Tax strategies

As Ben Franklin aptly pointed out over two centuries ago, taxes are one of the certainties of life. Our challenge is to use the provisions of the tax code to our advantage wherever possible.

For example, income can be from earned (employment) or unearned (investment) sources, and can be taxed today, taxed later (deferred) or not taxed at all (exempt). How we decide to hold our assets and receive our income will have the greatest impact on our income taxes.

Everyone knows that the tax code is extremely complex. Many types of assets (tax-exempt bonds, retirement plans, annuities, and cash-value life insurance to name several) offer significant tax advantages. Working with a financial advisor who understands the tax implications of your financial decisions will help assure that you are making those decisions while considering pertinent information, that may result in tax savings. For help in identifying strategies to reduce your taxes, you may contact a Securian Financial Services representative in your area.

*This information should not be considered tax advice. You should consult your tax advisor regarding your own tax situation.

Securities and Investment Advisory Services are offered through:
Securian Financial Services, Inc.
400 Robert Street North, St. Paul, MN 55101-2098
Securities Dealer, Member FINRA/SIPC
A Registered Investment Advisor
1-888-237-1838