Broker Check

Services

Thomason Financial Services offers many services for individuals and families. We want to help you pursue a comfortable retirement, be able to pay for college for your children, set appropriate financial goals, and confidently track your progress throughout your lifetime. If you don’t enjoy handling your own finances and want professional help, don’t hesitate to contact us. We can offer you an independent view of your situation.

We have access to a variety of investment options that can help meet your financial planning needs. No matter your personal situation, we can work together to create a plan to fit your needs and your comfort level.

Our services include, but are not limited to, the following:

  • Using the Asset-Cycle Portfolio System® in financial planning, which involves creating a comprehensive financial plan for clients to help them understand how each of their financial assets work together to accomplish their objectives, including tax-efficient distribution strategies, long-term growth, legacy planning, and life-income planning.

  • Social Security maximization analysis – We’ll review the many combinations of Social Security election strategies and provide clients with an action plan that outlines the most efficient way to maximize their Social Security income.

  • Pension maximization analysis – We identify for the client the best way to maximize their pension income.

  • Income tax analysis – Identify how to reduce federal income tax and coordinate income with Social Security benefits to determine whether taxes can be reduced.

  • Income replacement needs assessment – We’ll look at scenarios to help determine how long a client’s retirement income will last under certain conditions.

  • Long-term care, cost-benefit analysis – Recommendations and direction are given for considering long-term care coverage.

  • Legacy planning - This involves a beneficiary review and discussing passing assets on to heirs, including minimizing taxes and fees and maximizing the amounts to give to loved ones and charities.

  • Roth IRA conversion – Are you thinking of converting a traditional IRA to a Roth IRA? We’ll make sure you’re informed about the advantages and disadvantages of converting one to the other and the benefits and costs of conversion.

In addition to the topics above, we also offer:

  • Asset allocation review – review your allocations based on age, income, net worth, risk tolerance, and time horizon

  • Independent, objective portfolio analysis – comprehensive review of fixed investments, stocks and bonds, mutual funds

  • Long-term care cost benefit analysis

  • An analysis of in-force life insurance illustrations

  • Reviewing your current beneficiaries

  • Estate-tax reduction and financial legacy review – assessing the benefits and financial consequences of passing assets on to heirs

  • Multi-generational qualified disbursement review – considers the impact of stretching out qualified accounts

For more information about our firm and the services we offer, send us a quick email or call the office. We would welcome the opportunity to speak with you.

barry@thomasonfinancial.net   |  (509) 935-8171