Tax Planning

Tax Planning

At Chris Reddick Financial Planning, LLC, tax planning is an integral part of your financial strategy — not an afterthought. We help clients understand how taxes affect every major life decision, from retirement income to investment choices, and we build strategies to keep more of what you earn working for you.

As a fee-only, fiduciary planner with both CFP® and Enrolled Agent credentials, Chris brings deep tax expertise to the planning process. We don't prepare tax returns, but we do help you plan decisions that reduce tax drag, avoid costly surprises, and align with your long-term goals.

What Does Tax Planning Focus On?

Our tax planning guidance includes:

  • Income tax optimization across years and buckets

    We help you manage income and deductions over time — not just for the current filing year — to reduce lifetime taxes.

  • Retirement income sequencing

    We coordinate withdrawals from IRAs, Roth accounts, HSAs, and taxable accounts to minimize taxes and maximize flexibility in retirement.

  • Roth conversion strategies

    We model and time conversions to take advantage of favorable brackets while avoiding unnecessary tax surges.

  • Social Security & Medicare tax impact planning

    We consider how income levels affect Social Security taxation, provisional income, and Medicare IRMAA surcharges.

  • Capital gains planning

    We help you plan the timing and placement of assets to control long-term capital gains and match your personal tax picture.

  • Tax implications of employment benefits

    Including pensions, employer retirement plans, 403(b)/457(b) plans, and education benefits common to educators and public service professionals.

Why Does Tax Planning Matter for Educators and Public Service Professionals?

Tax decisions shape your financial outcomes every year, but especially as you approach retirement. Teachers, professors, and government employees often face unique tax situations — from pension taxation to TRS coordination with Social Security. Thoughtful tax planning can:

  • Reduce the share of your income paid in taxes over time
  • Protect retirement income from unnecessary Medicare IRMAA surcharges and Social Security taxation
  • Improve cash flow and financial confidence
  • Preserve more wealth for legacy and goals

How Do We Work Together on Tax Planning?

Tax planning isn't a one-time event. We review your strategy regularly — especially before key life transitions like retirement, a career change, or a major financial decision — to adjust for changes in the tax code, your goals, and your financial situation. Many clients include tax planning as part of the Platinum Subscription Plan, which includes annual tax review before filing.

Ready to Reduce Your Tax Burden?

Schedule a free consultation to discuss how proactive tax planning can save you thousands over your lifetime. Or book a one-hour session if you have a specific tax question.