One of the most important pieces of retirement planning is to determine your current and future tax liability and implement strategies to minimize the amount of taxes you pay. Tax planning can have a huge impact on the amount of real spendable income you receive in retirement and the wealth you will be able to transfer to your heirs.


Copley Financial Group, Inc. will help ensure that your retirement plan takes full advantage of available tax credits and deductions so that you and your heirs are maximizing wealth for generations to come.


Retirees often receive income from a variety of sources, including Social Security, pensions, annuities, IRA distributions and other retirement plans. Understanding how different retirement income is taxed is the cornerstone of any retirement plan. For example, knowing that long term capital gains and dividend income are taxed differently than ordinary income or that a municipal bond interest can potentially trigger higher taxes on Social Security income.

Missing out on tax reduction strategies is one the single biggest mistakes many retirees make. Just coordinating taxable distributions with mortgage payments, real estate taxes and medical expenses can have a significant impact. If your financial advisor isn’t discussing strategies like Roth IRA conversion, Social Security Maximization, Net Unrealized Appreciation or Tax Deferred Interest then you should schedule an appointment to come see us.

How about this for a domino effect… paying less in taxes can provide you with more spendable income, which means you might not need as high of a return on your retirement assets. This is in turn means you might not have to take as much risk with your investments to get the income you need in retirement. Lower risk means less stress the next time the stock market crashes. Less stress means better health and better health means you will live longer. And if you live longer, you will get more checks from Social Security. That is the kind of domino effect we like see for our clients.

Working in concert with your personal tax professional or our partnership with local CPA firms, we can provide tax reduction strategies. Proactive tax planning allows our clients the opportunity to minimize tax burdens and build a solid foundation of tax reduction strategies that can result in years of tax savings.

Tax Planning Services

  • Roth Conversion Analysis
  • Year-end tax filing services
  • 1040 tax optimization reports
  • Personalized tax reduction reports

Copley Financial Group, Inc.  strives to implement a sound, well-thought-out financial strategy to minimize year-to-year tax liabilities and provide the opportunity to maintain your current standard of living throughout retirement.

Heritage Tax & Insurance Services, Inc., Copley Financial Group, Inc. and Matthew Copley do not provide tax and/or legal advice, but will work with your attorney or independent tax or legal advisor. In the event that you do not have your own attorney or tax professional we will partner with local CPA firms to provide tax services.

Heritage Tax & Insurance Services, Inc., Copley Financial Group, Inc., and Matthew Copley are not affiliated with or endorsed by the Social Security Administration or any government agency.