Retirement Planning

Ensuring you hold onto as much of that retirement savings you spend your lifeblood to build requires some tax-savvy planning.

It’s easy to underestimate just how significant of a role taxes play on the size of your nest egg. We’ve seen a lot of people focus on the balance in their retirement accounts, but never give a second thought to just how much of it the IRS will lay claim to. Which is why implementing retirement planning strategies for tax savings now will set you up for a better outcome when the time comes to start tapping those retirement savings.

Retirement Savings Strategies for Every Stage of Life

One thing we consider in retirement planning is coming up with the right for your stage of life – because the strategies you implement at 35 won’t be the same as those when you’re 45, 55, or already retired.



1. 20s, 30s, and 40s

Building your retirement savings



2. 50s and 60s

Nearing retirement



3. 60s, 70s, and beyond

Living in retirement

Retirement savings strategies look like this…



Examining all the ways you can reduce taxes on your retirement savings from contributing to various account types (401k, IRA, Roth IRA) to catch-up contributions to RMDs to timing your withdrawals.



Discussing investing in annuities to protect your retirement and guarantee income



Keeping track of every deduction you qualify for including catch-up contribution tax breaks and the saver’s credit.



Helping you avoid early withdrawal penalties and determine when is the best time to take retirement distributions.



Determining how to minimize the taxes on your social security payments.



Considering the benefits of a Roth conversion.

Our proactive tax planning strategies will help you avoid the tax time bomb.

Let us help you answer your burning questions about making your retirement last and how you can build toward the retirement you want.

Schedule an appointment

Let Us Help:

AI Productivity Hacks For Your Charlotte Business

Key TakeawaysAI provides the most immediate value when applied to existing business leaks like scheduling, invoicing, and slow customer response times Business owners can use AI as a high-speed data analyst to uncover profit margins, customer segments, and...

What’s My Charlotte Partnership or S Corp Tax Filing Deadline?

Key TakeawaysThe Partnership and S Corp tax filing deadline is Monday, March 16, 2026. These returns don’t calculate tax owed by the business. They generate Schedule K-1s for the owners. You cannot accurately file your personal return without your finalized...

TurboTax vs Tax Preparer: How Should I File My Charlotte Business Taxes?

Key TakeawaysDIY tax software can work for very simple, low-income businesses, but it assumes you already know how to classify transactions and identify tax opportunities. A tax preparer makes sure expenses, credits, and entity decisions are handled legally and...

What Do I Need to Bring To My Tax Appointment With My Charlotte Accountant?

Key Takeaways Personal and business identification details, including Social Security numbers and business IDs Complete income records Documentation that supports deductions, credits, and major purchases Proof of tax payments already made during...

What’s The Last Date For Employers To Send Out W-2 Forms to Charlotte Employees?

Key TakeawaysW-2s and 1099-NECs must be sent to workers by February 2, 2026 (for the 2025 tax year). Those same forms must also be filed with the government by February 2, 2026, whether you file electronically or on paper. If you file 10 or more total...

How Many KPIs Should You Have For Your Charlotte Business?

Key TakeawaysYou only need 5–9 true KPIs for effective 2026 planning. KPIs should connect directly to a specific financial or strategic goal. Too many KPIs dilute focus and slow decision-making. The right KPIs help you act earlier, not just analyze...

Season’s Greetings From Matthew J Rice CPA PC

Season’s greetings from the Matthew J Rice CPA PC team. For you and me both, this week can feel like a blur – trying to finish out last-minute year-end tax moves while making sure the books are wrapping up nicely. And while it’s rather fast-paced here at...

What Are The Year-End Tax Moves to Make Now For Charlotte Business Owners?

Key TakeawaysIt is not too late to create meaningful tax savings before December 31, but the remaining moves are very timing-sensitive. Low-cost, in-stock equipment and supplies are the most realistic last-minute purchases that can still be deducted this...

Big Beautiful Bill Details Charlotte Business Owners Might Have Missed

Key Takeaways The more favorable EBITDA-based business interest deduction limit is back for your 2025 tax year. (New restrictions are coming in 2026.) New R&E rules aren’t automatic. Retroactive benefits for 2022–2024 require elections, deadlines, and...

What Payroll Checklist Steps Do Charlotte Business Owners Need to Complete Before December 31?

Key TakeawaysVerify all business and employee information early. Even small errors in EINs, addresses, or Social Security numbers can create big filing issues. Review 2026 compensation rules now. State and local minimum wage increases and the Social Security wage...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!