STEP 4 - Reduce Your Taxes

Saving and deferring taxes is where we can make the most impact with the investment strategy of your mason jars. There are two main areas were this can be accomplished. The first is on the account level. By sheltering your funds in an IRA, Roth IRA or one of many retirement account options we can either cut your tax bill, defer taxes to a later date and/or reduce your tax bill when you are older.

For some small business owners we an explore retirement accounts that can shelter upwards of $250,000 per year if you have the available cash flow.

The second way we can save taxes is on the actual investment choices inside the accounts. Certain investments are better served in IRAs versus Roth IRAs versus taxable accounts. By simply putting the correct investments in the proper accounts we can reduce your tax burden.