H&H Tax and Business Advisors


Retirement Planning

As you near retirement, the traditional strategy has been to move growth seeking products to more conservative fixed income products. This may have worked fine when retirement was only expected to last 5 to 10 years; however, it is not unusual for someone to retire at age 65 and live past age 90. You may want to consider a retirement plan for your nest egg to potentially last 25 to 30 years

Income Planning

It is in your best interest to develop a retirement income plan that is designed to protect you from depleting your retirement savings. We can help you design an income plan that incorporates insurance and investment vehicles for long-term growth. We will guarantee income throughout your retirement. 

Asset Protection

Twenty-first century asset protection calls for more than just strategic asset allocation. Product allocation (buying instruments that can protect your portfolio from negative returns early in retirement) is generally considered a more effective means of protecting assets. Diversifying your retirement assets among a variety of vehicles—both insurance and investment oriented, depending on what is appropriate for your situation, may offer you the best chance of meeting your retirement income goals.

Tax Planning 

You may want to consider incorporating tax planning into your portfolio and all of your financial decisions because of the steady rise in taxes. Investing in a tax-deferred vehicle means your money will compound interest for years, unfettered by income taxes, allowing it to earn interest at a faster rate. While very few investments avoid taxes altogether, many allow you to defer paying them until retirement, when you may be in a lower tax bracket.

Estate Planning 

Estate Planning is determining where your assets will go after you die. Without a properly structured estate plan, your wishes may not be fulfilled, and your loved ones could be hurt both emotionally and financially. The estate laws constantly change, therefore, it is imperative to work with an experienced estate planning professional to advise you on an ongoing basis.

Wealth Accumulation 

The longer you invest, the more time your money has to compound interest. If your portfolio has not fully recovered from losses in recent years, you may want to consider a more aggressive allocation in order to get back on track to accumulating wealth. Keep in mind that conservative retirement plans have only a portion of the assets invested in the stock market. The other allocations should be set aside for more conservative investments and secured income contracts. We work with you to provide ongoing portfolio management to protect your wealth against the next market correction. 

IRA and 401k Planning 

When you change careers or retire, there are four options you have regarding the money in your employer-sponsored retirement plan. The first option is to leave the money where it is at. The second option is to take the cash and potentially pay income taxes, as well as, a 10% federal penalty tax if you are younger than age 59.5. The third option is to transfer the money to another employer plan, if applicable. The fourth option is to roll the money into an IRA. Rolling your money over from one qualified plan to another allows your money to continue growing tax-deferred until you receive distributions in retirement. We can help you determine the best vehicle to help conserve and grow your rollover assets. 

Life Insurance 

Life insurance is not for those who have passed away—it is for those who are left behind. When shopping for life insurance, consider the monetary cost of you family's standard of living, as well as, paying for your funeral and estate costs. You should seek coverage between 7 and 7 times your gross annual income. There are various types of policies that fall into two categories: term and permanent. Term insurance generally provides coverage for a specific period of time and pays out a specific amount of coverage to your beneficiary only if you die within that time period. You pay the same premium amount until the policy ends. Permanent insurance does not need to be renewed. A permanent insurance policy will stay in effect for the rest of your life as long as the premiums continue to be paid. 

Legacy Planning 

IRA accounts have become one of the largest types of assets inherited by beneficiaries. If you do not anticipate needing your IRA money in retirement, you may want to consider a legacy planning strategy to reduce taxes and increase the payout your beneficiaries will inherit. A properly structured IRA may provide your beneficiaries a regular stream of income while leaving the balance of IRA assets invested for tax deferred growth. The result may yield a substantially larger amount of money paid out over the course of your beneficiaries lifetime. We can help you evaluate your financial scenario to determine if IRA legacy planing may be the best route for your loved ones. 


There are various types of trusts that can be an advantageous means to transfer your assets in the future. Most trusts also provide current benefits, such as tax deferral and deduction. Unlike a will, a trust will avoid probate upon your death.

Charitable Giving 

Creating a charitable gift giving plan may provide you with multiple tax breaks: an income tax deduction, the avoidance of capital gains on highly appreciated assets, and no estate taxes in the charitable contribution upon your death. Therefore, you may want to consider integrating a philanthropic institution into your financial and estate planning.


Probate can be a lengthy and costly legal process that oversees the transfer of your assets upon your death. If you do not create a will or set up a trust to transfer your property when you die, the state will determine what happens to your estate. If you do not have a will or other form of legal estate planning, there is a possibility that your property will go to the state instead of your family.

Long Term Care 

Retirement plans may or may not be responsible for your long term care. Home health care and nursing home care are costly expenses; therefore, it is important to plan ahead to protect yourself from such costs. We can evaluate your situation and determine if purchasing a long-term care policy is in your best interest to insure your future. 

Document Preparation

H&H Retirement Design and Management, Inc. and its' registrant provide document preparation services for the following: New Business Licenses and Permits, Professional License, and Document Preparation. 

Registration #: NVDP201592671

Expiration Date: 02/05/2020