August 12, 2026 • 38 mins
See omnystudio.com/listener for privacy information.
Listen
Watch
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All these years you've saved up planning for a secure retirement,
but if you're not careful, it will be the irs
that is living it up when you retire by taxing
your hard earned money. Welcome to the Maggie Tax and
Financial Show with Robert and Chris Maggie of Maggie Tax
and Wealth Advisors. With over four decades of combined experience
and tax savings, income planning, and investment opportunities, Robert and
(00:22):
Chris share advice and tax planning strategies designed to protect
your retirement nest day from Uncle Sam. Call them at
eight three three Maggie Tax or online at Maggie Tax
dot com. And now your host for the Maggie Tax
and Financial Show, Robert and Chris Maggie.
Speaker 2 (00:40):
Welcome to the Maggie Tax and Financial Show.
Speaker 3 (00:43):
My name is Robert Maggie and I'm here with my
son and co host, Chris Maggie. And today we're gonna
talk about a lot of different topics because we get
a lot of calls, but this is the place where
clarity meets confidence, and a lot of people out there, Chris,
that we see and speak to, they're not sure their
confidence level on what they have is not clear either.
(01:03):
So you know, your retirement questions finally get real answers here.
And by the way, if you have questions throughout the show,
give us a call let us know see if we
can answer them. On the show, every week we break
down the headlines, the tax lows, and the financial decisions
that shape your future and everybody's future out there. It
changes all the time because your money doesn't retire when
(01:24):
you do. And that's kind of a funny statement, but
the truth is, your money doesn't retire when you do.
So Chris, let's get into the show and talk about
these topics today and see if we can help people out.
Speaker 2 (01:34):
That's it, So welcome everyone, I am Chris, Maggie and
glad to be here as always. And you know, when
we meet with people during the week, a lot of
people have questions and they just don't know where to go.
The confidence in their retirement actually is not as high
as what it should be. And why because people don't
have a plan. So that's why they come to us,
because we can help them develop a tax plan and
(01:56):
income plan and investment plan and also a legacy and
a state plan. I mean, that's what the foundation to
retirement is all about. So thick up the phone, schedule
time to meet with us. Eight three three, Maggie tax.
We have office on both sides of the bay, three
convenient offices for you to visit us. Let's get together,
have a conversation, and let's put together a plan for you.
You know, it's funny.
Speaker 3 (02:17):
I get calls every every week and people will get
on the phone and I ask them, why are you
calling and how can we help you? And the answer
we get, Chris, is I want to see what you got.
It's not that, it's what kind of plan do you have?
Is what we're looking for. Because look, you all know
the world is changing fast. Everything is happening around us
so fast, and if you don't see what's coming, you're
(02:38):
going to get hit very hard. So the market swing,
we all know that tax rules shift, and every time
you turn on the news there's something new that could
impact your retirement, and you worry about it and you
lose sleep over it. But the question we have is
when you have an advisor. If you have an advisor,
are they talking about this? And Chris, one thing that
you and I have done since we started in this
(02:59):
business is call clients and say what's on your mind?
Follow up at least a little concern on our end
for them because they're not getting that call well.
Speaker 2 (03:08):
As I said, So today we're going to talk about
a lot of different things. We're going to tackle one
of the biggest misunderstandings out there, tax planning versus tax preparation.
They sound similar, but it can't be more than different,
and knowing the difference can save you thousands over your lifetime.
We're also going to break down the old question that
many people have is should we pay taxes now or
should we pay taxes later? And most people guess, but
(03:29):
smart retirees plan. And today we'll show you how to
make those decisions with confidence and clarity. And finally, we're
getting into the old questions that keep retirees awake at night,
the ones that people are often too nervous to ask,
but absolutely need answers too, because peace of mind isn't
a luxury, it's a plan. So we urge you to
pick up the phone schedule time to meet with us.
(03:51):
So settle in, stay with us, and let's get clarity
that you deserve. And this is the MAGI Tax Advisory
Show and your Retirement starts right now. So let's jump
into these major topics that many people have questions about.
Speaker 3 (04:03):
Let me just go back to one thing you said,
you know, breaking down the age old question, should you
pay taxes?
Speaker 2 (04:08):
Now? Folks, if you.
Speaker 3 (04:09):
Have an IRA or a four one K, or a
four three B or a TSP, you have a tax
time bomb.
Speaker 2 (04:15):
Every one.
Speaker 3 (04:15):
If you have a tax time bomb, I don't care
how old you are, but if you have an IRA
four one K, four or three B, you need to
do tax planning. So you know, we do tax preparation
and when everyone comes in, we do a tax plan
for them as well.
Speaker 2 (04:28):
Because if you have a large.
Speaker 3 (04:30):
IRA, a million dollar IRA or whatever, you have five
hundred thousand, you owe taxes on that money.
Speaker 2 (04:36):
Period.
Speaker 3 (04:36):
So what Chris and I do is we do you know,
an analysis for you to show you what your tax
liability is and just you know what you said before,
then you can start doing planning.
Speaker 2 (04:45):
When should I pay? Should I pay it now? Should
I pay? Letter?
Speaker 3 (04:48):
And you asked this question to a person that came
in last week. They had I don't know this seventy
three They had a million dollars in their IRA, and
you asked them the question, when when are you going
to pay it?
Speaker 2 (04:57):
And who's going to pay it? What they say, well,
it's the just a oh so they didn't have a
plan and they said, well, we'll just pay it later. Meanwhile,
the account just kept growing and growing and growing. Market
has done well, their accounts have done well. But guess
what they defer in the taxes and they're hit with
a lot of taxable income in the future. So what
are they doing about it? Well, that's why you need
a plan. So pick up the phone, schedule time to
(05:18):
meet with US eight three to three Magi tax. If
you have an IRA at four one k pick up
the phone schedule time to meet with US eight three
to three Maggie tax. So let's get into how major
impacts in the news affect retirement.
Speaker 3 (05:31):
So let's jump straight into how today's headlines hit your retirement.
So big news stories aren't just noise. They can move markets.
We all know that shift taxes and change what your
savings will do for you. So before we talk strategy,
let's break down what's happening right now and what it
could mean for your accounts, your income, and your long
(05:52):
time plan.
Speaker 2 (05:53):
Chris. And that's what people fall short they don't plan
on this. Well, that's just it. I mean, you know
they can quietly reshape your retirement income, the taxes and
your investment risk and every major news story now you know,
interest rates, change, inflation reports, geopolitical tensions. We see what's
going on right now, which is open up the news
and turn it on and you can see how it's impacting.
Right oil prices, gas energy, all these things are really
(06:16):
developing people's retirement.
Speaker 3 (06:18):
But there's one thing and everything you just said to
think about the things you can control and the things
that you can't control. There's nothing you can do about
it's going to happen. You mentioned some of the headline,
But you know what you need to do. You need
to sit down and go over tax planning and find
out what you can do to reduce the taxes on
these I rais and these four oh one ks and
these four or three b's so that you don't get
(06:41):
hit with the taxes later, Chris, that we're talking about
when it comes to medicare or the whole thing. So
when you're living on savings instead of a paycheck and
talking about when you retire. Even small shifts in the
economy can change how long your money last. And most
people don't realize how connected the news is to their
retirement plan. And that's exactly what the segment matters because
(07:01):
Chris people don't think like that until they get into
a situation. They're going, now, what do I do well?
Speaker 2 (07:06):
When you have a diversified plan and when you're able
to sit in front of somebody and they can go
over buckets, we talk about bucket planning. If you don't
have bucket planning, then you know what you're really missing
it and you need to meet with us because it's
so important. Every account we have invested with our clients
is for a purpose. Is it safety of your money?
Is it for income? Is it speculative? Is it a
(07:27):
long term growth? Is it to fight inflation? What is it?
Because market swings impact retirees more because you're no longer
adding money, you're just taking it out. So when the
market drops during your working years, you're buying in at
lower prices, but in retirement you're withdrawing, meaning downturns can
drain your accounts faster and permanently reduce your future income.
(07:48):
So why is this important? Because it's called the sequence
of returns? What happens. It's one of the biggest threats
that the retirees face, and if you're not planning on it,
guess what you're going to be hurt by it. So
put together a plan understanding how current events like what
we're going through today influence market behavior and helps you
protect your savings before it's too late. That's why we
(08:10):
urge you to pick up the phone. Schedule time to
meet with us eight three to three, Maggie Tax. Let's
review your current investment plan if you have one. If
you do or you don't know. If you do, then
it's okay, get a second opinion. That's what we do.
So pick up the phone, schedule time to meet with
US eight three to three Magi Tax, and think about this.
Speaker 3 (08:27):
New tax laws, social Security adjustments, Medicare changes, and federal
spending decisions all show up in the news long before
they show up in your wallet. Retirees are especially vulnerable
because they rely on fixed income sources. Nothing wrong with it,
but that's going to make it great for you. That's good.
But knowing how to read the signs and how to
plan around them can save you thousands in unnecessary taxes
(08:51):
and penalties and that's what we do with Maggie tax
and wealth advisors, because if your advisor just talks about
a stock, bond of mutual fund, that's not the right
advisor to you know, to be with, because you need more.
Speaker 2 (09:01):
I'm a right or wrong, it's exactly right. It's not
just put together a plan now and forget about it.
I mean you have to have active trading. You have
to have active a team looking at what you have
and putting together specific buckets for the purpose to fight
through all this. So when you look at everything happening
in the world right now, the markets, interest rates, new
tax proposals, global events, it's very clear that retires can't
(09:23):
afford to tune it out. It has to be something
that they're looking at. But if you don't have a plan,
then you have the uncertainty. You know, these headlines just
don't fill the news cycle. They shape the financial reality
that you're living in. And the good news. With the
right plan, you don't have to feel vulnerable to any
of it. You can feel prepared, you can feel protected,
you can feel confident. That's we're talking about clarity, confidence
(09:47):
and that brings us right into something that's just as
important understand the difference between tax planning and also tax preparation,
because reacting to news is one thing, but having a
proactive tax strategy that protects your retirement every single year,
that's where real control begins. So pick up the phone,
schedule time to meet with us. AID three to three
Maggie Tax, and visit our website at Maggie tax dot com.
(10:08):
There's so much information right there at your fingertips, and
don't forget. Every Sunday on ABC TV, tune into our show.
It's a thirty minute show, The Maggie Tax and Wealth
Advisors Show. We're here to help you, educate you and
also provide ways for clarity and confidence and peace of
mind moving forward. AID three to three Maggie Tax and
Income Planning, tax planning, investment planning, a state planning, legacy planning,
(10:29):
social security maximization planning. That's what we do. So pick
up the phone, schedule time to meet with us. Let's
get together, have a conversation, and we look forward to
working with you and providing you with the clarity and
confidence you need during retirement.
Speaker 1 (10:46):
And stop funding Uncle Sam's retirement and start planning for
your own successful retirement. As we return to the Maggie
Tax Financial Show with your host Robert and Chris Maggie
with Maggie Tax and Wealth Advisors. For information on how
you can create a tax free retirement, call eight three
three Maggie Tax or visit Maggie tax dot com. Now
(11:08):
you're host with Maggie Tax and Wealth Advisors, Robert and
Chris Maggie.
Speaker 2 (11:13):
Welcome back to the Maggie Tax and Financial Show. And
I'm Chris Maggie and I'm here with my dad and
coast of the show, Robert Maggie, and let's shift gears
and talk about why most people only get half the
tax help they actually need and how the right kind
of planning can save you far more than what you
think you know. Welcome back to the Maggie Tax and
Financial Show. Visit our website at Maggie tax dot com.
(11:35):
There's so much information right there at your fingertips. We're
talking about tax planning versus tax preparations. So let's jump
in one thing I could mention I did before.
Speaker 3 (11:44):
But go to our website, Maggie Tax dot com and
on the top right click on retirement calculator. And for
all of you that have an IRA four oh one
K four oh three b A TSP. You have deferred money.
You have tax deferred money. So you need to know
when you start taking the required minimum distribution at seventy three,
what you're going to have to take out and then
(12:04):
what you're going to have to pay. Go to the
retirement calculator, fill in the information and in thirty seconds
you will receive an email back of what you're going
to have.
Speaker 2 (12:13):
To pay at the age that you have to start
taking it out.
Speaker 3 (12:16):
I have to tell you and Chris we talk about
this tax planning and tax preparation. There are many people
out there right now that don't do that. And folks,
if you're going to defer defer deferred defer, are tax
is going to go up or tax is going to
go down?
Speaker 2 (12:28):
So with this report, yeah, right up. No, definitely mean
to interrupt you. No, you're right. You mean a great point,
because if you're not getting the help, you're missing it.
Because taxes are our biggest expense. So if your current
advisor or is not doing it for you, or your
current CPA is not doing it for you, or you
basically don't have anybody, you're you're missing it, aren't you exactly.
Speaker 3 (12:49):
And I think that's you know, the shock and all
that people get when they everybody knows when they save
in a tax deferred account, they're going to be tax
on it what amount they don't know. And then when
you come in and do taxes, like we do tax
planning all year round, even right now. So if you
need your taxes done, you can come in.
Speaker 2 (13:04):
We'll show you.
Speaker 3 (13:05):
But we'll also show you what the requirement of distribution
is going to be and how it's going to affect
you later on, because let's open the door to a
topic that can completely change the way you experience retirement.
Speaker 2 (13:16):
And what do I mean by that?
Speaker 3 (13:17):
Because when you find out you're going to have to
take out more money and it starts to increase your
tax bracket. I think you want to know right now.
So the difference between tax planning and tax preparation, because
these two things may sound similar, but they can create
very different outcomes. And one is about looking back and
the other is about looking ahead. And Chris, I think
(13:38):
looking ahead for people that are getting ready to retire,
I'll give you an example. I had a lady the other
day call me, and she sixty two, and she said Bobby,
I want to retire because I'm just getting tired and
I want to go spend time with my family. So
what we did was we looked at her Social Security
that she was going to get, and then we looked
at the annuity that she has and how much she's
going to get. Chris, she can retire right now and
(14:00):
make more than if she was working.
Speaker 2 (14:02):
Why would you not do that? But she did what
tax planning? That's exactly right. And plus people just don't know,
they don't know what they don't know because their investment
guys only dealing with investments. They don't have the ability
to talk about tax planning. And we do at our
firm here each and every day. That's what we do.
We incorporate it all. So you know, my dad mentioned
a good point. Tax preparation is about looking back and
(14:23):
tax planning is about looking ahead. And one report what happened,
and the other helps you shape what will happen. And
that's what we do here. We could do both, but
more importantly, the tax planning what will happen is what
we're about.
Speaker 3 (14:38):
Yeah, so you know again and this is so important,
please take time to listen to what we're saying. Give
us a call eight three to three Maggie Tax. Go
to our website Maggie Tax dot com, click on the
retirement calculator and see for yourself, because it's going to
explain to you what we're talking about here.
Speaker 2 (14:52):
Now you're right, and then once you start understanding the
difference between looking back and what will happen in the future,
you start seeing opportunities that most people may So that's
why we're going to dig into this because tax preparation
looks backwards, but retirement requires someone who can look forward.
Most people only interact with taxes once a year. They
hand over their documents, they get their return filed, and
(15:14):
they hope for the best. And sometimes they get mad
that they're prepared to it wrong because they have to pay.
But meanwhile they might just not with old enough. But
that's just reporting history. In retirement, the real danger isn't
what happened last year, it's what's coming up next. So
tax planning shifts the focus to the future, how to
reduce taxes next year, five years from now, and throughout retirement.
(15:36):
So when listeners understand this difference, and if you're out
there today, once you realize that you may be missing.
The most important part of your financial strategy now is
the time they pick up the phone schedule time to
meet with us eight three to three Maggie tax.
Speaker 3 (15:49):
So planning helps you control your tax bracket and that's
very important to understand instead of letting insteading letting the
irs decide it for you. And believe me, I'd rather
figure out what I have to pay them what the
ris is going to tell me what to pay?
Speaker 2 (16:02):
And here's the thing.
Speaker 3 (16:02):
Without a plan, retirees often drift into higher tax brackets
without even realizing it. And when we find that out, Chris,
is when we do the taxes and they say, wow,
I'm paying too much in taxes.
Speaker 2 (16:13):
No, you're not.
Speaker 3 (16:14):
You're not paying enough because you made too much money.
And no one does that for them, Chris. The the
advisor doesn't do that. They just look about stock sponsor investments.
What about the tax start? But how important is that?
Speaker 2 (16:24):
Well that's sick because they have no plan. So that's
why they drift into higher tax brackets without realizing it
because they do no planning. So required withdrawal solid security taxation.
How many people getting tax on solid security? A lot
of people, but a lot of our clients aren't. Why
because they have a plan and what about investment income?
These can stack up fast. So that's why tax planning
helps you intentionally manage your income so you stay in
(16:48):
control in the most efficient brackets possible. That's what we do.
We look at this. It isn't about loopholes. It's about timing,
strategy and keeping more of what you earned. So if
you're listening today, start wondering what bracket should you be
in and whether are you paying more than what you
need to And if you don't know, pick up the
phone schedule time to meet with us A three three
(17:09):
Maggie tax. Oh gosh, exactly.
Speaker 3 (17:10):
I mean, the right plan can can reduce taxes for decades,
not just one filing season. Tax preparation saves you money once.
Tax planning can save you money every year for the
rest of your life if you put a plan together,
we call it the Maggie Plan.
Speaker 2 (17:25):
Simple and easy to understand.
Speaker 3 (17:26):
And strategies like Wroth conversions, which I'm talking about now.
If you don't have a wroth maybe we need to
take a look at it because we could save you
money bracketing. What bracket are you going to be in?
You know is it going to be more or less
and tax efficient? Which roles can reduce lifetime taxes by
tens of thousands of.
Speaker 2 (17:42):
Dollars Chris, that's a lot of money. Absolutely, So most
retirees they've never been shown these options. And when you
sit in front of us, we'll go through it. We'll
incorporate your investments with your income and your tax is
ensure the most income in the most tax efficient way.
Who would not want that? You know I'm talking about.
So planning turns taxes from a yearly into a long
term advantage. That's why it's so important to meet with us.
(18:04):
So again, when you shift from reacting to planning, taxes
stop being something you dread and start becoming something that
you can use to your advantage. You gain clarity, the
confidence and control. You stop guessing, you stop hoping, You
start making decisions that protect your income, your lifestyle, and
your future. And that's what if you're listening today, that's
what you can do too. So if you're out there
(18:25):
and you're thinking where do I go? Pick up the phone,
schedule time to meet with us eight three to three
Maggie Tax. Visit our website at Maggie Tax dot com.
There's so much information right there at your fingertips. Eight
three three Maggie Tax.
Speaker 1 (18:43):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call well eight three
three Maggie Tax, or visit Maggie Tax dot com. Now
(19:05):
you're host with Maggie Tax and Wealth Advisors, Robert and
Chris Maggie.
Speaker 2 (19:10):
Welcome back to the Maggie Tax and Financial Show, and
as always we're here to help you provide clarity and
confidence so you can get into your retirement with a
smoother process. Welcome everyone. Visit our website at Maggie tax
dot com. Pick up the phone, schedule a time to
meet with us. Eight three three Maggie Tax. Get that
second opinion, you know, get that direction, put together a
(19:31):
plan you deserve to. It doesn't matter how much money
you have or what questions you have. If you are
concerned about taxes and tax planning, investments, income planning and
state planning, social security plan, where's the best time to
maximize my Social Security benefits. Just pick up the phone,
schedule time to meet with us. Eight three three Maggie Tax.
Speaker 3 (19:51):
So I'll throw a question out to all of you,
should you pay taxes now or should you pay them later?
And that's an answer that each one of you have
a different answer to. So most people make the decision
by guessing that's not a good way to go. Smart
retirees make this decision by planning which is the right
way to go. And that's what we do here at
Maggie Tax and Wealth Advisors. And once you understand how
(20:14):
this choice actually works, you'll see why timing your taxes
is one of the most powerful tools in all of
retirement planning. I've been doing tax planning for years, and
every time tax season comes like now, people come in
and they say, well, I'm paying too much in taxes
And the answer is, well, maybe not. You're not because
you're not paying enough and it's because of what you make.
So things change. So when you're deciding whether to pay
(20:36):
taxes now or later, it really comes down, Chris, to
one thing. What gives you the biggest advantage in retirement?
And the answer isn't guesswork it's strategy.
Speaker 2 (20:45):
That's it. It's strategy, it's a plan. And that's why
you need an advisor that you can talk to, that
you can put together options. You can talk about what
income looks like in the most tax efficient way. And
here are some key factors that will help you make
the smartest decision. You know, everything starts with one simple question.
You know, will your tax to be higher now or later?
(21:05):
And we asked this question to everyone who comes in
because many people have a different perspective, and it's okay
because most retirees assume their tax bill shrinks once they're
stopped working, and that's what we've been taught. That's so
they've taught us, put money away, get a tax deduction today.
In the future, you've been a lower tax bracket because
you're not earning money through wages and you'll pay less
in taxes. But that's just not always how it plays out.
(21:28):
Once sold security kicks in, once required minimum distributions from
your IRA or your qualified accounts kick in, once investment
income stacks on top of everything else, you know, many
people find themselves pushed into higher brackets than they've ever expected.
And we see it each and every day. And this
is why now or later isn't guesswork is a strategic
(21:50):
decision that can help shape your entire retirement. So I
urge you to pick up the phone and schedule time
to meet with us. Eight three three Maggie Tax. Why
because if you're doing everything well now, then guess what.
Now you have a second opinion and you can cross
it off the list that everything's good. It's like going
to a doctor, right. But if you are feeling uncertained
or you have questions and you go to the doctor
(22:11):
and you get these questions answered, maybe there might be
something better to help you. And that's what we can do,
Maggie Tax dot Com eight three to three Maggie Tax, Well,
said Chris, because that is the truth.
Speaker 3 (22:21):
So paying taxes now can lock in today's lower rates
and turn future income into tax free income. And that's
why we're talking about a lot of people don't know
that they can convert into a WROTH and pay less tax,
pay tax now, which is a lower tax bracket, then later.
And how many of you out there would like tax
free income? I'm sure all of you say, of course
we do. But by using strengths strategies like WROTH conversions,
(22:45):
and a lot of people were not taught this during
lower income years. This is one of the misconceptions lower
income years. You can essentially prepare taxes at a rate
that you control.
Speaker 2 (22:54):
Hold on, stay right there. You can you can prepare
taxes so you have control you do. It's amazing because
many people don't think about that. We talked about this
in the last segment. Like you know the tax operations
in the past. Tax planning is in the future. So
if you can think about the future and plan and
(23:16):
have control over that, why would you not want to
do that?
Speaker 3 (23:19):
Well, if you prepay it, why not exactly? And that's
what the point is with a Roth conversion, and think
about it. Every four years. What happens every four years.
Speaker 2 (23:27):
The elegstration changes possibly right.
Speaker 3 (23:29):
Called legislative risk. And you know it and I know
it because we see it all the time. That's what
changes in the tax planning because oh no, I'll wait
till next year. Oh I'll wait till next year. I
guess the old saying is, and all of you heard it,
let's kick the can down the road. Well, don't do that,
because you need to start to prepay taxes at a
rate that you control, And that's what we're talking about,
(23:49):
not when the irs chooses.
Speaker 2 (23:51):
For you later. And think about it, And I'll make
the point.
Speaker 3 (23:53):
When you save on a tax deferred basis, you're deferring
the taxes for what an unknown rate later on.
Speaker 2 (24:00):
Well, that's it. If you have a four M one
K or an IRA or a TSP or whatever qualified
plan you have, it's a it's infective with tax right,
it's a unknown question. It's a question mark tax rate.
Think about it. You have no idea what that it's
going to cost you in the future. But if you
can determine now that I'll pay twelve percent getting that
money out, or I'll pay twenty two percent getting the
(24:20):
money out, knowing that in the future it might be
a heck of a lot more, why would you not
want to think about those options exactly?
Speaker 3 (24:26):
And think about it this way. Also, it means that
every dollar move today has the potential to grow tax
free for the rest of your life.
Speaker 2 (24:35):
Well, that's when many people forget that side of it. Well,
it's going to cost me twenty two percent to get
that much money out. Well, yes, but maybe in the
future it might cost you thirty two percent. But also
too you forgot that. When you convert the money, Guess what,
Now you're in a never ever, forever never tax land.
It's beautiful, tax free, tax free money. Yeah.
Speaker 3 (24:53):
I mean again, this is not what we were taught,
all of us, everyone out there. We were just taught
to save on a tax deferrared basis int worry about
the taxes. Hell yeah, you better worry about the taxes
because you have to pay them. What's the question that
you ask everybody coming in, When are you going to
pay the tax? And who's going to pay the tax?
You You're going to pay the tax. That's your money.
And I laugh when people come and say, well, I'm
not paying any taxes. I'm sorry to differ with you,
(25:16):
my friend, but guess what, you will pay the tax.
So for many retirees, this becomes the moment they realize,
and we talked about it before, timing your taxes can
be more powerful than the investment return itself.
Speaker 2 (25:28):
Well that's it. I love it when people come in
and say, well, I've been getting double digit returns. Everybody investments. Yeah,
but now they're still growing. The pot is getting thicker
and bigger and fatter. And guess what when you start
taking more out, it's more tax you have to pay,
and people don't realize that. You know, it's like being
in the forest.
Speaker 3 (25:44):
Right.
Speaker 2 (25:45):
You see all these trees, but you're only see one tree.
But if you move to the right of the left
of that tree, you can see the rest of the
forest right and it's clear out there. You see some
ways that you can get through and navigate through. That's
exactly what we're talking about. So pick up the phone today,
schedule time to meet with us. Eight three to three,
Maggie Tax. You have questions, let's talk about it. Because
taxes are our biggest expense. What are you doing to
(26:08):
reduce them? There are ways, there's strategies, there's a plan,
there's direction. Do you want to get on that road? Absolutely?
Eight three to three, Maggie Tax. And go to my website, Maggie.
Speaker 3 (26:18):
I shouldn't say my website our website, okay, because it
is I don't want to take fullard. Sounds good, no problem,
but anyway, go to our website, Maggie tax dot com.
And this is what you need to take a look at.
Go to the retirement calculator on the top right and
it's simple. You click in your name, click in the
amount that you have and if you want to be
you know, untruthful, then put the wrong number in. But
see what happens when you put the number in and
(26:38):
your age. It's going to tell you what your tax
is going to be or what you have to pay
when you retire and start taking the great or required
minimum distribution.
Speaker 2 (26:47):
Here's the thing, though, be honest with yourself because this
is your tax bill. You know, yeah, you have a
million dollars in there. You don't really have a million
dollars in there. Let's find out exactly what is Put
the right number in and get in contact with us.
Is let's talk about this because you need to own
today and think about that.
Speaker 3 (27:02):
Once you put this number in and you see what
you have to take out and then you add it
to a euros let's say your income, now, it's going
to bump you into a higher tax bracket. So if
you're in a higher tax bracket right now because you're
still working, that's fine. Receiving a bonus might increase your taxes,
or selling a property or business paying taxes now could
mean overpaying. So in those cases, letting the money grow
(27:23):
and waiting for lower income years can create major long
term savings, and that's what you have to think about.
So the goal isn't to rush your delay. It's to
choose the years when taxes are the cheapest for you personally.
Speaker 2 (27:37):
But what kind of plan are you putting together if
you're not thinking about it now? That's why if you
wit the right advisory firm who can talk through this,
go through different scenarios with you, why not take that opportunity?
And that's why we do. What we do here is
tick up the phone eight three three, Maggie Tax, Let's
get together, Let's have a conversation. Visit our website at
Maggie tax dot com. Because again, as my dad mentioned,
(27:59):
the goal is to rush or delay, is to choose
the years when taxes are the cheapest for you personally.
That's exactly what we're talking about. You know, your optimal
timing is unique, and the right strategy can turn taxes
from a burden into lifelong advantage and tax free income.
There is no universal answer to this question, and that's
(28:20):
why your neighbor or your friend, or your your cousin
or your relative might do things differently than you because
your situation's different. We tell us, we tell with people
all the time. It's your money when you come in.
Let's put together a plan design for you, not just
what every advisor does. That's called cookie cutter. You don't
want a cookie cutter plan. Now, you want a detailed plan.
Let's put it together. And the way you do this
(28:41):
is you pick up the phone, schedule time to meet
with us. Eight three three Maggie Tax. Because everyone's income
path through retirement is different. Your social security timing, your
withdrawal strategy, your investment mix, your future tax brackets, they
all create a retirement tax timeline that's entirely your own.
That's what we're talking about. Your balance sheet, your income.
When you map out it year by year, you suddenly
(29:02):
gain clarity. You know exactly when paying taxes help you
and when it hurts you. And again that's when taxes
shift from something you fear into something you can actually
use to protect your income forever. That's what we're talking about, clarity,
getting a plan. Eight threty three Maggie Tax. Well, like
I said, you can get one answer right now.
Speaker 3 (29:21):
Go to our website, Maggie tax dot com, click on
retirement calculator and put your numbers in that you have
in your IRA four to one K, and if you're
under seventy three, it'll it'll actually go out to seventy
three to tell you what you have to start taking
out at seventy three.
Speaker 2 (29:37):
It's called the required minimum distribution.
Speaker 3 (29:39):
Means it's required you have to take it out, and
then just take that number and add it to what
your income is, and you're going to see the big
difference here. And here's the best part. Once you understand
these factors, the whole now or later question stops being stressful.
You don't have to guess, you don't have to hope
you're doing the right thing. You can actually see the
strategy that protec your income and reduces your taxes for
(30:02):
years to come. Because when timing is done right, taxes
stop feeling like a threat and start becoming a tool
that works for you instead of against you. And that
kind of clarity doesn't just give you a better plan,
it gives you peace of mind. That's why we do
the show to help educate all of you. Maggie Tax
dot Com eight three to three Maggie Tax, go to
(30:24):
the website. You'll see and learn what we're talking about here.
Eight three to three Magie Tax and you're listening to
the Maggie Tax and Financial Show.
Speaker 1 (30:35):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call eight three three
Magie Tax or visit Maggie Tax dot com. Now your
(30:57):
host with Maggie Tax and Wealth Advisors and Chris Maggie,
we are.
Speaker 3 (31:02):
Back and welcome to the Maggie Tax and Financial Show,
where we try to make things simple and easy to understand.
And if you've listened to today's show and any other shows,
you can go to our website and you can tune
in anytime. Because there are so many topics Chris that
people are just confused, and we try to cover everything.
So the real question retirees are afraid to ask, that's
the big one right now, So let's get into the
(31:23):
part of the show that I believe matters the most,
the questions retirees are often too nervous to ask, but
absolutely need real answers to because here's the truth, everyone
has them. Everyone listening today. These questions don't make you unprepared,
they make you human and getting clear, honest answers is
one of the best ways to replace fear with confidence.
(31:45):
And I can tell you as well. People come in,
they're nervous to sitting down, and the question we ask everybody,
why are you here today? And what's on your mind?
You got to soften the blow, you know, don't come
in punching, you know, like you're in a boxing ring.
That ain't going to work.
Speaker 2 (32:00):
Well. You know. It's interesting though many people think, well,
if you have a lot of money, they're never worried
about what I'm about to talk about. But it doesn't
matter how much money you have and how much you've saved,
because the common question that people ask us are the
following and let's break down the first one. Am I
going to run out of money? Yeah? I mean people
(32:22):
come in with two hundred thousand dollars and saying, what's
my income plan? How do I get the most income possible?
And am I going to run out? And then I
got people who come in with twenty million dollars and say,
am I going to run out of money? And we
laugh inside in a good way, because we know that
this is a major concern. People have saved, they've accumulated,
but then there's a distribution phase of retirement. That's where
(32:44):
we focus on because this is the fear most retires
carry quietly, and it's completely understandable. When the paycheck stops,
every decision that you make feels bigger. But with a
clear income plan that shows how your money flows in
year after year through good markets and bad, you can
(33:04):
replace the fear with confidence. And most people are so
surprised to learn that they're in a much stronger position
than they thought. And I'll give you an example. Last
week we met with two clients that they're in the
distribution phase of their life. Market's been up and down.
They sat back after I showed them and did a
review with them, and they said, we're not really affected
(33:26):
by this, are we? And they sat back and they
were confused. I said, what do you mean, Tom, And
he said, well, I thought we would be down and
I'm looking at my accounts here and everything looks good.
And he said, can you run that quick like evaluation?
And I just show me if I ever going to
run out of money? And I did and he said,
I said you can take this amount of money every
month until you're one hundred and sixteen years old. And
(33:50):
he sat back, he said, I'm going to live until
hundred and sixteen. And I said, that's my point. They
basically doing what we have done for you already. You're
in a position that you're not going to outlive your money.
And there was such a calm, relief, clarity, confidence boost
that he couldn't wait to leave the office and keep spending.
One thing on that that we always do.
Speaker 3 (34:09):
We do a balance sheet, so when you come in
the first time, we kind of categorize everything to qualified accounts,
non qualified accounts, you know, savings, liquid money, non liquid money.
Because what Chris is saying there, the gentleman did not
know how his assets were structured because he only thought,
like most people take, I got to take four percent
five percent out and then I run out of money. No,
(34:31):
that's not true. If you go with the Maggie plan
that we talk about, simple and easy to understand. Well,
Chris just mentioned this is how we do it. And
for those of you who have worked with us, I'll
probably shaking your head right now saying you know he's right,
because when you come in and we do that. That's
clarity that's going to give you control and more confidence
because what he just said, Now, Chris the guy sat
back and said, well, no one's ever told me that.
Speaker 2 (34:51):
I just thought I have to take out X amount
every month. That's the misconception. So what do they do?
And it's understanding, right, So pick up the phone, schedule
time to meet with us. Eight three three men tax
and you know the first question, am I going to
run out of money? Well that's okay if you have it,
it's understandable. But let's sit there and clarify that for you.
The second question we get a lot is should I
take sole security now or later? And everyone wants to
(35:11):
get this right right. You pay into the system, you
look at it, and people just want to get them
out most out as they can. So when do you
take it? Because the timing can mean tens of thousands
of dollars over your lifetime and the challenge is that
the best age isn't the same for everyone. That's why
when you come to meet with us, we'll run this
analysis for you. If you are thinking when should I
(35:33):
take it? And you have no plan, it starts with
that your tient plan it depends on your income, your health,
your spouse, and your tax prackets. Who's looking at this stuff.
Most people come to us and say, my advisor has
no idea of what to do. You know, I contact
sole security. They don't tell me what to do. So
where do you go? That's where you come. You pick
up the phone, schedule time to meet with us. We
can help you because it depends on your income, your health,
(35:54):
right your spouse. And once you see the numbers laid
out in front of you in your situation, the right
choice becomes clear, and often it saves you far more
than really what you expect. So that number eight three
three Maggie Tax. Visit our website at Maggie tax dot com.
Schedule time to meet with us. We'll go over this
(36:14):
with you.
Speaker 3 (36:15):
And the other question, the last one, what happens to
my spouse if something happens to me. So this question
is emotional and practical at the same time, and it's
one nearly every couple thinks about everybody.
Speaker 2 (36:27):
They joke about it. You know, if something happens to
you or somethimes to me, what are you going to do?
Speaker 3 (36:30):
But losing a spouse can mean changes in social security,
income tax brackets, and required withdrawals, and a strong plan
prepares for those shift ahead of time, making sure the
surviving spouse has the income. I know we joke about it,
but you have to take care of your spouse. You know,
protection and stability they need for the rest of their life.
Because when you when someone passes away, big thing changes. Now, Chris,
(36:53):
you're going to file as single, not as married, and
you're going to lose the deductions.
Speaker 2 (36:57):
People don't realize that, so that's why it so important
incorporate the whole thing. Income planning, tax planning, investment planning.
And here's the truth. You don't have to navigate these
questions alone. You don't have to guess. You don't have
to hope or even stress about whether you're doing the
right thing. Retirement should feel confident, not uncertain, and that
confidence comes from having a real plan. It's called the
(37:18):
Maggie Plan, one built for your life, your income and
your future taxes, income investments. That's exactly what we help
people create every single day, a plan that shows where
your income will come from, how to protect your spouse,
how to reduce your taxes, and how to make sure
your money lasts as long as you do. When you
have that clarity and that confidence, the worry fades. It
(37:40):
does you can finally breathe easier. That's what it is
about having calm, collective thoughts. So even if one thing
we talked about today made you pause and think, yeah,
well I need answers to that, now is the time
to pick up the phone, schedule time to meet with us.
Eight three to three Maggie Tax. That's eight three to
three Maggie Tax.
Speaker 1 (37:59):
Thank you for listen listening to Maggie Tax and Financial
Show with Robert and Chris Maggie of Maggie Tax Wealth Advisors.
Listen here five to six pm every Saturday and from
eleven am till noon every Sunday, or any time on
the free iHeartRadio app. And remember you can pay less
tax with Maggie Tax Program. Content provided by Maggie Tax
(38:19):
Wealth and Advisors. Call them at eight three three Maggie
Tax or visit them online at Maggietax dot com
All these years you've saved up planning for a secure retirement,
but if you're not careful, it will be the irs
that is living it up when you retire by taxing
your hard earned money. Welcome to the Maggie Tax and
Financial Show with Robert and Chris Maggie of Maggie Tax
and Wealth Advisors. With over four decades of combined experience
and tax savings, income planning, and investment opportunities, Robert and
(00:22):
Chris share advice and tax planning strategies designed to protect
your retirement nest day from Uncle Sam. Call them at
eight three three Maggie Tax or online at Maggie Tax
dot com. And now your host for the Maggie Tax
and Financial Show, Robert and Chris Maggie.
Speaker 2 (00:40):
Welcome to the Maggie Tax and Financial Show.
Speaker 3 (00:43):
My name is Robert Maggie and I'm here with my
son and co host, Chris Maggie. And today we're gonna
talk about a lot of different topics because we get
a lot of calls, but this is the place where
clarity meets confidence, and a lot of people out there, Chris,
that we see and speak to, they're not sure their
confidence level on what they have is not clear either.
(01:03):
So you know, your retirement questions finally get real answers here.
And by the way, if you have questions throughout the show,
give us a call let us know see if we
can answer them. On the show, every week we break
down the headlines, the tax lows, and the financial decisions
that shape your future and everybody's future out there. It
changes all the time because your money doesn't retire when
(01:24):
you do. And that's kind of a funny statement, but
the truth is, your money doesn't retire when you do.
So Chris, let's get into the show and talk about
these topics today and see if we can help people out.
Speaker 2 (01:34):
That's it, So welcome everyone, I am Chris, Maggie and
glad to be here as always. And you know, when
we meet with people during the week, a lot of
people have questions and they just don't know where to go.
The confidence in their retirement actually is not as high
as what it should be. And why because people don't
have a plan. So that's why they come to us,
because we can help them develop a tax plan and
(01:56):
income plan and investment plan and also a legacy and
a state plan. I mean, that's what the foundation to
retirement is all about. So thick up the phone, schedule
time to meet with us. Eight three three, Maggie tax.
We have office on both sides of the bay, three
convenient offices for you to visit us. Let's get together,
have a conversation, and let's put together a plan for you.
You know, it's funny.
Speaker 3 (02:17):
I get calls every every week and people will get
on the phone and I ask them, why are you
calling and how can we help you? And the answer
we get, Chris, is I want to see what you got.
It's not that, it's what kind of plan do you have?
Is what we're looking for. Because look, you all know
the world is changing fast. Everything is happening around us
so fast, and if you don't see what's coming, you're
(02:38):
going to get hit very hard. So the market swing,
we all know that tax rules shift, and every time
you turn on the news there's something new that could
impact your retirement, and you worry about it and you
lose sleep over it. But the question we have is
when you have an advisor. If you have an advisor,
are they talking about this? And Chris, one thing that
you and I have done since we started in this
(02:59):
business is call clients and say what's on your mind?
Follow up at least a little concern on our end
for them because they're not getting that call well.
Speaker 2 (03:08):
As I said, So today we're going to talk about
a lot of different things. We're going to tackle one
of the biggest misunderstandings out there, tax planning versus tax preparation.
They sound similar, but it can't be more than different,
and knowing the difference can save you thousands over your lifetime.
We're also going to break down the old question that
many people have is should we pay taxes now or
should we pay taxes later? And most people guess, but
(03:29):
smart retirees plan. And today we'll show you how to
make those decisions with confidence and clarity. And finally, we're
getting into the old questions that keep retirees awake at night,
the ones that people are often too nervous to ask,
but absolutely need answers too, because peace of mind isn't
a luxury, it's a plan. So we urge you to
pick up the phone schedule time to meet with us.
(03:51):
So settle in, stay with us, and let's get clarity
that you deserve. And this is the MAGI Tax Advisory
Show and your Retirement starts right now. So let's jump
into these major topics that many people have questions about.
Speaker 3 (04:03):
Let me just go back to one thing you said,
you know, breaking down the age old question, should you
pay taxes?
Speaker 2 (04:08):
Now? Folks, if you.
Speaker 3 (04:09):
Have an IRA or a four one K, or a
four three B or a TSP, you have a tax
time bomb.
Speaker 2 (04:15):
Every one.
Speaker 3 (04:15):
If you have a tax time bomb, I don't care
how old you are, but if you have an IRA
four one K, four or three B, you need to
do tax planning. So you know, we do tax preparation
and when everyone comes in, we do a tax plan
for them as well.
Speaker 2 (04:28):
Because if you have a large.
Speaker 3 (04:30):
IRA, a million dollar IRA or whatever, you have five
hundred thousand, you owe taxes on that money.
Speaker 2 (04:36):
Period.
Speaker 3 (04:36):
So what Chris and I do is we do you know,
an analysis for you to show you what your tax
liability is and just you know what you said before,
then you can start doing planning.
Speaker 2 (04:45):
When should I pay? Should I pay it now? Should
I pay? Letter?
Speaker 3 (04:48):
And you asked this question to a person that came
in last week. They had I don't know this seventy
three They had a million dollars in their IRA, and
you asked them the question, when when are you going
to pay it?
Speaker 2 (04:57):
And who's going to pay it? What they say, well,
it's the just a oh so they didn't have a
plan and they said, well, we'll just pay it later. Meanwhile,
the account just kept growing and growing and growing. Market
has done well, their accounts have done well. But guess
what they defer in the taxes and they're hit with
a lot of taxable income in the future. So what
are they doing about it? Well, that's why you need
a plan. So pick up the phone, schedule time to
(05:18):
meet with US eight three to three Magi tax. If
you have an IRA at four one k pick up
the phone schedule time to meet with US eight three
to three Maggie tax. So let's get into how major
impacts in the news affect retirement.
Speaker 3 (05:31):
So let's jump straight into how today's headlines hit your retirement.
So big news stories aren't just noise. They can move markets.
We all know that shift taxes and change what your
savings will do for you. So before we talk strategy,
let's break down what's happening right now and what it
could mean for your accounts, your income, and your long
(05:52):
time plan.
Speaker 2 (05:53):
Chris. And that's what people fall short they don't plan
on this. Well, that's just it. I mean, you know
they can quietly reshape your retirement income, the taxes and
your investment risk and every major news story now you know,
interest rates, change, inflation reports, geopolitical tensions. We see what's
going on right now, which is open up the news
and turn it on and you can see how it's impacting.
Right oil prices, gas energy, all these things are really
(06:16):
developing people's retirement.
Speaker 3 (06:18):
But there's one thing and everything you just said to
think about the things you can control and the things
that you can't control. There's nothing you can do about
it's going to happen. You mentioned some of the headline,
But you know what you need to do. You need
to sit down and go over tax planning and find
out what you can do to reduce the taxes on
these I rais and these four oh one ks and
these four or three b's so that you don't get
(06:41):
hit with the taxes later, Chris, that we're talking about
when it comes to medicare or the whole thing. So
when you're living on savings instead of a paycheck and
talking about when you retire. Even small shifts in the
economy can change how long your money last. And most
people don't realize how connected the news is to their
retirement plan. And that's exactly what the segment matters because
(07:01):
Chris people don't think like that until they get into
a situation. They're going, now, what do I do well?
Speaker 2 (07:06):
When you have a diversified plan and when you're able
to sit in front of somebody and they can go
over buckets, we talk about bucket planning. If you don't
have bucket planning, then you know what you're really missing
it and you need to meet with us because it's
so important. Every account we have invested with our clients
is for a purpose. Is it safety of your money?
Is it for income? Is it speculative? Is it a
(07:27):
long term growth? Is it to fight inflation? What is it?
Because market swings impact retirees more because you're no longer
adding money, you're just taking it out. So when the
market drops during your working years, you're buying in at
lower prices, but in retirement you're withdrawing, meaning downturns can
drain your accounts faster and permanently reduce your future income.
(07:48):
So why is this important? Because it's called the sequence
of returns? What happens. It's one of the biggest threats
that the retirees face, and if you're not planning on it,
guess what you're going to be hurt by it. So
put together a plan understanding how current events like what
we're going through today influence market behavior and helps you
protect your savings before it's too late. That's why we
(08:10):
urge you to pick up the phone. Schedule time to
meet with us eight three to three, Maggie Tax. Let's
review your current investment plan if you have one. If
you do or you don't know. If you do, then
it's okay, get a second opinion. That's what we do.
So pick up the phone, schedule time to meet with
US eight three to three Magi Tax, and think about this.
Speaker 3 (08:27):
New tax laws, social Security adjustments, Medicare changes, and federal
spending decisions all show up in the news long before
they show up in your wallet. Retirees are especially vulnerable
because they rely on fixed income sources. Nothing wrong with it,
but that's going to make it great for you. That's good.
But knowing how to read the signs and how to
plan around them can save you thousands in unnecessary taxes
(08:51):
and penalties and that's what we do with Maggie tax
and wealth advisors, because if your advisor just talks about
a stock, bond of mutual fund, that's not the right
advisor to you know, to be with, because you need more.
Speaker 2 (09:01):
I'm a right or wrong, it's exactly right. It's not
just put together a plan now and forget about it.
I mean you have to have active trading. You have
to have active a team looking at what you have
and putting together specific buckets for the purpose to fight
through all this. So when you look at everything happening
in the world right now, the markets, interest rates, new
tax proposals, global events, it's very clear that retires can't
(09:23):
afford to tune it out. It has to be something
that they're looking at. But if you don't have a plan,
then you have the uncertainty. You know, these headlines just
don't fill the news cycle. They shape the financial reality
that you're living in. And the good news. With the
right plan, you don't have to feel vulnerable to any
of it. You can feel prepared, you can feel protected,
you can feel confident. That's we're talking about clarity, confidence
(09:47):
and that brings us right into something that's just as
important understand the difference between tax planning and also tax preparation,
because reacting to news is one thing, but having a
proactive tax strategy that protects your retirement every single year,
that's where real control begins. So pick up the phone,
schedule time to meet with us. AID three to three
Maggie Tax, and visit our website at Maggie tax dot com.
(10:08):
There's so much information right there at your fingertips, and
don't forget. Every Sunday on ABC TV, tune into our show.
It's a thirty minute show, The Maggie Tax and Wealth
Advisors Show. We're here to help you, educate you and
also provide ways for clarity and confidence and peace of
mind moving forward. AID three to three Maggie Tax and
Income Planning, tax planning, investment planning, a state planning, legacy planning,
(10:29):
social security maximization planning. That's what we do. So pick
up the phone, schedule time to meet with us. Let's
get together, have a conversation, and we look forward to
working with you and providing you with the clarity and
confidence you need during retirement.
Speaker 1 (10:46):
And stop funding Uncle Sam's retirement and start planning for
your own successful retirement. As we return to the Maggie
Tax Financial Show with your host Robert and Chris Maggie
with Maggie Tax and Wealth Advisors. For information on how
you can create a tax free retirement, call eight three
three Maggie Tax or visit Maggie tax dot com. Now
(11:08):
you're host with Maggie Tax and Wealth Advisors, Robert and
Chris Maggie.
Speaker 2 (11:13):
Welcome back to the Maggie Tax and Financial Show. And
I'm Chris Maggie and I'm here with my dad and
coast of the show, Robert Maggie, and let's shift gears
and talk about why most people only get half the
tax help they actually need and how the right kind
of planning can save you far more than what you
think you know. Welcome back to the Maggie Tax and
Financial Show. Visit our website at Maggie tax dot com.
(11:35):
There's so much information right there at your fingertips. We're
talking about tax planning versus tax preparations. So let's jump
in one thing I could mention I did before.
Speaker 3 (11:44):
But go to our website, Maggie Tax dot com and
on the top right click on retirement calculator. And for
all of you that have an IRA four oh one
K four oh three b A TSP. You have deferred money.
You have tax deferred money. So you need to know
when you start taking the required minimum distribution at seventy three,
what you're going to have to take out and then
(12:04):
what you're going to have to pay. Go to the
retirement calculator, fill in the information and in thirty seconds
you will receive an email back of what you're going
to have.
Speaker 2 (12:13):
To pay at the age that you have to start
taking it out.
Speaker 3 (12:16):
I have to tell you and Chris we talk about
this tax planning and tax preparation. There are many people
out there right now that don't do that. And folks,
if you're going to defer defer deferred defer, are tax
is going to go up or tax is going to
go down?
Speaker 2 (12:28):
So with this report, yeah, right up. No, definitely mean
to interrupt you. No, you're right. You mean a great point,
because if you're not getting the help, you're missing it.
Because taxes are our biggest expense. So if your current
advisor or is not doing it for you, or your
current CPA is not doing it for you, or you
basically don't have anybody, you're you're missing it, aren't you exactly.
Speaker 3 (12:49):
And I think that's you know, the shock and all
that people get when they everybody knows when they save
in a tax deferred account, they're going to be tax
on it what amount they don't know. And then when
you come in and do taxes, like we do tax
planning all year round, even right now. So if you
need your taxes done, you can come in.
Speaker 2 (13:04):
We'll show you.
Speaker 3 (13:05):
But we'll also show you what the requirement of distribution
is going to be and how it's going to affect
you later on, because let's open the door to a
topic that can completely change the way you experience retirement.
Speaker 2 (13:16):
And what do I mean by that?
Speaker 3 (13:17):
Because when you find out you're going to have to
take out more money and it starts to increase your
tax bracket. I think you want to know right now.
So the difference between tax planning and tax preparation, because
these two things may sound similar, but they can create
very different outcomes. And one is about looking back and
the other is about looking ahead. And Chris, I think
(13:38):
looking ahead for people that are getting ready to retire,
I'll give you an example. I had a lady the other
day call me, and she sixty two, and she said Bobby,
I want to retire because I'm just getting tired and
I want to go spend time with my family. So
what we did was we looked at her Social Security
that she was going to get, and then we looked
at the annuity that she has and how much she's
going to get. Chris, she can retire right now and
(14:00):
make more than if she was working.
Speaker 2 (14:02):
Why would you not do that? But she did what
tax planning? That's exactly right. And plus people just don't know,
they don't know what they don't know because their investment
guys only dealing with investments. They don't have the ability
to talk about tax planning. And we do at our
firm here each and every day. That's what we do.
We incorporate it all. So you know, my dad mentioned
a good point. Tax preparation is about looking back and
(14:23):
tax planning is about looking ahead. And one report what happened,
and the other helps you shape what will happen. And
that's what we do here. We could do both, but
more importantly, the tax planning what will happen is what
we're about.
Speaker 3 (14:38):
Yeah, so you know again and this is so important,
please take time to listen to what we're saying. Give
us a call eight three to three Maggie Tax. Go
to our website Maggie Tax dot com, click on the
retirement calculator and see for yourself, because it's going to
explain to you what we're talking about here.
Speaker 2 (14:52):
Now you're right, and then once you start understanding the
difference between looking back and what will happen in the future,
you start seeing opportunities that most people may So that's
why we're going to dig into this because tax preparation
looks backwards, but retirement requires someone who can look forward.
Most people only interact with taxes once a year. They
hand over their documents, they get their return filed, and
(15:14):
they hope for the best. And sometimes they get mad
that they're prepared to it wrong because they have to pay.
But meanwhile they might just not with old enough. But
that's just reporting history. In retirement, the real danger isn't
what happened last year, it's what's coming up next. So
tax planning shifts the focus to the future, how to
reduce taxes next year, five years from now, and throughout retirement.
(15:36):
So when listeners understand this difference, and if you're out
there today, once you realize that you may be missing.
The most important part of your financial strategy now is
the time they pick up the phone schedule time to
meet with us eight three to three Maggie tax.
Speaker 3 (15:49):
So planning helps you control your tax bracket and that's
very important to understand instead of letting insteading letting the
irs decide it for you. And believe me, I'd rather
figure out what I have to pay them what the
ris is going to tell me what to pay?
Speaker 2 (16:02):
And here's the thing.
Speaker 3 (16:02):
Without a plan, retirees often drift into higher tax brackets
without even realizing it. And when we find that out, Chris,
is when we do the taxes and they say, wow,
I'm paying too much in taxes.
Speaker 2 (16:13):
No, you're not.
Speaker 3 (16:14):
You're not paying enough because you made too much money.
And no one does that for them, Chris. The the
advisor doesn't do that. They just look about stock sponsor investments.
What about the tax start? But how important is that?
Speaker 2 (16:24):
Well that's sick because they have no plan. So that's
why they drift into higher tax brackets without realizing it
because they do no planning. So required withdrawal solid security taxation.
How many people getting tax on solid security? A lot
of people, but a lot of our clients aren't. Why
because they have a plan and what about investment income?
These can stack up fast. So that's why tax planning
helps you intentionally manage your income so you stay in
(16:48):
control in the most efficient brackets possible. That's what we do.
We look at this. It isn't about loopholes. It's about timing,
strategy and keeping more of what you earned. So if
you're listening today, start wondering what bracket should you be
in and whether are you paying more than what you
need to And if you don't know, pick up the
phone schedule time to meet with us A three three
(17:09):
Maggie tax. Oh gosh, exactly.
Speaker 3 (17:10):
I mean, the right plan can can reduce taxes for decades,
not just one filing season. Tax preparation saves you money once.
Tax planning can save you money every year for the
rest of your life if you put a plan together,
we call it the Maggie Plan.
Speaker 2 (17:25):
Simple and easy to understand.
Speaker 3 (17:26):
And strategies like Wroth conversions, which I'm talking about now.
If you don't have a wroth maybe we need to
take a look at it because we could save you
money bracketing. What bracket are you going to be in?
You know is it going to be more or less
and tax efficient? Which roles can reduce lifetime taxes by
tens of thousands of.
Speaker 2 (17:42):
Dollars Chris, that's a lot of money. Absolutely, So most
retirees they've never been shown these options. And when you
sit in front of us, we'll go through it. We'll
incorporate your investments with your income and your tax is
ensure the most income in the most tax efficient way.
Who would not want that? You know I'm talking about.
So planning turns taxes from a yearly into a long
term advantage. That's why it's so important to meet with us.
(18:04):
So again, when you shift from reacting to planning, taxes
stop being something you dread and start becoming something that
you can use to your advantage. You gain clarity, the
confidence and control. You stop guessing, you stop hoping, You
start making decisions that protect your income, your lifestyle, and
your future. And that's what if you're listening today, that's
what you can do too. So if you're out there
(18:25):
and you're thinking where do I go? Pick up the phone,
schedule time to meet with us eight three to three
Maggie Tax. Visit our website at Maggie Tax dot com.
There's so much information right there at your fingertips. Eight
three three Maggie Tax.
Speaker 1 (18:43):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call well eight three
three Maggie Tax, or visit Maggie Tax dot com. Now
(19:05):
you're host with Maggie Tax and Wealth Advisors, Robert and
Chris Maggie.
Speaker 2 (19:10):
Welcome back to the Maggie Tax and Financial Show, and
as always we're here to help you provide clarity and
confidence so you can get into your retirement with a
smoother process. Welcome everyone. Visit our website at Maggie tax
dot com. Pick up the phone, schedule a time to
meet with us. Eight three three Maggie Tax. Get that
second opinion, you know, get that direction, put together a
(19:31):
plan you deserve to. It doesn't matter how much money
you have or what questions you have. If you are
concerned about taxes and tax planning, investments, income planning and
state planning, social security plan, where's the best time to
maximize my Social Security benefits. Just pick up the phone,
schedule time to meet with us. Eight three three Maggie Tax.
Speaker 3 (19:51):
So I'll throw a question out to all of you,
should you pay taxes now or should you pay them later?
And that's an answer that each one of you have
a different answer to. So most people make the decision
by guessing that's not a good way to go. Smart
retirees make this decision by planning which is the right
way to go. And that's what we do here at
Maggie Tax and Wealth Advisors. And once you understand how
(20:14):
this choice actually works, you'll see why timing your taxes
is one of the most powerful tools in all of
retirement planning. I've been doing tax planning for years, and
every time tax season comes like now, people come in
and they say, well, I'm paying too much in taxes
And the answer is, well, maybe not. You're not because
you're not paying enough and it's because of what you make.
So things change. So when you're deciding whether to pay
(20:36):
taxes now or later, it really comes down, Chris, to
one thing. What gives you the biggest advantage in retirement?
And the answer isn't guesswork it's strategy.
Speaker 2 (20:45):
That's it. It's strategy, it's a plan. And that's why
you need an advisor that you can talk to, that
you can put together options. You can talk about what
income looks like in the most tax efficient way. And
here are some key factors that will help you make
the smartest decision. You know, everything starts with one simple question.
You know, will your tax to be higher now or later?
(21:05):
And we asked this question to everyone who comes in
because many people have a different perspective, and it's okay
because most retirees assume their tax bill shrinks once they're
stopped working, and that's what we've been taught. That's so
they've taught us, put money away, get a tax deduction today.
In the future, you've been a lower tax bracket because
you're not earning money through wages and you'll pay less
in taxes. But that's just not always how it plays out.
(21:28):
Once sold security kicks in, once required minimum distributions from
your IRA or your qualified accounts kick in, once investment
income stacks on top of everything else, you know, many
people find themselves pushed into higher brackets than they've ever expected.
And we see it each and every day. And this
is why now or later isn't guesswork is a strategic
(21:50):
decision that can help shape your entire retirement. So I
urge you to pick up the phone and schedule time
to meet with us. Eight three three Maggie Tax. Why
because if you're doing everything well now, then guess what.
Now you have a second opinion and you can cross
it off the list that everything's good. It's like going
to a doctor, right. But if you are feeling uncertained
or you have questions and you go to the doctor
(22:11):
and you get these questions answered, maybe there might be
something better to help you. And that's what we can do,
Maggie Tax dot Com eight three to three Maggie Tax, Well,
said Chris, because that is the truth.
Speaker 3 (22:21):
So paying taxes now can lock in today's lower rates
and turn future income into tax free income. And that's
why we're talking about a lot of people don't know
that they can convert into a WROTH and pay less tax,
pay tax now, which is a lower tax bracket, then later.
And how many of you out there would like tax
free income? I'm sure all of you say, of course
we do. But by using strengths strategies like WROTH conversions,
(22:45):
and a lot of people were not taught this during
lower income years. This is one of the misconceptions lower
income years. You can essentially prepare taxes at a rate
that you control.
Speaker 2 (22:54):
Hold on, stay right there. You can you can prepare
taxes so you have control you do. It's amazing because
many people don't think about that. We talked about this
in the last segment. Like you know the tax operations
in the past. Tax planning is in the future. So
if you can think about the future and plan and
(23:16):
have control over that, why would you not want to
do that?
Speaker 3 (23:19):
Well, if you prepay it, why not exactly? And that's
what the point is with a Roth conversion, and think
about it. Every four years. What happens every four years.
Speaker 2 (23:27):
The elegstration changes possibly right.
Speaker 3 (23:29):
Called legislative risk. And you know it and I know
it because we see it all the time. That's what
changes in the tax planning because oh no, I'll wait
till next year. Oh I'll wait till next year. I
guess the old saying is, and all of you heard it,
let's kick the can down the road. Well, don't do that,
because you need to start to prepay taxes at a
rate that you control, And that's what we're talking about,
(23:49):
not when the irs chooses.
Speaker 2 (23:51):
For you later. And think about it, And I'll make
the point.
Speaker 3 (23:53):
When you save on a tax deferred basis, you're deferring
the taxes for what an unknown rate later on.
Speaker 2 (24:00):
Well, that's it. If you have a four M one
K or an IRA or a TSP or whatever qualified
plan you have, it's a it's infective with tax right,
it's a unknown question. It's a question mark tax rate.
Think about it. You have no idea what that it's
going to cost you in the future. But if you
can determine now that I'll pay twelve percent getting that
money out, or I'll pay twenty two percent getting the
(24:20):
money out, knowing that in the future it might be
a heck of a lot more, why would you not
want to think about those options exactly?
Speaker 3 (24:26):
And think about it this way. Also, it means that
every dollar move today has the potential to grow tax
free for the rest of your life.
Speaker 2 (24:35):
Well, that's when many people forget that side of it. Well,
it's going to cost me twenty two percent to get
that much money out. Well, yes, but maybe in the
future it might cost you thirty two percent. But also
too you forgot that. When you convert the money, Guess what,
Now you're in a never ever, forever never tax land.
It's beautiful, tax free, tax free money. Yeah.
Speaker 3 (24:53):
I mean again, this is not what we were taught,
all of us, everyone out there. We were just taught
to save on a tax deferrared basis int worry about
the taxes. Hell yeah, you better worry about the taxes
because you have to pay them. What's the question that
you ask everybody coming in, When are you going to
pay the tax? And who's going to pay the tax?
You You're going to pay the tax. That's your money.
And I laugh when people come and say, well, I'm
not paying any taxes. I'm sorry to differ with you,
(25:16):
my friend, but guess what, you will pay the tax.
So for many retirees, this becomes the moment they realize,
and we talked about it before, timing your taxes can
be more powerful than the investment return itself.
Speaker 2 (25:28):
Well that's it. I love it when people come in
and say, well, I've been getting double digit returns. Everybody investments. Yeah,
but now they're still growing. The pot is getting thicker
and bigger and fatter. And guess what when you start
taking more out, it's more tax you have to pay,
and people don't realize that. You know, it's like being
in the forest.
Speaker 3 (25:44):
Right.
Speaker 2 (25:45):
You see all these trees, but you're only see one tree.
But if you move to the right of the left
of that tree, you can see the rest of the
forest right and it's clear out there. You see some
ways that you can get through and navigate through. That's
exactly what we're talking about. So pick up the phone today,
schedule time to meet with us. Eight three to three,
Maggie Tax. You have questions, let's talk about it. Because
taxes are our biggest expense. What are you doing to
(26:08):
reduce them? There are ways, there's strategies, there's a plan,
there's direction. Do you want to get on that road? Absolutely?
Eight three to three, Maggie Tax. And go to my website, Maggie.
Speaker 3 (26:18):
I shouldn't say my website our website, okay, because it
is I don't want to take fullard. Sounds good, no problem,
but anyway, go to our website, Maggie tax dot com.
And this is what you need to take a look at.
Go to the retirement calculator on the top right and
it's simple. You click in your name, click in the
amount that you have and if you want to be
you know, untruthful, then put the wrong number in. But
see what happens when you put the number in and
(26:38):
your age. It's going to tell you what your tax
is going to be or what you have to pay
when you retire and start taking the great or required
minimum distribution.
Speaker 2 (26:47):
Here's the thing, though, be honest with yourself because this
is your tax bill. You know, yeah, you have a
million dollars in there. You don't really have a million
dollars in there. Let's find out exactly what is Put
the right number in and get in contact with us.
Is let's talk about this because you need to own
today and think about that.
Speaker 3 (27:02):
Once you put this number in and you see what
you have to take out and then you add it
to a euros let's say your income, now, it's going
to bump you into a higher tax bracket. So if
you're in a higher tax bracket right now because you're
still working, that's fine. Receiving a bonus might increase your taxes,
or selling a property or business paying taxes now could
mean overpaying. So in those cases, letting the money grow
(27:23):
and waiting for lower income years can create major long
term savings, and that's what you have to think about.
So the goal isn't to rush your delay. It's to
choose the years when taxes are the cheapest for you personally.
Speaker 2 (27:37):
But what kind of plan are you putting together if
you're not thinking about it now? That's why if you
wit the right advisory firm who can talk through this,
go through different scenarios with you, why not take that opportunity?
And that's why we do. What we do here is
tick up the phone eight three three, Maggie Tax, Let's
get together, Let's have a conversation. Visit our website at
Maggie tax dot com. Because again, as my dad mentioned,
(27:59):
the goal is to rush or delay, is to choose
the years when taxes are the cheapest for you personally.
That's exactly what we're talking about. You know, your optimal
timing is unique, and the right strategy can turn taxes
from a burden into lifelong advantage and tax free income.
There is no universal answer to this question, and that's
(28:20):
why your neighbor or your friend, or your your cousin
or your relative might do things differently than you because
your situation's different. We tell us, we tell with people
all the time. It's your money when you come in.
Let's put together a plan design for you, not just
what every advisor does. That's called cookie cutter. You don't
want a cookie cutter plan. Now, you want a detailed plan.
Let's put it together. And the way you do this
(28:41):
is you pick up the phone, schedule time to meet
with us. Eight three three Maggie Tax. Because everyone's income
path through retirement is different. Your social security timing, your
withdrawal strategy, your investment mix, your future tax brackets, they
all create a retirement tax timeline that's entirely your own.
That's what we're talking about. Your balance sheet, your income.
When you map out it year by year, you suddenly
(29:02):
gain clarity. You know exactly when paying taxes help you
and when it hurts you. And again that's when taxes
shift from something you fear into something you can actually
use to protect your income forever. That's what we're talking about, clarity,
getting a plan. Eight threty three Maggie Tax. Well, like
I said, you can get one answer right now.
Speaker 3 (29:21):
Go to our website, Maggie tax dot com, click on
retirement calculator and put your numbers in that you have
in your IRA four to one K, and if you're
under seventy three, it'll it'll actually go out to seventy
three to tell you what you have to start taking
out at seventy three.
Speaker 2 (29:37):
It's called the required minimum distribution.
Speaker 3 (29:39):
Means it's required you have to take it out, and
then just take that number and add it to what
your income is, and you're going to see the big
difference here. And here's the best part. Once you understand
these factors, the whole now or later question stops being stressful.
You don't have to guess, you don't have to hope
you're doing the right thing. You can actually see the
strategy that protec your income and reduces your taxes for
(30:02):
years to come. Because when timing is done right, taxes
stop feeling like a threat and start becoming a tool
that works for you instead of against you. And that
kind of clarity doesn't just give you a better plan,
it gives you peace of mind. That's why we do
the show to help educate all of you. Maggie Tax
dot Com eight three to three Maggie Tax, go to
(30:24):
the website. You'll see and learn what we're talking about here.
Eight three to three Magie Tax and you're listening to
the Maggie Tax and Financial Show.
Speaker 1 (30:35):
Stop funding Uncle Sam's retirement and start planning for your
own successful retirement. As we return to the Maggie Tax
Financial Show with your host Robert and Chris Maggie with
Maggie Tax and Wealth Advisors. For information on how you
can create a tax free retirement, call eight three three
Magie Tax or visit Maggie Tax dot com. Now your
(30:57):
host with Maggie Tax and Wealth Advisors and Chris Maggie,
we are.
Speaker 3 (31:02):
Back and welcome to the Maggie Tax and Financial Show,
where we try to make things simple and easy to understand.
And if you've listened to today's show and any other shows,
you can go to our website and you can tune
in anytime. Because there are so many topics Chris that
people are just confused, and we try to cover everything.
So the real question retirees are afraid to ask, that's
the big one right now, So let's get into the
(31:23):
part of the show that I believe matters the most,
the questions retirees are often too nervous to ask, but
absolutely need real answers to because here's the truth, everyone
has them. Everyone listening today. These questions don't make you unprepared,
they make you human and getting clear, honest answers is
one of the best ways to replace fear with confidence.
(31:45):
And I can tell you as well. People come in,
they're nervous to sitting down, and the question we ask everybody,
why are you here today? And what's on your mind?
You got to soften the blow, you know, don't come
in punching, you know, like you're in a boxing ring.
That ain't going to work.
Speaker 2 (32:00):
Well. You know. It's interesting though many people think, well,
if you have a lot of money, they're never worried
about what I'm about to talk about. But it doesn't
matter how much money you have and how much you've saved,
because the common question that people ask us are the
following and let's break down the first one. Am I
going to run out of money? Yeah? I mean people
(32:22):
come in with two hundred thousand dollars and saying, what's
my income plan? How do I get the most income possible?
And am I going to run out? And then I
got people who come in with twenty million dollars and say,
am I going to run out of money? And we
laugh inside in a good way, because we know that
this is a major concern. People have saved, they've accumulated,
but then there's a distribution phase of retirement. That's where
(32:44):
we focus on because this is the fear most retires
carry quietly, and it's completely understandable. When the paycheck stops,
every decision that you make feels bigger. But with a
clear income plan that shows how your money flows in
year after year through good markets and bad, you can
(33:04):
replace the fear with confidence. And most people are so
surprised to learn that they're in a much stronger position
than they thought. And I'll give you an example. Last
week we met with two clients that they're in the
distribution phase of their life. Market's been up and down.
They sat back after I showed them and did a
review with them, and they said, we're not really affected
(33:26):
by this, are we? And they sat back and they
were confused. I said, what do you mean, Tom, And
he said, well, I thought we would be down and
I'm looking at my accounts here and everything looks good.
And he said, can you run that quick like evaluation?
And I just show me if I ever going to
run out of money? And I did and he said,
I said you can take this amount of money every
month until you're one hundred and sixteen years old. And
(33:50):
he sat back, he said, I'm going to live until
hundred and sixteen. And I said, that's my point. They
basically doing what we have done for you already. You're
in a position that you're not going to outlive your money.
And there was such a calm, relief, clarity, confidence boost
that he couldn't wait to leave the office and keep spending.
One thing on that that we always do.
Speaker 3 (34:09):
We do a balance sheet, so when you come in
the first time, we kind of categorize everything to qualified accounts,
non qualified accounts, you know, savings, liquid money, non liquid money.
Because what Chris is saying there, the gentleman did not
know how his assets were structured because he only thought,
like most people take, I got to take four percent
five percent out and then I run out of money. No,
(34:31):
that's not true. If you go with the Maggie plan
that we talk about, simple and easy to understand. Well,
Chris just mentioned this is how we do it. And
for those of you who have worked with us, I'll
probably shaking your head right now saying you know he's right,
because when you come in and we do that. That's
clarity that's going to give you control and more confidence
because what he just said, Now, Chris the guy sat
back and said, well, no one's ever told me that.
Speaker 2 (34:51):
I just thought I have to take out X amount
every month. That's the misconception. So what do they do?
And it's understanding, right, So pick up the phone, schedule
time to meet with us. Eight three three men tax
and you know the first question, am I going to
run out of money? Well that's okay if you have it,
it's understandable. But let's sit there and clarify that for you.
The second question we get a lot is should I
take sole security now or later? And everyone wants to
(35:11):
get this right right. You pay into the system, you
look at it, and people just want to get them
out most out as they can. So when do you
take it? Because the timing can mean tens of thousands
of dollars over your lifetime and the challenge is that
the best age isn't the same for everyone. That's why
when you come to meet with us, we'll run this
analysis for you. If you are thinking when should I
(35:33):
take it? And you have no plan, it starts with
that your tient plan it depends on your income, your health,
your spouse, and your tax prackets. Who's looking at this stuff.
Most people come to us and say, my advisor has
no idea of what to do. You know, I contact
sole security. They don't tell me what to do. So
where do you go? That's where you come. You pick
up the phone, schedule time to meet with us. We
can help you because it depends on your income, your health,
(35:54):
right your spouse. And once you see the numbers laid
out in front of you in your situation, the right
choice becomes clear, and often it saves you far more
than really what you expect. So that number eight three
three Maggie Tax. Visit our website at Maggie tax dot com.
Schedule time to meet with us. We'll go over this
(36:14):
with you.
Speaker 3 (36:15):
And the other question, the last one, what happens to
my spouse if something happens to me. So this question
is emotional and practical at the same time, and it's
one nearly every couple thinks about everybody.
Speaker 2 (36:27):
They joke about it. You know, if something happens to
you or somethimes to me, what are you going to do?
Speaker 3 (36:30):
But losing a spouse can mean changes in social security,
income tax brackets, and required withdrawals, and a strong plan
prepares for those shift ahead of time, making sure the
surviving spouse has the income. I know we joke about it,
but you have to take care of your spouse. You know,
protection and stability they need for the rest of their life.
Because when you when someone passes away, big thing changes. Now, Chris,
(36:53):
you're going to file as single, not as married, and
you're going to lose the deductions.
Speaker 2 (36:57):
People don't realize that, so that's why it so important
incorporate the whole thing. Income planning, tax planning, investment planning.
And here's the truth. You don't have to navigate these
questions alone. You don't have to guess. You don't have
to hope or even stress about whether you're doing the
right thing. Retirement should feel confident, not uncertain, and that
confidence comes from having a real plan. It's called the
(37:18):
Maggie Plan, one built for your life, your income and
your future taxes, income investments. That's exactly what we help
people create every single day, a plan that shows where
your income will come from, how to protect your spouse,
how to reduce your taxes, and how to make sure
your money lasts as long as you do. When you
have that clarity and that confidence, the worry fades. It
(37:40):
does you can finally breathe easier. That's what it is
about having calm, collective thoughts. So even if one thing
we talked about today made you pause and think, yeah,
well I need answers to that, now is the time
to pick up the phone, schedule time to meet with us.
Eight three to three Maggie Tax. That's eight three to
three Maggie Tax.
Speaker 1 (37:59):
Thank you for listen listening to Maggie Tax and Financial
Show with Robert and Chris Maggie of Maggie Tax Wealth Advisors.
Listen here five to six pm every Saturday and from
eleven am till noon every Sunday, or any time on
the free iHeartRadio app. And remember you can pay less
tax with Maggie Tax Program. Content provided by Maggie Tax
(38:19):
Wealth and Advisors. Call them at eight three three Maggie
Tax or visit them online at Maggietax dot com
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Bobby Bones Show
Listen to 'The Bobby Bones Show' by downloading the daily full replay.