Maximize Your Savings with Tax Deferred Accounts
A strategic approach for Raleigh investors to grow their wealth while deferring tax liabilities.
Request ConsultationWhat is it?
Tax Deferred Accounts, such as 401(k)s and IRAs, allow individuals to invest money without paying taxes on the earnings until withdrawal. This strategy is particularly beneficial for Raleigh investors looking to maximize their retirement savings while minimizing current tax burdens. By contributing to these accounts, you can take advantage of compound growth over time, as your investments can grow without the drag of annual taxes.
Understanding the contribution limits and withdrawal rules is essential for effective planning. Tax deferred accounts not only provide a tax advantage but also encourage disciplined saving for retirement, ensuring that you are better prepared for your financial future.
Quick Stats
Who it's for
Exit-Stage Business Owners
Preparing for a business exit and looking to minimize or defer capital gains tax.
Real Estate Investors
Managing passive income, capital gains, and depreciation — always seeking more efficient structures.
Tech Employees with Equity
Navigating RSUs, stock options, and capital gains — tax timing is everything.
High-Income W-2 Earners
Earning strong salaries and looking for advanced tax strategies beyond retirement contributions.
Pre-Retirees (50s–60s)
Looking to optimize the last decade of earnings, reduce taxes, and structure guaranteed income in retirement.
Our Approach
Evaluate Your Retirement Goals
Determine how much you need to save for retirement and your target retirement age.
Choose the Right Account Type
Research different tax-deferred accounts to find the best fit for your financial situation.
Maximize Contributions
Aim to contribute the maximum allowable amount to take full advantage of tax benefits.
Monitor and Adjust
Regularly review your accounts and adjust contributions as needed to stay on track with your goals.
What we can do
Roth vs. Traditional Contribution Guide
A side-by-side breakdown of Roth and Traditional IRA/401(k) contributions, customized to your income and goals.
- Income threshold review for Roth eligibility
- Tax impact analysis today vs. in retirement
- Required Minimum Distribution (RMD) comparison
- Employer plan contribution strategies
- Recommendations based on your time horizon
- Summary table for quick decision-making
Backdoor Roth IRA Strategy Guide
A comprehensive guide to effectively utilizing the Backdoor Roth IRA strategy for tax-free growth.
- Step-by-step instructions for contributions
- Tax implications and benefits explained
- Eligibility criteria for high-income earners
- Conversion process from Traditional IRA to Roth
- Common pitfalls to avoid during the process
Mega Backdoor Roth IRA Strategy Guide
An in-depth exploration of the Mega Backdoor Roth IRA strategy for maximizing tax-advantaged retirement savings.
- Detailed contribution limits and strategies
- Tax benefits and implications for high earners
- Eligibility requirements for utilizing the strategy
- Step-by-step guide to executing the Mega Backdoor Roth
- Common mistakes to avoid during implementation
Why Fortress?
Fortress Financial Partners simplifies wealth management with a modern Family Office approach integrating investments, taxes, insurance, and estate planning all together under one roof.
Fiduciary Integrity
We operate with honesty, transparency, and ethical responsibility in every decision.
Expertise
Our team brings deep industry knowledge and strategic insights to guide your financial future.
Trust
Building lasting relationships through reliability, consistency, and client-focused service.
Client-First
Your goals drive our strategies, ensuring personalized solutions that align with your needs.
Growth
We focus on long-term financial success, helping you build wealth and security for the future.
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FAQs
These are investment accounts that allow you to defer taxes on earnings until you withdraw funds, typically during retirement.
Anyone looking to save for retirement while reducing their current taxable income should consider these accounts.
Common examples include 401(k)s, traditional IRAs, and certain annuities.
Yes, withdrawing funds before age 59½ typically incurs a penalty, along with regular income tax on the amount withdrawn.
Contribution limits vary by account type and are adjusted annually; for example, the limit for 401(k)s is often higher than for IRAs.
Yes, you can have multiple accounts, but total contributions must still adhere to IRS limits.