• Philip D. Capriotti, Sr., President and CEO of Senior Tax and Insurance Advisors founded his company in 2005 from the desire to help his clients who were approaching retirement. Phil wanted to assist his clients in structuring a comprehensive, realistic Retirement Income Plan, based on distribution planning, rather than on traditional “Nest Egg” or accumulation planning. As an Ed Slott Master Elite IRA Advisor, Phil educates his clients, so they can make solid, risk-free retirement planning decisions.

    One of the most important priorities of retirees today is a Retirement Income Distribution Plan. In order to accomplish this goal, we must first start with Social Security benefits. Unfortunately, many advisors simply overlook this important variable.

    To better understand Social Security, we must look at all the strategies that are available to the individual or the couple. There are a total of nine different strategies. Our firm begins by running each client a personalized Social Security Maximization Report, utilizing our sophisticated software which is second-to-none in the industry. Next, we review the report and the client’s claiming options. Then we structure any pensions our clients own and review all spousal benefit options. We also explain how RMD’s (Required Minimum Distributions) must be taken from their IRA, 401K, 403B, and all qualified plans. We structure an RMD Distribution Report and take care to caution our clients regarding the 50% penalty if they miss an RMD distribution for each and every year missed. Finally, we create a Retirement Income Planning Report for our clients. This report structures all sources of income, taxes, and inflation along with the individual client’s retirement income goals in an understandable and easy-to-read format.

    We are proud to be able to guide our clients through their retirement years, helping them to achieve their retirement income goals, and thereby allowing them to RETIRE WITH CONFIDENCE!