how to save money in taxes

By: Jonathan Coughlin, Private Wealth Advisor with Munroe Morrow Wealth Management

 

 

 

Many retirees are overpaying the IRS simply because their portfolios aren’t optimized for tax efficiency.

In this latest video, Jon breaks down how a deep dive into a client’s tax return uncovered $70,000 in tax savings. He explains the critical differences that most investors (and even some advisors) overlook:

  • The “Taxable Interest” Trap: Why holding certain assets in the wrong accounts creates an unnecessary tax drag.

  • Ordinary vs. Qualified Dividends: How the way your investments pay you can significantly change your tax bracket.

  • The Power of a Second Look: Why a standard tax filing doesn’t always mean your strategy is optimized for retirement income.

A few small adjustments to where your income comes from can result in life-changing savings over the course of your retirement.

Are you certain you aren’t overpaying the IRS? Let’s review your strategy together. Schedule a conversation.

 

Munroe Morrow Wealth Management is a full-service wealth management firm located in Boston, MA. We work with retirees across the US to help them make confident financial decisions.

This material is for general information only and is not intended to provide specific advice or recommendations for any individual.