Uncover Your Potential Out-of-Pocket Medicare Costs
What you pay for Medicare depends on your income, your coverage choices and the year you enroll. See what your coverage could cost once you enroll.
Is a Roth Conversion Right
for You?
Converting some of your traditional IRA to a Roth means paying taxes now in exchange for tax-free withdrawals later. Run the numbers to see what converting could look like for you.
Don’t Leave Social Security Benefits on the Table
Every month you delay claiming Social Security until age 70 increases your monthly benefit. Use our calculator to see how much your check could increase by waiting.
What’s Your Variable Annuity Really Costing You?
Variable annuities can be a great source of retirement income but knowing how much you’re paying in fees can be difficult. Enter your numbers to see the real annual cost of a variable annuity.
Illinois Estate Taxes Could Take More Than You Expect
If you’re an Illinois resident with a net worth of $4 million or more, your heirs could face a higher-than-expected tax bill. Use our calculator to find out what your estate could pay in Illinois state taxes when you’re gone.
Should You Take the Pension or the Lump Sum?
Which is worth more — a lifetime pension or a one-time payment? Our calculator will help you run the numbers and see which option makes the most financial sense for your situation.
You Can Appeal Your Own Property Assessment
Filing an assessment appeal with your county costs nothing, needs no attorney for a house or condo, and for most homeowners takes an evening. Here is how it works in the six Chicagoland counties.
Cash Balance Plan Census & Testing
Enter your census, shape the plan design, and see how coverage, participation, top-heavy, and nondiscrimination testing shape up before you bring it to your actuary.
Should I Stay, Or Should I Go?
Illinois doesn't tax a dollar of your Social Security, pension, or 401(k) income. It makes up the difference in two places most people never add up: a property tax bill among the highest in the country, and an estate tax that starts at $4 million and does not forgive. Move the sliders and see your own numbers.
Financial calculator(s) were created with the assistance of Artificial Intelligence (Ai) and was designed as an educational tool only to help you estimate answers to common financial questions. It is not intended to predict future returns or results, nor does it represent the performance of any specific investment or product. The results provided are for informational and educational purposes only and do not constitute financial advice. The accuracy, completeness or applicability of the output is not independently verified, guaranteed, or ensured. Please use the results as a general guide and consult with a qualified financial professional for advice specific to your situation prior to making any changes to your financial strategy or accounts. Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.
Let’s Talk Through Your Numbers
These calculators show you what’s possible. A conversation can reveal what makes sense for your situation. Schedule a complimentary call to talk through what your results mean for you.
We can also refer you to professionals who provide the following services:
Trusts | Probate | Charitable Giving | Estate Planning | Tax Planning
Insurance products are offered through the insurance business Scott Tucker Solutions, Inc. Scott Tucker Solutions, Inc is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Advisor. AEWM does not offer insurance products. The insurance products offered by Scott Tucker Solutions, Inc are not subject to Investment Advisor requirements.
Scott Tucker Solutions, Inc. has a strategic partnership with tax professionals and attorneys who can provide tax and/or legal advice. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. Scott Tucker Solutions, Inc is not affiliated with or endorsed by the U.S. Government or any governmental agency.
A Toolkit for Your Retirement Journey
With our complimentary toolkit, you’ll get two of Scott Tucker’s books, “Escape Illinois: Should I Stay or Should I Go?” and "Illinois Grave Robbers" This insightful offering explores the financial and lifestyle implications of staying in Illinois versus relocating in retirement.
You’ll also receive resources designed to help you:
• Transform retirement concerns into confidence
• Discover and strengthen weak points in your plan
• Apply small tweaks that can make a big difference