We believe it’s important that you look to employ tax diversity in your retirement plan. Different types of investments can impact your taxes differently. Having accounts that receive varying tax treatments is a key strategy. You should work with a qualified professional to help determine exactly how much you should have in each tax “bucket” to help minimize your overall tax burden in retirement.

While the tax code can be incredibly complex, you still need to stick to the basics when it comes to filing and preparing your tax returns. So, here are our 5 tips to help you better prepare for tax filing this year.

Your 401(k) provider is required to disclose all fees to you, as per a 2012 mandate of the U.S. Department of Labor. They will likely be stated in the prospectus you receive when you enroll in a plan. If you opened your 401(k) years ago and don’t remember seeing this prospectus, you can check in the updates you most likely receive annually. Look for categories or line items like “Total Asset-Based Fees,” “Total Operating Expenses As a %” or “Expense Ratios,” which all measure fees.

As a member of the largest generation in American history, you’re sometimes blamed for bankrupting Social Security. But, you also contributed to Social Security your whole working life. In addition to funding Social Security, you’ve also been funding your own retirement accounts. So how do you know if you have enough saved? If you’re behind on savings for retirement, there’s hope: The IRS allows those 50 and older special allowances to help with saving for retirement, such as increased contribution limits.