*Real names and photos have been altered to protect the privacy of our clients.
Dan and Lola are making more money at their small businesses than they ever have, so they’re paying more in taxes. However, they’re paying much more in taxes than they need to pay.
Their challenges:
After onboarding them to MWA and just before year-end, we quickly sourced plan administrators and set up business retirement plans, while simultaneously coordinating employee retirement contributions with their payroll provider and tax preparer. Once we completed setting up and contributing to the time-sensitive retirement plans, we transitioned their portfolio to one that meets their short- and long-term priorities for tax-efficient growth and leaving a legacy to their two children.
After following the MWA Roadmap, we were able to:
Grow net worth tax-efficiently and maintain flexibility
Minimize taxes while in retirement, leave an inheritance for their daughter
