Iris Wealth Advisory, A Registered investment Advisor Firm

  • "Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes."

    Judge Billings Learned Hand, Helvering v. Gregory

  • "In the end it is worse to suppress dissent than to run the risk of heresy."

    Judge Billings Learned Hand

  • "The mutual confidence on which all else depends can be maintained only by an open mind and a brave reliance upon free discussion."

    Judge Billings Learned Hand

  • "Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders."

    Thomas Sowell

  • "The old adage about giving a man a fish versus teaching him how to fish has been updated by a reader: Give a man a fish and he will ask for tartar sauce and French fries! Moreover, some politician who wants his vote will declare all these things to be among his 'basic rights."

    Thomas Sowell

  • “Every culture has some ritual for joining two people together and making them stay that way, and ours is giving tax breaks.” 

    Bauvard, Some Inspiration for the Overenthusiastic

  • “This is a question too difficult for a mathematician.It should be asked of a philosopher"(when asked about completing his income tax form)” 

    Albert Einstein

  • “When plunder becomes a way of life for a group of men in a society,over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.”

    Frédéric Bastiat

  • “As we peer into society's future, we--you and I, and our government--must avoid the impulse to live only for today,plundering for our own ease and convenience, the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without risking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow.” 

    Dwight D. Eisenhower
Iris Wealth Advisory, A Registered Investment Advisor Firm

Tax Efficiency

A large part of the world sees tax payment as more or less a necessary adversity. It has grown as an inevitable 

part of life that seems like, will never be eradicated. For high income earners, the tax effects and the way 

they manage them will significantly affect their finances, their retirement nest egg and their ability to

 leave behind an inheritance for the next generations.

Saving money and investing


Just as individuals vary, so are their ways of saving money and investing. But the way one saves into multiple accounts (tax deferred, after tax, tax paying) and the order of distributions from these accounts, will have a significant effect on their tax bracket. The choices one makes consciously to attain tax efficiency during accumulation and distribution will affect the size of one’s nest egg.

The complexity of accumulation and distribution rules of Traditional IRA, ROTH IRA, 401 K will make even tax professionals go to sleep. The complexity does not end with choosing the appropriate account but is only made worse by the type of investments, annuities that work differently in different accounts due to tax rules. Juggling through those rules and investing them all efficiently requires considerable time and effort.

A competent Financial Adviser will help you with the choices and explain the unintended effects or blind spots that could be avoided by choosing age and income appropriate strategies so that you can enhance your nest egg over the years.




Iris Wealth Advisory Services

Comprehensive Financial Planning

Tax efficient Accumulation and Distribution Planning

Defined Benefit and Defined Contribution Pension Plans for Small Businesses

Injury/Mortality/Longevity Risk Management

Wills/Trusts/Guardianship Preparation

Investment Management

Low cost diversified portfolios from multiple fund managers

Guaranteed Personal Pension Plans from Risk Management Companies. We also help clients with tax efficient college plans

Separately Managed Brokerage Accounts

IRA, ROTH IRA, HSA opening and management

Conversions

Disclosures
​Custody of client funds is at Securities Investments Protection Corporation (SIPC) member firms. Third party vendors/companies are used, to offer comprehensive financial planning tools,to offer investment solutions, to underwrite Injury/Mortality/Longevity risk management  products, to design and implement Defined Contribution/Defined Benefit/Cash Balance plans for Businesses.
Past performance is not indicative of future growth. There is a chance of principal loss in investing. 
Any model/strategy/screener shared is for informational/education purpose only, to generate a discussion.
Models/Screeners are not indicative of real world Investment Performance. Fees and taxes are not included in Strategy/Model calculations.
Investment performance will vary based on the timing of trades placed,investor cognitive and behavior biases.
We are not Tax advisors or Tax attorneys or Estate Attorneys. We work with those professionals if you already have a relationship established with them or we can recommend professionals that partner with us to complete a thorough financial plan.
We do business in the states that we are registered only. The information available on our website and through emails is educational only and not intended to offer services where we are not registered.

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Contact
17250 Dallas Pkwy, Dallas, TX 75248
972-666-8400
ravikomari@iriswealthadvisory.com
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