Pinnacle’s Founding Partner Lennard van der Feltz discussed strategies to minimize tax liability in a Your Turn column for The Arizona Republic’s community sections.
Lennard noted that while there is no way to avoid paying taxes, you can reduce the amount you potentially owe by diversifying your investments into tax-efficient options such as IRAs, 401(k)s, Roth IRAs, life insurance, and more. Consumers don’t have to wait to implement these tax reduction strategies – Lennard says that a financial planner can help consumers identify the best options immediately.
The article appeared in the April 20 edition of The Arizona Republic. Learn more about Pinnacle Financial Advisors’ tax efficiency planning and wealth management services.