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October 2018 » IRA Planning at Every Age
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David M. Barral, CPA/PFS, CFP
Retirement planning may be critical at older ages, but it is just as important at younger ages as well. CPAs have the opportunity to review individuals' tax situations at least once a year when the annual return is prepared. This distinct advantage allows CPAs to pinpoint specific planning opportunities that other advisors may be missing. While investment advisors may manage the investments within a retirement account, CPAs should be monitoring the tax implications and opportunities every year.
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