Your Financial Strategy & Taxes
That's where a Thrivent Financial professional can help. While they cannot provide tax advice, they can help you create a well-rounded financial strategy that keeps tax efficiency top-of-mind.
As part of the conversation, they can walk you through the What-If Tax Calculator a unique tool designed to help you better understand the federal income tax implications of your financial decisions.
For example, you'll be able to look back at your 2018 federal income taxes and see how different financial strategy decisions had they been applied this past filing season could have affected your outcome.
Specific areas of your strategy that you may want to re-evaluate for tax efficiencies could include:
Which savings method will best help meet your income needs when you retire?
How might updated rules for 529 plans affect your decisions?
Does it make sense for you to give an amount over a period of time? Or as a lump sum?
How could you pass your assets directly to your beneficiaries income tax-free?
Thrivent and its financial professionals do not provide legal, accounting or tax advice. Consult your attorney or tax professional.