According to the announcement, the Tax Wise Distribution Strategy maximizes the advantage of the tax basis of each individual account. It reduces taxes and helps a participant determine how to both distribute income in retirement and accumulate assets for the planned distribution.
The distribution method is based on a client’s marginal tax bracket, as well as on the client’s allocation between pre-tax (e.g. 401(k)) and after tax (e.g. Roth) monies, the announcement said.
Trust Builders is also offering a white paper detailing various distribution strategies and models and illustrating the tax wise distribution strategy increasing a client’s income by almost 4%. “Distribution and Accumulation Strategies for Retirement Planning” is available at www.tbinc.com/documents/TaxWiseDistributions.pdf .
The tax wise distribution strategy is currently available as part of the Gap Analysis tool in Trust Builders’ The Retirement Analysis Kit (TRAK). The firm works with Broker-Dealers, Independent Financial Advisers, Registered Representatives, and Registered Investment Advisers across America with the TRAK software program.
For more information and to schedule a demo, call 503-831-1111 or go to www.tbinc.com .
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