Los profesionales en la mitad o final de su carrera deben comenzar a pensar más seriamente en las perspectivas de jubilación. Las discusiones se centrarán en la gestión de riesgos, estrategias de planificación fiscal, posibles conversiones a Roth, planificación universitaria y revisión de planes patrimoniales. Nuestro objetivo será aumentar tu patrimonio neto con el tiempo y encontrar formas de minimizar tus impuestos ahora y durante la jubilación.
QUESTIONS AND ANSWERS
Tax Planning Questions and Answers
Is my Social Security income taxable?
It can be, depending on your total income. The IRS uses “combined income” — your adjusted gross income, plus tax-exempt interest, plus half of your Social Security benefits — to decide. If combined income exceeds $25,000 for single filers or $32,000 for joint filers, up to 50% of your benefits become taxable; above $34,000 and $44,000, up to 85% can be taxable. No one ever pays tax on more than 85% of their benefits. Despite widespread headlines, the 2025 tax law did not make Social Security tax-free: the taxation rules above are unchanged. What the law actually added is a temporary bonus deduction of $6,000 per person age 65 and older ($12,000 for a couple if both qualify) for tax years 2025 through 2028, which lowers overall taxable income but phases out above $75,000 of income for single filers and $150,000 for joint filers. The combined-income thresholds are not indexed for inflation, so more retirees cross them every year, and income events such as Roth conversions, capital gains, or large IRA withdrawals can pull more of your benefits into taxation. State treatment varies — most states, including Florida, do not tax Social Security benefits.
What is a Roth IRA and how does it work?
A Roth IRA is a retirement account funded with money you have already paid tax on. In exchange, the account grows tax-free, and qualified withdrawals in retirement — including all the investment growth — are completely tax-free once you are 59½ and the account has been open at least five years. Unlike a traditional IRA, a Roth IRA has no required minimum distributions during your lifetime, so the money can keep compounding untouched for as long as you like, and heirs inherit it income-tax-free (subject to the 10-year withdrawal rule). Earners above certain income limits may still be able to fund a Roth through a backdoor Roth contribution or a Roth conversion, but both have their own tax rules.
Should I convert part of my traditional IRA to a Roth IRA?
A Roth conversion moves money from a traditional IRA to a Roth IRA, and the untaxed amount converted is generally taxable in the year of conversion. It can make sense when you expect to be in a lower tax bracket now than later, want to reduce future RMDs, or value tax-free Roth distributions later. It can also help households build tax diversification. For many retirees, the best answer is often a series of partial conversions, not one large conversion. Conversions can increase current-year tax, may affect taxation of Social Security, and can increase Medicare Income-Related Monthly Adjustment Amount (“IRMAA”) later.
How does tax-loss harvesting work?
Tax-loss harvesting means selling investments in a taxable account at a loss so the loss can offset capital gains. If losses exceed gains, up to $3,000 of ordinary income can be deducted per year for most taxpayers. Unused losses can generally carry forward. Done well, it can improve after-tax results while keeping the long-term investment plan intact. Wash-sale rules matter. IRS guidance says you generally cannot deduct a loss if you buy substantially identical securities within 30 days before or after the sale.
What is IRMAA and how can I avoid surprises?
Income-Related Monthly Adjustment Amount (“IRMAA”) is the income-related surcharge that can increase Medicare Part B and Part D costs when your modified adjusted gross income is above certain levels. The most practical way to avoid surprises is to model big income events in advance, such as Roth conversions, large capital gains, and bonuses or deferred compensation payouts.
What is asset location?
Asset location is the decision about which investments belong in which accounts. It is different from asset allocation. Asset allocation decides your stock-bond-cash mix; asset location tries to place those assets in taxable, tax-deferred, and Roth accounts in a more tax-efficient way. Broad rules of thumb, such as placing less tax-efficient assets in tax-advantaged accounts first, can help, but the right answer depends on bracket, account mix, time horizon, and municipal-bond use.
Construyamos Tu Futuro Juntos
En Mazuelos & Company Wealth Management, entendemos que cada cliente es único, al igual que su trayectoria financiera. Ya sea que estés planificando la jubilación, haciendo crecer tu patrimonio o asegurando tu legado, estamos aquí para guiarte en cada paso del camino.
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Disclosures
The information presented in these questions and answers is provided for general educational and informational purposes only and does not constitute personalized investment, legal, accounting, or tax advice. The figures cited reflect federal rules and limits for tax year 2026, are subject to change, and may not apply to your situation; state rules vary. Nothing on this page should be interpreted as a recommendation to buy or sell any security or to adopt any particular strategy. All investing involves risk, including the possible loss of principal, and past performance does not guarantee future results. Diversification and asset allocation do not ensure a profit or protect against loss. Mazuelos & Company Wealth Management is a registered investment adviser; registration does not imply a certain level of skill or training. Before acting on any information presented here, you should consult a qualified financial, tax, or legal professional regarding your specific circumstances. Additional information about the firm, including its Form ADV is available at adviserinfo.sec.gov.