Residents Can Learn About Minimizing Taxes and Achieving Financial Security in Retirement

We all understand that taxes are inevitable. However, there are numerous ways to protect retirement income from higher taxes and achieve financial security in retirement with sufficient advance planning as part of a comprehensive financial plan.

Connecticut financial planning and wealth management firm Fuchs Financial, led by founder Ben Fuchs, will be sharing their expertise regarding taxes in retirement with local residents on Tuesday, July 8, 2025 in Harwinton.

The firm, with offices in Middletown, West Hartford, Middlebury, and Mystic, will be offering a “How to Minimize Taxes in Retirement” session at the local library – free of charge – with advance registration required. Fuchs Financial was recently voted Best Financial Management Company for 2025 in the Best of Hartford Readers Poll, conducted by The Hartford Courant.

“Our goal is to help people to plan for their retirement in a way that is specific to their circumstances and objectives, and which will minimize their taxes and maximize their retirement,” explained Ben Fuchs, a Certified Financial Planner® and Certified Private Wealth Advisor® professional, with two decades of experience. “We look forward to sharing our expertise, and discussing the issues that people are concerned about at the midpoint of 2025, so we can help put them in the best position for retirement.”

The library session will be held at the Harwinton Public Library, 80 Bently Drive, at 12:30 PM. Individuals can sign up by going to https://www.fuchsfinancial.com/events-webinars/

Among the topics that will be highlighted:

• Discover ways to pay the minimum in taxes when rolling over a 401(k), 403(b), 457, thrift savings, or lump-sum pension funds.
• Knowing when and how to withdraw from specific accounts can help keep you from running out of money later in your retirement.
• How to avoid inadvertently making one of the most common errors in your retirement income plan could cost thousands over your lifetime.
• Maximizing Social Security benefits with smart planning.

In addition, the discussion will focus on major challenges individuals may face during their retirement years, and how to plan for those challenges:

• High Taxes – Many retirees face unexpected tax burdens that can reduce their income. Learn how to minimize taxes under current laws through specific strategies.
• Investment Risks, Hidden Fees - Misunderstandings about risks and returns can lead to financial instability. Discover ways to reduce risks and minimize fees to grow retirement income.
• Longevity Risk – Develop a comprehensive plan to prevent outliving your savings due to inadequate planning and unexpected expenses.

Led by Ben Fuchs, with 20 years of investment experience creating thousands of retirement plans for his clients, Fuchs Financial is focused on helping retirees and people preparing for retirement to maximize their finances, providing a full range of short and long-term retirement planning services, including income planning, investment planning, tax planning, healthcare planning, and estate and legacy planning. The session provides insights on protecting and growing retirement savings.
In addition, Fuchs Financial offers individual no-obligation, complimentary consultation, either in-person at one of the Fuchs Financial offices or via Zoom. Details are at www.TaxesAndIncome.com.

The Fuchs Financial team includes financial professionals with a range of expertise to provide a breadth of information for clients as they look to their retirement years and seek to build a retirement plan that can provide financial security.
“If you’re interested in a second opinion on your current retirement plan from a first-class team that places a priority on your best interest, that’s what we’re all about,” added Fuchs. “We lead with listening, to understand each individual’s priorities for retirement, and then use scenario-based planning to develop and share a customized financial plan that responds to clients specific goals for retirement.”

The Fuchs Financial team includes advisors Gina Mazzadra, Accredited Retirement Plan Specialist, Retirement Income Certified Professional®; Alex Cal, Certified Plan Fiduciary Advisor®; and Eddy Agyeman, Chartered Retirement Planning CounselorTM, Accredited Financial Counselor®. The Fuchs Financial team also includes Josh Kerchis, Retirement Healthcare Benefits Analyst, and Jeff Singer, AFSP (Annual Filing Season Program) credentialed Staff Accountant.

Fuchs Financial, with expertise in wealth management, planning and retirement, is regularly featured on local television stations WFSB Channel 3 and WTNH Channel 8, and radio station WTIC in Hartford, and has developed a continuing series of insightful webinars and videos highlighting various aspects of retirement planning. Free-of-charge informative library workshops have been held in recent months in Woodbury, Newtown, Middletown, Glastonbury, Cheshire, Simsbury, Portland, Avon, Burlington, East Hampton and Mystic.

Fuchs Financial’s offices are in Middletown at 213 Court Street, Suite 601; in West Hartford at 433 South Main Street, Suite 322, just off I-84, minutes from West Hartford Center and Westfarms Mall; at 751 Straits Tpke., Suite 3002, in Middlebury; and 47 Water Street, Suite 101, in Mystic.

For more information about the upcoming library seminar, interested individuals may contact the library directly or contact Fuchs Financial at (860) 461-1709 or toll-free at (877) 940-1009 or email info@ffncl.com.