$5,000 in Dividends Cost Her $8,000 in Tax || 21
Hey everyone, In this episode of Everything They Never Told You, Brad Johansen and CFP® Joe Wirbick reveal how the wrong investments in the wrong accounts can silently cost retirees thousands in unnecessary taxes every single year. Joe shares the story of a client whose $5,000 in annual dividends was triggering nearly $8,000 in extra taxes. One simple repositioning of investments between accounts dropped her tax bill by 90%. Most advisors never even looked. Joe explains why accumulation-focused advisors routinely miss this, and what a true retirement income plan actually addresses. In this episode, Joe and Brad cover: 🔹 Why most advisors avoid tax conversations and what that costs you 🔹 The real story behind Social Security taxes and what the One Big Beautiful Bill did and did not change 🔹 How RMDs have grown to $100,000+ for many retirees and why pushing them off can backfire 🔹 The inherited IRA trap: what your children will actually owe in taxes when they inherit your IRA 🔹 Why Roth conversions still matter and how the new tax code changes the strategy 🔹 Roth 401k contributions: why Joe believes the Roth is mathematically better in nearly every case 🔹 How Joe's planning software runs millions of scenarios in minutes to find your best tax outcome Joe also walks through how Social Security timing, Roth conversions, and RMDs are all connected. Change one, and your entire tax picture shifts. That's why a written financial plan, reviewed and updated every year, is the foundation of a retirement that actually keeps more money in your pocket. 👉 If taxes are the biggest threat to your retirement savings, Joe and the Sequinox team want to show you exactly where you stand. Use the free tax calculator at everythingtaxtest.com to get started, then call 844-403-2275 for a complimentary written financial plan. __________________________________________________________________________ 💬 We'd love your input: Has your advisor ever talked to you about your tax liability in retirement, or has it been mostly about investment returns? Let us know in the comments. __________________________________________________________________________ 🎬 If you found this video helpful: ⇉ Please like and share it. ⇉ Tap the bell 🔔 for more updates. ⇉ Subscribe to this channel to stay connected with Everything They Never Told You. __________________________________________________________________________ 📧 For Business Inquiries: [email protected] Call 877-441-4901 Visit Sequinox.com __________________________________________________________________________ DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities, all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. SEQUINOX WEALTH MANAGEMENT, LLC 941 Wheatland Ave, Suite 101, Lancaster, PA • (717) 397-7957 • www.sequinox.com Fees: 1.45% under $1m, 1.24% over $1m (plus underlying product expenses). Status: Investment advisory services offered through SEQUINOX WEALTH MANAGEMENT, LLC (CRD 335246). Insurance Lic. 366531 (PA, AZ). Risks: Investing involves risk; past performance is not a guarantee. Insurance guarantees rely on the insurer's claims-paying ability. Accreditations: CFP® – https://certificates.cfp.net/31f7f3a0-a820... ADV/Disclosures: https://adviserinfo.sec.gov/firm/summary/3...

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