Preparing For Rising Taxes: Tax Efficiency Through Tax Funnels

The Roth Guy with Jude Wilson

We talk about the ticking tax time bomb a lot on this show regarding the national deficit. It’s a reality we are faced with, and while it sounds scary, there are action steps that you can take to minimize the impact of potential future tax increases on you.

In this episode, Jude and Marc explore how tax efficiency funnels can be utilized to optimize your financial strategy and mitigate the risks associated with these rising taxes. Jude breaks down the three tax funnels- the pre-tax funnel, the post-tax funnel, and the tax-advantaged funnel- and discusses the benefits and drawbacks of each.

With the Tax Cut and Jobs Act set to expire in 2025, the window for taking advantage of current low tax rates may be closing. It’s important to strategize now and prepare for the potential changes ahead.

Here’s some of what we discuss in this episode:

0:00 – Intro

5:06 – The pre-tax funnel

7:05 – The post-tax funnel

8:37 – The tax-advantaged funnel

9:01 – Real-world example

13:24 – Potential expiry of the Tax Cut and Jobs Act

15:17 – Action steps you can take

Connect:

Website: https://centrusfs.com/podcast/

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/