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| Name | Tax Strategies for High Income Earners to Help Reduce Taxes |
| Video Uploader | Video From Sierens Financial Group |
| Upload Date | This Video Uploaded At 12-07-2021 18:30:20 |
| Video Discription | This video covers 11 tax strategies for high-income individuals and families to help reduce taxes and keep more of your hard-earned money with you and your family. Whether you are a high-income earner looking for tax strategies to reduce your tax bill or you have maxed out your retirement accounts and just wondering where to save your surplus in the most tax-efficient way, this video will provide actions to help both your short-term and long-term tax bills Podcast: https://lifemoneyshow.com/ Website: https://sierensfinancialgroup.com/ FB: https://www.facebook.com/SierensFinancial LinkedIn: https://www.linkedin.com/in/scott-sierens-sfg/ Other Helpful Videos on Topics Mentioned: 401k vs. Roth 401k - https://youtu.be/N9Dn_7D3GB0 Capital Gains Tax - https://youtu.be/k2mo3r370zE Tax Planning - https://youtu.be/7Sfty05bQAA Health Savings Accounts - https://youtu.be/-XQWxiNUJYQ As your income rises, your tax rate rises. When this happens not only is your income being taxed at a higher rate, but you will also pay a higher tax rat on any interest, dividends and gains that you have in non-retirement accounts. One of the challenges becomes how to reduce taxes for high income earners. In this video, I cover 11 tax saving strategies for high-income earners. 1. Strategies in utilizing retirement accounts 2. Strategies for Investment in non-retirement accounts 3. Contributing to a Health Savings Account 4. Deferred Compensation Plans 5. Contributing to 529 Plans 6. Utilizing Tax-Deferred Annuities 7. Choosing the Right Business Structure 8. Utilizing Life Insurance that Builds Cash Value 9. Investing in Real Estate 10.Charitable Strategies 11. Gifting #HighIncomeEarners #TaxStrategies #ReduceTaxes |
| Category | Education |
| Tags | high income earners tax strategies | tax strategies for high income individuals | tax strategies for high income earners | how to reduce taxes for high income earners | tax saving strategies for high income earners | tax planning strategies 2021 | ways rich people avoid paying taxes | scott sierens | sierens financial group | tax strategies | tax secrets of the wealthy | back door roth ira | health savings account | deferred compensation plans | how the rich avoid paying taxes | 529 plans |
