- Page 3 of 3 - Mercer Advisors

Prepare for Taxes On Your Retirement Accounts

The Biden administration has already spent $1.9 trillion on COVID relief and has plans to spend trillions more on infrastructure projects, Medicaid expansion, education, and climate investments. In order to fund these projects, the administration has proposed several tax-increasing measures on corporations and individuals. You may think you won’t have to worry as much about your tax burden in retirement, but you could be wrong. You may need to prepare for taxes on your retirement accounts. [...]

lonebeacon2021-05-04T23:37:45+00:00May 4, 2021|Retirement Income, Retirement Planning, Tax Planning, Taxes|

More Time to File Taxes and Review Your Retirement Plan

Tax season is the perfect time to take stock of your overall finances and how they may have changed in the last year. And luckily for you, tax season is extended until May 17th this year, so you have even more time to do that! As you go through important documents, make sure to review your investment plan, estate plan, long-term tax minimization strategies, and overall retirement plan during this extended tax season. What’s Your Investment [...]

lonebeacon2021-04-12T10:24:12+00:00April 12, 2021|Financial Planning, Retirement Planning, Taxes|

Watch Out for Scams During Tax Season

Return prepare fraud can be very common during tax season[1] and scammers tend to target older adults. Digitization has made tax preparation easier but has also opened up a whole new world of criminal activity. While there’s not much we can do to stop these threats entirely, there are certainly ways that we can all be smarter and more cautious. Know how to spot a scam and watch out for scams during tax season. Question Higher-Than-Expected [...]

lonebeacon2021-04-09T17:41:08+00:00April 9, 2021|Fraud Protection, Taxes|