Focus Financial Group

Did you know Social Security benefits are TAXABLE? It's true. In 2020, retirees will pay $38.9 Billion in taxes on their Social Security! The good news is, with proper planning, you can avoid paying taxes on your Social Security benefits. In fact, we help our clients retire into a 0% tax bracket so they never pay taxes on ANY of their retirement income. Want to know how? Contact us today! Focus Financial Group | focusfg.net ... #TaxFreeIncome #retirementplanning #NoMoreTaxes #maximizesocialsecurity See more

L-I-R-P: Life Insurance Retirement Plan Get creative in your planning goals! A LIRP is a powerful tool that can provide substantial tax-free income in retirement along with the potential for a multi-generational transfer of wealth. If you are looking for a powerful retirement vehicle that combines protection, aggressive growth, and tax mitigation, then a LIRP might just be the answer. https://bit.ly/3iJNd1E... Focus Financial Group | focusfg.net #retirementplanning #taxfreeincome #protectyourwealth See more

As COVID-19 continues to spread, Insurance companies are seeing a spike in life insurance sales. Before you go out and buy the cheapest term policy, know the facts about what happens when your 10-year or 20-year term expires. It could cost you. Focus Financial Group #termlifeinsurance #wholelifeinsurance #financialplanning

The new coronavirus relief law permits savers to skip mandatory withdrawals from their IRA or 401(k) for this year. Or, if you are under age 59 1/2 and need to take a Coronavirus-related distribution, you’ll be able to do so penalty-free. But before you start mortgaging you’re future by tapping into your nest-egg, speak with your financial advisor or tax-professional about your other options. Stay safe!... Focus Financial Group | www.focusfg.net

The SECURE Act went into effect on January 1, 2020. And while we applaud the efforts of our government to improve the retirement planning landscape, like most things, they can’t seem to get it quite right. Check out our latest post as we pull back the curtain on the 2020 SECURE Act. http://bit.ly/2TInLjG | Focus Financial Group