Tax Planning for retirement

Retirement Tax Planning to Maximize What You Keep

Without a proactive tax strategy, a significant portion of your savings could go to the IRS and state revenue—reducing your income and limiting your options. Summit’s tax planning service helps ensure you keep more of what you’ve earned, now and for decades to come. We focus on local and federal tax rules, building plans that adapt to changing laws and your unique income needs. Every client receives a written, personalized tax roadmap designed for confidence, control, and lasting savings.

OUR APPROACH

Tax Strategies That Work for Connecticut Retirees

Summit Retirement Solutions offers a suite of tax-smart solutions tailored to your financial picture:

  • IRA to Roth Conversion Planning:
    We analyze whether converting pre-tax accounts to Roth IRAs makes sense—potentially saving you on taxes both now and in the future.
  • Tax-Efficient Withdrawal Sequencing:
     Guidance on the best order to draw from IRAs, Roths, and taxable accounts to minimize tax exposure each year.
  • Capital Gains Planning:
     Tactics to reduce or defer taxes when selling investments, especially if you need to tap gains for income.
  • Required Minimum Distribution (RMD) Strategies:
     Avoid surprise tax bills by planning your RMDs well in advance, with options to reduce their impact or use qualified charitable distributions.
  • Estate & Inheritance Tax Minimization:
     Planning for Connecticut estate tax thresholds and federal exemptions to help protect more of your legacy for loved ones.
  • Retirement Tax Bill Calculator:
     Our clients have access to a powerful tax calculator to project future tax bills, compare scenarios, and model how different strategies could work for them.

How we can help

Explore Our Tax Tool Calculator 

Retirement should be defined by clarity and confidence — not uncertainty about future tax exposure. At Summit Retirement Solutions, we understand that strategic tax planning is a central pillar of long-term financial security.


By answering a few targeted questions, our Tax Strategy Analysis Tool delivers a comprehensive, personalized projection of your future tax liabilities. More importantly, it helps you evaluate whether a Required Minimum Distribution (RMD)–focused approach or a Roth conversion strategy may better align with your long-term objectives.


With clearer insight into the potential tax impact of each path, you can make informed decisions designed to preserve more of your wealth throughout retirement.

Don’t Let Taxes Eat Away Your Retirement

Why Trust Summit With Your Retirement Tax Planning?

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Proactive, Education-First Approach

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Local Connecticut Focus

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Hands-On, Integrated Planning

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FREQUENTLY ASKED QUESTIONS

Retirement Tax Planning FAQs

  • How can I reduce taxes on my retirement income?

    By coordinating withdrawals, utilizing Roth conversions, and planning for both federal and state tax rules, you can minimize taxes and maximize your income.

  • Do I need a tax plan for retirement?

    Yes—without a plan, you could pay thousands more in taxes than necessary over your retirement. Summit’s strategies ensure you keep more of your savings.

  • What is a tax-efficient withdrawal strategy from my 401(k)?

    This means drawing from the right accounts in the right order, balancing taxes and income needs. Summit builds a custom withdrawal plan for you.

  • How often does Summit update tax plans?

    We review your tax plan annually and whenever major tax law changes occur—so you always stay on top of new rules and opportunities.