FINANCIAL PLANNING

We can help you make an investment in your future. Financial planning is important to individuals at all income levels. Faced with ever-changing and more complicated tax laws, rising and falling inflation rates and an explosion of investment opportunities, you will find that we can help you make the most of your money.

We guide you through the maze of investment opportunities – money, market funds, stock funds, certificates of deposit, bonds, tax shelters and many others. We forecast the tax consequences of each kind of investment, working to help you meet your financial objectives.

Many forces at work in the American economy affect your savings, working capital and investments. Without financial planning you could miss opportunities to make your money grow – or see their investment income slashed by unnecessary taxes.

We analyze your total financial and tax position and help you identify financial objectives. We take all of the components of your financial pictures into account, with the objective of targeting ways that help you make your assets, savings and investments grow at a rate that outpaces inflation. We plan for deferrals and reductions to minimize your tax burdens, explain appropriate investment alternatives and help you build and diversity your assets.

By professionally assessing your financial objectives, assets, liabilities and income, we help you plan for your retirement. We can:

  • Suggest levels of contributions to individual retirement accounts (IRAs) and Keogh plans.
  • Evaluate pension plan and project benefits at likely retirement ages.
  • Show how employee benefit plans might be the biggest source of retirement income.
  • Evaluate the adequacy of life insurance in meeting personal objectives for family members.
  • Determine the future income needs of family members with inflation-adjusted projections.

We are qualified to advise you on the tax consequences on your estate plans. We outline the options available in apportioning the wealth your have accumulated over your lifetime. With careful planning, we help you choose the most advantageous alternatives.

We help you plan the management of you income with the objective of maximizing the return on the money you have now. We advise you on investments such as bank certificates of deposit, treasury bills and notes, money market funds and tax-exempt municipal securities. We let you know when tax shelters and real estate investments are advisable and help you understand the investment and tax risks.

Financial planning is as important to individuals with modest incomes as it is to wealthy individuals with complicated tax situations. Just a few of the many possibilities that signal the need for financial planning are:

  • You want to plan for your children’s education.
  • Your spouse’s paycheck now pushes your family income into a higher tax bracket.
  • You are concerned about your retirement income.
  • You are anticipating an inheritance.
  • You own a business.

We are aware of different investment vehicles and know how to shelter those investments from taxation. We are on top of changes in the tax laws and work with you to maximize your net worth while providing for contingencies.

Remember this: “People don’t plan to fail, they fail to plan.”

For more information on our Financial Planning services, call Reed Tinsley at 281-379-5988 or email reedt@rtacpa.com.