Smart Tax Planning Strategies for the Sandwich Generation

High-income Sandwich Generation families often overpay in taxes. Discover overlooked tax strategies to reduce your burden and preserve your wealth.

Why Taxes Hit the Sandwich Generation Hard

Peak earning years come with peak tax bills—especially for families supporting multiple generations. With some planning, you can keep more of what you earn.

Optimize Income with Strategic Roth Conversions

If your income fluctuates due to caregiving responsibilities, consider partial Roth conversions in lower-income years to reduce future required minimum distributions (RMDs).

Maximize Employer and Family-Based Tax Tools

• Use Dependent Care FSAs if you’re paying for childcare or eldercare

• Leverage HSA contributions for tax-free medical savings

• Consider 529 plans for educational support of kids and grandkids

Use Charitable Strategies to Bundle Deductions

Donor-Advised Funds (DAFs) allow you to bunch multiple years’ charitable contributions into a single tax year while distributing grants over time.

What Should I Do?:

Stop leaving tax savings on the table. Request a personalized tax strategy session designed with your family in mind.