- Tax PlanningOne essential part of planning for your retirement is determining your current and future tax liability and developing a tax strategy to help minimize the amount of taxes you pay during retirement. Tax planning is an integral part in planning your legacy and can directly impact the amount of wealth you will be able to hand over to your heirs and beneficiaries. We recommend taking steps to ensure that your customized retirement plan is able to take advantage of any possible tax credits and deductions to help secure and maintain what you’ve worked hard to save.
- Tax Services
- Roth IRAWhen it comes to your 401(k) or traditional IRA, the IRS calls the shots. They tell you how much you’ll pay in taxes. They tell you when you have to take withdrawals. They tell your beneficiaries how much they’ll pay in taxes, if you leave it as part of your estate. But when you convert your traditional retirement account into a Roth IRA, you have the power to call your own shots.
- Tax DeductionsYou’re likely familiar with traditional retirement accounts such as 401(k)s, 403(b)s, and IRAs; and you probably have at least one of them. Traditional retirement accounts give you a tax deduction on the front end so you don’t have to pay income taxes on the money you contribute until it’s time to withdraw. This allows your account value to grow more quickly.
- Income TaxSome life insurance policies may allow the death benefit to be accelerated out before the insured’s death due to terminal or chronic illness, and that benefit may be income-tax free.
- Tax DeferralIf you answered “yes,†it’s time to get acquainted with the MYGA edge. MYGAs – Multi-Year Guaranteed Annuities – offer a guaranteed fixed interest rate for a pre-determined number of years. MYGAs protect your money from market volatility, which can be an excellent hedge against future uncertainty. MYGAs also offer tax deferral similar to a traditional fixed index annuity.
- Investment ManagementAt Maggi Investment Services, LLC, our main objective is to help our clients accomplish their evolving investment aspirations and goals in today’s complex investment marketplace. The advice and recommendations you’ll receive are custom-tailored to you, factoring in your risk tolerance, desired returns, time frame, and income specifications. With market insights and our personalized approach to asset maximization, we offer innovative solutions for our clients. Our team of professionals shares a common vision for success and customer service, and we provide investment management that caters to each specific investor.
- Mutual FundsAsset allocation is a management process that consists of combining various asset classes (stocks, bonds, mutual funds, and more) into a portfolio. Returns are sought from the portfolio as a whole, and not each individual security. This approach to asset allocation addresses potential risk through proper diversification while also pointing your assets toward achieving growth.
- Bonds
- Wealth ManagementAs experts in the fields of financial advisory and wealth management, Bobby and Chris Maggi share their insights and knowledge on beneficial topics to assist you in becoming fiscally fit every week on radio and television. Click on the button to catch their most recent programs, their guest appearances on various Tampa Bay Region talk shows, and to learn about their book, “Stop Funding Uncle Sam’s Retirementâ€
- Accounting Services
- Financial PlanningUnlike past generations, most Americans today don’t have the peace of mind of receiving a pension in retirement. This means the burden of financial planning for retirement falls heavily on us as individuals. That’s where Maggi Tax Advisory & Financial Group comes in.
- Retirement PlanningUtilizing the help of certified public accountants can be important to your business. Such a team can help monitor tax law changes specific to your retirement planning, provide sound and dependable tax strategy recommendations, and serve as your advocate in tax matters.
- AnnuitiesKirk, who originally grew up just outside of the motor city of Detroit, has called Florida his home since 2006. Although from Michigan, he bleeds scarlet and grey for THE Ohio State University. As a licensed insurance advisor specializing in life, health and annuities, Kirk also oversees Medicare enrollment and Social Security maximization. Along with his wife Monique and two beautiful children, Mason and Paige, they’re a family of four that believe in traditional values, faith and family dinners. Outside of the office you can almost always find the four of them on a beach somewhere in the state of Florida.
- Asset ManagementAs a fiduciary, we have an obligation to ensure the appropriate products, services, and recommendations are chosen based on the clients’ best interest. Therefore, we develop your personalized asset allocation model based on individual risk tolerance, objectives and financial needs. Our goal is to maximize your investment returns through diversification of your assets* and a disciplined investment philosophy combined with rigorous risk management.
- Living TrustsHelp your loved ones distribute your assets according to your wishes privately while avoiding court overview.
- College Funding