Tag: Retirement Tax Planning
Why Taxes Often Go Up in Retirement, and What Planning Ahead Can Change (Ep. 194)

Why Taxes Often Go Up in Retirement, and What Planning Ahead Can Change (Ep. 194)

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Many people enter retirement expecting their taxes to decline, but for many retirees, the opposite happens.

In this episode, Larry explains why retirement income often becomes more taxable over time and how a lack of coordination can quietly increase stress, healthcare costs, and long-term tax exposure.

In this episode, Larry Heller, CFP®, CDFA®, discusses:

  • Why retirement is often not a low-tax phase of life
  • How required minimum distributions, Social Security, and taxable accounts interact
  • Common tax mistakes retirees make when planning starts too late
  • Why tax planning should be ongoing, not a once-a-year conversation
  • How income decisions can affect Medicare premiums and overall cash flow
  • Ways proactive planning may help retirees reduce surprises and stay in control
  • And more!

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Top Retirement Tax Pitfalls to Avoid with Rob Premselaar (Ep. 180)

Top Retirement Tax Pitfalls to Avoid with Rob Premselaar (Ep. 180)

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Think you’ve done everything right for retirement? One overlooked tax detail could cost you thousands.

In this episode of Retirement Unlocked, Larry Heller, CFP®, CDFA®, welcomes Rob Premselaar, CPA and founder of Premselaar CPA LLC, to shed light on the hidden tax pitfalls that can derail even the most carefully crafted retirement plans.

They explore the real impact of Required Minimum Distributions (RMDs), the surprise taxation of Social Security benefits, and the often-misunderstood IRMAA Medicare surcharge. Rob also shares proactive strategies for minimizing taxes in retirement, including qualified charitable distributions (QCDs), the pros and cons of Roth conversions, and key planning opportunities for business owners approaching or entering retirement.

Discussions in this release include:

  • The income thresholds that quietly increase your Medicare premiums (IRMAA)
  • Why Roth conversions are often misunderstood and underutilized
  • How to navigate RMD timing and avoid excise penalties
  • How Medicare surcharges can catch retirees off guard and what to do about them
  • Advanced planning opportunities using cash balance plans
  • And more!

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About Our Guest:

Rob is the Owner of Premselaar CPA LLC, managing a portfolio of small-to-medium sized businesses and high-net-worth individuals, providing tax planning, tax strategy, tax filing, and CFO business services. Premselaar CPA LLC provides outstanding service to its clients because of its dedication to the three underlying principles of quality, professionalism, and responsiveness.