Account diversification
Holding a mix of taxable, tax-deferred and tax-free accounts can create flexibility in how income is drawn later.
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Decisions in full view
Tax-Efficient Planning
Identify planning opportunities and coordinate with your tax professional so financial decisions consider the broader tax picture.
Overview
Why tax-efficient planning matters.
Taxes touch nearly every financial decision you make — when to draw from accounts, how investments are positioned, how income is timed from one year to the next.
We do not prepare tax returns. Our role is to spot planning opportunities and coordinate with your CPA or tax preparer so the decisions in your financial plan are made with the full tax picture in view.
It is not only what you earn that matters — it is what you keep and how thoughtfully you use it.
What we can help with
- Reviewing the tax character of your accounts and how withdrawals are sequenced
- Discussing Roth conversion considerations as part of your overall plan
- Charitable giving approaches, including qualified charitable distributions where appropriate
- Attention to the tax treatment of investments and realized gains
- Coordination before major decisions — selling a business, retiring or relocating
- Collaboration with your tax preparer so nothing is decided in isolation
Key areas of focus
Where we put our attention.
Every plan is personal, but these are the areas we focus on most closely when helping clients with tax-efficient planning.
Roth considerations
We help evaluate whether Roth contributions or conversions may make sense within your broader plan, in coordination with your tax professional.
Charitable strategies
For charitably minded clients, approaches like qualified charitable distributions may fit your giving and your plan.
Year-round attention
Tax planning is not only an April conversation. We look for opportunities throughout the year.
A good fit if you are
- Approaching required distributions
- Large tax-deferred balances
- Charitably inclined
- Planning a business sale
- Retiring or relocating
Questions we help you answer
Clarity starts with the right questions.
- 01Which accounts should I draw from to manage my tax picture?
- 02Could a Roth conversion make sense for me?
- 03How do required minimum distributions fit into my plan?
- 04How can my charitable giving be more intentional?
- 05What should I consider before selling investments or a business?
How we work together
A steady, step-by-step approach.
1
Gather
We review recent returns and the tax character of your accounts.
2
Identify
We look for planning opportunities within your financial plan.
3
Coordinate
We discuss ideas with you and your tax professional.
4
Revisit
We check in throughout the year as income and rules change.
Common questions
Good to know.
Have a question that isn't here? Call us at (215) 646-9700.
CDS Wealth Management does not provide tax advice or prepare tax returns. We coordinate with your tax professional, who makes the final determinations.
No. We do not provide tax advice or prepare returns. We coordinate with your CPA or tax preparer, who makes the final determinations.
Your next chapter starts here
Let’s talk about your plan.
Schedule a consultation to discuss how tax-efficient planning fits into your complete financial picture.