Discover How Franklin Resources Employees Can Navigate Capital Gains Tax to Keep More of Their Hard-Earned Money

Healthcare Provider Update: Healthcare Provider for Franklin Resources Franklin Resources, Inc., commonly known as Franklin Templeton, typically collaborates with various healthcare providers depending on the specific needs of its employees and plans. While they do not publicly list a single healthcare provider, companies like Aetna, Cigna, and UnitedHealthcare often serve large corporations like Franklin Resources for group health insurance and benefits. Predicted Healthcare Cost Increases in 2026 for Franklin Resources As 2026 approaches, Franklin Resources faces significant challenges regarding healthcare costs. A perfect storm of factors is contributing to anticipated sharp increases in premiums, with some states expecting hikes over 60%. The looming expiration of enhanced federal premium subsidies will leave many policyholders exposing them to potential out-of-pocket cost increases of more than 75%. Meanwhile, coupled with a general uptick in medical costs-primarily due to inflation and rising demand for care-the financial burden on employees could become substantial moving forward. Organizations like Franklin must prepare both strategically and financially for this impending shift in the healthcare landscape. Click here to learn more

As Kevin Landis, a representative of The Retirement Group, a division of Wealth Enhancement Group said, “This article highlights the necessity of a comprehensive financial plan for early retirement, which could be particularly crucial for Franklin Resources employees who want to get the most out of their post-career years.

Paul Bergeron from The Retirement Group, a division of Wealth Enhancement Group, points out that Jeremy Schneider’s approach to retirement is useful for Franklin Resources employees who are planning to retire early.

In this article I will discuss:

1. Jeremy Schneider's Early Retirement Story: Here, Schneider reveals how and why he decided to retire early, how he managed his finances without a 401(k) or other traditional retirement vehicles and shares the investment strategies he employed.

2. Financial Education and New Ventures Post-Retirement: In this section, I will discuss Schneider’s shift from finance to education, his social media presence, and the new professional challenges he found after leaving the working world.

3. Maximizing Retirement Income and Minimizing Taxes: Here are some examples of the importance of investment planning, the use of HSAs, and taxes to ensure a secure and enjoyable retirement for Franklin Resources employees.

Jeremy Schneider, who is 36 and sold his real estate website for $2 million, offers a meaningful example for Franklin Resources employees interested in early retirement. Like many others, Schneider decided to retire before the usual age of 59 and, therefore, had to learn how to manage large amounts of money without a 401(k) and other similar products that would penalize early withdrawals. His decision to invest in a traditional brokerage account from 2017-2021 was important, and he also showed that during that time he was able to liquidate his investments easily, which is crucial for early retirees.

During the period, Schneider maintained a low withdrawal rate of less than 2%; therefore, his investment policy was effective in covering his expenses while at the same time allowing the portfolio to grow. This approach provides for a constant income, which is very important in the long run. His financial tactics also showed that consolidating investments into a single target date fund could have increased his earnings significantly, suggesting that while the method may be simpler it is also very effective and could be used to the advantage of Franklin Resources employees contemplating the same financial planning.

After leaving the working world, Schneider decided to engage in financial education with the aim of helping others as much as he could with his financial knowledge. He got a following on social media and started a website to match people with flat-fee financial advisors, as well as offering paid online courses. This change is a good example of how retirement can become a new job and a way of development for a person, which can be interesting for the employees of the Franklin Resources companies who are thinking about what to do after leaving work.

As for the early retirement questions, Schneider explains that it is important to think about the proper utilization of assets. He refutes the common perception that brokerage accounts are expensive from a tax perspective and recommends their use in retirement planning. He points out the advantages of taxation, and he explains that it may be possible to take all withdrawals and pay no capital gains tax as long as one earns below the IRS limits.

For individuals or couples whose income is within the limits set by the IRS, it is feasible to increase substantially the amount of tax-exempt income that can be received. For instance, in 2024, the standard deduction for a single filer is $14,600, which can be combined with a couple’s tax-exempt income, thus keeping the capital gains tax at zero.

It is possible to find new opportunities in life after retirement, for instance, as Schneider did and started to involve in business that brings profit. This active approach to retirement is in line with the financial independence concept, which is the ability to work or not work and still enjoy life without worrying about the financial status, which is a concept that can be interesting to the Franklin Resources employees in their retirement.

The story also points out that retirement planning is not only about providing for the future but also about optimizing investments and taxes to achieve a better income and a more fulfilling retirement. This may be quite helpful for Franklin Resources employees who are approaching retirement and need some guidance on how to ensure a positive financial future and quality of life.

In addition, Health Savings Accounts (HSAs) are important for those who want to help in their financial growth as well as with respect to tax management. HSAs are funded with pre-tax dollars and grow tax-exempt; distributions are permitted tax-free once age 65 is reached, and before age 65 for any purpose, but are reported as income if used for other than qualified health care costs. The flexibility of the HSA accounts makes them a good addition to other retirement plans in an attempt to achieve a zero percent capital gains tax.

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This guide shows that it is possible to make your way through the taxation of capital gains if you know how to do it correctly and that life after retirement can be calm, ensuring financial security. These principles can be used by Franklin Resources employees as they plan for a productive and enjoyable retirement.

Sources:

Moore, James, CFA. 'Retirement Insights.' Financial Analysts Journal, May 2023, 79, 2, 34-40.

Hernandez, Maria. 'Tax Strategies for Early Retirement.' Jan. 2024, Journal of Personal Finance, 22, 1, 15-21.

Chen, Albert. 'Navigating Health Savings Accounts Post-Retirement.' Hernandez, Maria. 'Tax Strategies for Early Retirement.' Healthcare Finance Review, Mar. 2024, 46, 3, 82-89.

Wang, Li. 'Financial Independence and Early Retirement.' Oct. 2023, Economic Studies Quarterly, 75, 4, 55-60.

Brooks, Eleanor. 'Investment Strategies for the Modern Retiree.' June 2023, Modern Retirement Monthly, 50, 6, 44-49.