Unlock the Power of Amp Financial Strategies
Don’t Just Manage Your Retirement Income. Amplify It.
At Amp Financial Strategies, we're committed to sharing our knowledge with clients about their options for leveraging retirement income streams, building tax-free income and legacy planning. You’ve worked hard for your nest egg, and we’ll work hard for you to help protect it from risks like inflation, taxes and stock market ups and downs. As always, we must first get to know you and your situation before making recommendations.
Retirement Income Planning
You’ve saved your whole life for retirement. Maybe that money is in an IRA, a 401(k) or coming in the form of a defined benefit pension plan. Some of it might even be in a savings account or a CD. If you combine your accumulated assets with projected Social Security earnings, will you have enough to retire and stay retired, covering your basic needs with enough left over to enjoy life? We can help you figure out how your income streams can work together in retirement and see if an annuity would be suitable for you to create an additional income stream you can’t outlive.
Tax-Efficient Strategies
Taxes will always be a part of life, but we can review your assets and explore options to possibly reduce your tax burden. Although your tax picture is unique to you, there are common strategies to consider, including minimizing taxable income while saving for retirement, considering charitable contributions, leveraging life insurance and planning for capital gains or losses.
Long-Term Care Insurance
An important part of retirement planning is protecting your income streams to last through retirement, even when faced with a long-term care event. We can help you set aside funds for the rising costs of long-term care, in the event you need it, to help alleviate the emotional and financial strain on your children or loved ones.
401(k) & IRA Rollovers
If you’ve changed jobs throughout your career, chances are you have several old 401(k) accounts sitting out there and some you may have even forgotten about. We can help you consolidate those accounts and select from a wider range of investment choices than what’s available in an employer’s plan with the goal of creating better performing funds for your retirement.
Life Insurance
Did you know you can utilize life insurance to increase your savings, reduce future taxes and provide income for you to use now? Adding life insurance to your retirement plan can serve double duty, providing financial stability for your family as well as income potential for retirement. These living benefits are for you to use during your lifetime, such as the ability to grow the cash value, access funds and pass along your assets in a way that is tax advantaged.
How to Rock Your Old 401(k) & Avoid Surprise Tax Bills
As a taxpayer and saver, you’ve earned the right to see your savings grow in the most tax-efficient manner possible. Your biggest mistake? Doing nothing at all. Let’s write and rewrite until your retirement income is a perfect harmony.
