You still have some time left, but there’s not much of it.
We’re living in a historically low-tax environment, but that won’t last. The One Big Beautiful Bill Act has lowered the loss limitation amounts for 2026. Future administrations that are not pro-low tax will almost certainly change the tax code in a way that will raise taxes.
Let me ask you a question. Do you have a tax plan or just a tax bill? Here’s a truth of which most people are unaware; tax preparation is backward-looking, while tax planning is forward-looking. If your CPA only reports what already happened, you’re missing out on what could happen for you. What many people don’t realize is that when they take money out of their IRA or 401(k), they could be taxed multiple times for each distribution.
Ask yourself:
Do you know the tax risk road you’re traveling?
Do you know how much unnecessary tax you’re already paying?
Do you know how much you could save – this year, if you had the right plan?
When you go to TaxesSaved.com and request your Saving Tax Optimization Plan (S.T.O.P.) Analysis, you’ll get real answers and a real plan to protect your savings from rising taxes. You’ll also receive a complimentary copy of the book, The New Holistic Retirement when you register for and attend the on-demand webinar. I want you to focus on pages 49 through 86. These pages will change how you think about retirement taxes forever because they expose the Great American Tax Savings myth. I want you to understand that deferring taxes isn’t saving taxes – it’s only delaying the pain.
Steps to Request Your Saving Tax Optimization Plan (S.T.O.P.) Analysis:
Visit TaxesSaved.com – Watch the insightful case study webinar that shares two real client stories showing how to save thousands of dollars in taxes.
Request your S.T.O.P. Analysis – Your personalized Saving Tax Optimization Plan built for your unique situation.
Select a Date and Time – Be specific! Choose a time that works best so we can prepare for your session.
Show Up and Learn Your Tax Risk – We’ll walk you step-by-step through how to reduce retirement taxes and keep more of your income.
You’ve worked too hard to let Washington decide how much of your retirement you get to keep. Every day you wait, you donate more to the IRS. It’s time to stop overpaying and start keeping.
Go to TaxesSaved.com right now. Watch the on-demand webinar. Request your S.T.O.P. Analysis. The only thing worse than overpaying taxes now is discovering, too late, how much more you didn’t have to pay.
Note: We serve Baby Boomers and Retirees all over the Unites States. We have an efficient, supported process to meet online, as we have been doing for over 20 years. Our online meetings are private, the access is restricted and we never share our meeting link with anyone who’s not a part of the meeting.
Chuck OliverWealth Strategist | Best-Selling Author
We help Baby Boomers and Retirees thrive in retirement through a clear retirement road map that provides market correction and tax protection to optimize income and assets!
Comments