At Kreppel Tax Advisory Group, we offer expert tax planning services designed to help retirees and pre-retirees effectively manage their tax liabilities. We understand that planning ahead is crucial for keeping your taxes manageable, especially as you approach retirement. Our team provides comprehensive guidance on leveraging deductions, credits, and exemptions to minimize the impact of your W2s and 1099s. We also help you navigate strategic decisions that balance the taxes you pay now with those you might incur in the future, ensuring that you optimize your financial outcomes.

At Kreppel Tax Advisory Group, we recognize that Social Security is a pivotal component of your retirement plan, and crafting an effective strategy requires a personalized approach. We emphasize the importance of consulting with a professional to evaluate your unique financial situation and develop a plan that maximizes your cumulative Social Security benefits while ensuring long-term income security. Our goal is to help you determine the best time to start benefits, considering factors such as your ability to delay benefits, the impact on your retirement savings, and the effects of spousal benefit strategies.

At Kreppel Tax Advisory Group, we assist clients with income planning by carefully transitioning their finances from the accumulation phase to the spending phase of retirement. We address critical factors such as determining sustainable withdrawal rates, optimizing Social Security benefits, and strategically positioning investments to meet income needs while mitigating the risk of running out of money. Our goal is to ensure clients avoid unnecessary tax burdens and eligibility issues for vital programs, providing a secure and balanced income strategy.

At Kreppel Tax Advisory Group, we are dedicated to helping you protect and enhance your family’s legacy by developing a comprehensive estate plan that ensures your loved ones are well taken care of. We work closely with you to craft a sound plan that addresses key aspects such as wills, trusts, and powers-of-attorney, aiming to safeguard your wealth while potentially minimizing taxes. Our objective is to help you leave a lasting legacy, providing maximum protection for your family and simplifying the estate planning process to make it as seamless as possible.

Who will take care of you if you are unable to care for yourself? As the oldest baby boomers begin to wind through their 70’s, one of the biggest concerns may not be outliving income but outliving good health.

Elder care planning is the act of planning ahead so that life’s transitions are as smooth as they can possibly be. Healthcare costs during retirement are increasing and it’s important that you plan appropriately so that you don’t lose a significant portion of your savings to healthcare.