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Looking for tax breaks?

Now that your children have moved out, increased taxes can often start moving in. However, you can take steps to reduce their impact.

Strengthen the shell of your nest egg. Maximize retirement contributions, open a Right Choice IRA™ for your spouse or select the option on your income tax return to deposit a portion into a Right Choice IRA™ . All of these options give you the opportunity to increase potential savings and reduce taxable income.

Get the right prescription for tax advantages. Did you know that your health plan can protect your health and affect your tax outlook? If you’re enrolled in a federally qualified High Deductible Health Plan (HDHP), you may be eligible to open a tax-advantaged Health Savings Account (HSA).

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