Lee's Summit, MO
Retirement Planning in Lee's Summit
Lee's Summit is a government-pension town, and the rulebook for it gets skipped constantly. The USCIS National Benefits Center employs more than 2,200 people here, roughly 900 of them federal. Add the R-7 school district's 2,803 employees on PSRS and the city's LAGERS plan, and most Lee's Summit households are sitting on a government pension Missouri treats very specifically, and very differently than a 401(k).
Why Lee's Summit
Planning built for Lee's Summit retirees
Jackson County · about 30 minutes southeast · US-50 at Douglas Street
Missouri's government pension subtraction is generous and capped: $46,381 for 2024, $47,633 for 2025, $48,967 for 2026, tracking the maximum Social Security benefit each year. The trap is RSMo 143.124.7, which reduces that subtraction dollar for dollar by any Social Security exemption you claim. A federal or district retiree cannot stack the two.
The audited employer table tells the rest of the story. For the year ended June 30, 2025, Lee's Summit's ten largest employers were led by the R-7 district at 2,803, Homeland Security's USCIS operation at 2,200, Saint Luke's at 1,900, and University Health Lakewood at 1,000. Together, the top ten account for just over 20% of city employment.
Three of Lee's Summit's four largest employers run government or government-adjacent retirement plans, which is why the Missouri public pension rules below matter more here than in any other city on this list.
USCIS National Benefits Center
More than 2,200 staff and contract employees across Lee's Summit and Overland Park, roughly 900 of them federal. FERS annuities qualify for Missouri's public pension subtraction; contractor plans do not.
Lee's Summit R-7 District
2,803 employees, the city's largest employer at 5.25% of city employment in the year ended June 30, 2025. Missouri school employees participate in state retirement systems that qualify as public pensions.
City of Lee's Summit
686 employees in a Missouri LAGERS plan. Employees contribute 0%; employer rates run 10.3% general to 15.1% public safety; benefits vest at five years with a CPI cost-of-living adjustment capped at 4%.
Missouri Taxes
Missouri rules for Lee's Summit government retirees
Missouri income tax law as of tax year 2026 · verified August 2026
Missouri subtracts your government retirement benefits up to the maximum Social Security benefit for the year, $48,967 for 2026. But RSMo 143.124.7 cuts that subtraction dollar for dollar by any Social Security exemption you claim. As a federal retiree, the two exemptions compete. They don't combine.
Privately funded savings get far less. RSMo 143.124.3 caps that exemption at $6,000, phased out dollar for dollar above $32,000 of Missouri AGI for married filing combined, gone by $38,000. Your 401(k), IRA, or deferred comp balance sits there. Above that, Missouri taxes at 4.7% for 2025 and 2026.
- Missouri top rate, TY2026
- 4.7%
- Capital gains subtraction, TY2025+
- 100%
- Public pension cap, TY2026
- $48,967
Sources: Missouri DOR pension FAQ · RSMo 143.124 · DOR 2025 legislative changes
Tax figures on this page are current as of the dates shown and are provided for general education only. Kansas and Missouri retirement tax rules changed in 2024 and 2025, and several of these figures are adjusted annually for inflation or depend on future revenue triggers. Nothing here is tax, legal, or investment advice. Confirm your own situation with your tax professional before acting.
Who We Help
Is this you?
01
Age 50+ and within 10 years of retirement
02
$2M or more saved, mostly in 401(k)s and IRAs
03
Ready for a tax-first approach to retirement planning
How it works
Build Your Plan
Structured, tax-first retirement planning for the decisions ahead.
Day 0
Day 21
Ongoing
Retirement Fit Meeting
A complimentary 45-minute meeting to discuss the retirement decisions in front of you and whether the Retire Ready Roadmap™ is the right next step. Together, we'll talk through your priorities, explain what the one-time $4,500 Roadmap build includes, and decide whether it makes sense to move forward.
Roadmap Review
Your completed Retire Ready Roadmap™ is a tax-first retirement plan that brings your income, investments, healthcare, and legacy into one coordinated strategy. We walk through it together so you can see how each part of your plan connects.
Three Paths Forward
The plan is built. Here's what happens next.
Do It Yourself
The plan is yours. Put it into action on your own.
Work With Your Current Advisor
Share your Roadmap with your current advisor and decide how to put the plan into action.
Put Your Plan to Work With MOKAN
Work with MOKAN to put your Roadmap into action and keep your retirement, tax, and income planning coordinated over time.
Ongoing Guidance
Your plan stays connected as life changes
Done For You
Wealth Management
Your Retire Ready Roadmap™ is not a one-time plan. Your tax strategy, retirement income, Roth conversions, investments, and IRMAA exposure are reviewed as your life, markets, and tax laws change. You stay focused on living the retirement you built.
Client Reviews
What Clients Say About Working With MOKAN
5.0 from 97 reviews on Google
“Kyle has a proven track record with my investment portfolio that leaves me confident to be partners in my retirement”
“We did a lot of research on wealth management firms in Johnson County and are really glad we ended up choosing MOKAN. Kyle, Megan R. and the whole team have been extremely professional and competent throughout the process so far. They understand the intricacies of retirement planning (including tax diversification strategies) and do a great job educating us along the way as they’re guiding our portfolio, helping us to make optimal decisions. Plus they’re just very nice people!”
“Our financial advisor, Megan, has been terrific during the entire on-boarding process. She explained and made us aware of the way that the accounts would be set up, funds allocated and distributed, and other tax-related issues that may/will arise in the future. I recommend MoKan Wealth, Kyle, and Megan to everyone!”
“Retirement is far more complicated than I ever imagined. Kyle and the rest of the MoKAN team have been superb.”
“Kyle is really good. He listens well; he understands our goals for retirement and has helped us to set our course. We have a much better plan now that we have been working with him for the last two and a half years!”
“MOKAN wealth has a great team of professionals to guide you thru your investment and tax planning alternatives. Kyle is great to work with.”
“Kyle has been guiding me for 13 years and couldn’t be happier. Have great experience with his strategies and results. Love the personal relationship, enjoy seeing family pictures and his “it’s gonna be ok” reassurances with the communications he sends. The office has grown and everyone is great about follow throughs and keeping us well informed.”
“MOKAN Wealth Management has been a great pre-retirement move for us! Kyle has grown our wealth beyond our expectation during the two and a half years we have been clients! His education and preparation for retirement has led us to soon enter this new stage with confidence in our understanding of how to live fully, enjoy the fruits of the years of labor. Kyle has a great team- always very responsive to requests and questions. We recommend Kyle Hammerschmidt and MOKAN Wealth Management as a 5 Star Retirement Planning Course and Financial Planning and Investment Manager. Paula & Larry Hollenbeck”
“We’ve had a great experience working with Kyle and Megan at MOKAN Wealth Management. We first met Kyle after attending his Retire Ready Academy, which was incredibly informative and helped us feel confident taking the next step in our financial planning. Since then, they’ve helped us create a clear, workable strategy for retirement and guided us through tax-advantaged options we hadn’t fully understood before. Beyond financial planning, they’ve also connected us with other trusted professionals, which has been incredibly helpful. They’re knowledgeable, approachable, and take the time to explain things in a way that never feels rushed. We truly feel better prepared for the future and highly recommend Kyle and Megan at MOKAN Wealth Management.”
“Super affable and patient with my lack of financial experience! I feel confident in our future plan. Timely responses to questions and needs.”
“My wife and I have been very pleased with the guidance we've received from Kyle and the team at MOKAN Wealth. You've heard the expression, "The play's the thing" but in retirement, the plan's the thing, and Kyle has put together an effective, sensible and understandable plan for our retirement years. It's of real value to transition to our next chapter with confidence - a place we couldn't get to on our own. Highly recommend MOKAN Wealth.”
“I attended Kyle's workshop and I liked the strategies he discussed and the plan he put together to help me meet my financial goals. Since signing up I've enjoyed working with Megan. Just had my second meeting with her and we reviewed goals and made updates to the strategy where needed. Looking forward to success in retirement.”
“Megan is amazing and has helped us navigate the retirement world. So many pitfalls and she's guided us through them. I recommend Megan and Mokan wealth management 100percent!”
“Kyle is an amazing financial advisor. His retirement strategies are innovative, thoughtful, and always in my best interest. He consistently shares insights and information that go beyond the diversified pie charts you get from most advisors, showing how much he truly cares about the wellbeing of his clients. On top of that, he’s friendly, responsive, and incredibly knowledgeable. I feel confident knowing my financial future is in such capable hands. Kyle's the best!”
“MoKan Wealth is a fantastic wealth management firm. Kyle and his staff are helpful, responsive, polite, and make you feel like family. Kyle communicates on a regular basis via email, phone calls, and text messages. Everyone at MoKan Wealth is knowledgable of each and every client. I trust Kyle with his decisions and advice. I am very pleased with how he has managed my account and the performance of the account.”
“Very informative,knowledgeable,easy to talk to”
“Kyle is professional and answers the concerns that we might have. Easy to talk to. The office staff acts promptly and efficiently.”
“Kyle is great to work with and listens to our concerns while guiding/managing our investments. Megan is always friendly and helpful.”
“We have been with Kyle of MOKAN Wealth for about a year and a half now and we have been very pleased with the service and performance! Kyle works with us to understand our needs and adapts strategies and programs to make our portfolio grow as well as adjustments for the future. If you ever have a question or want to learn more about something, he is very responsive and timely with a phone call, text or email. We get an update every week via email on our progress. And finally, we still schedule a meeting with him about every 6 months to keep us informed on the market and our investments. We have been very pleased with Kyle and his team and highly recommend him to others. April 2025 Just had our 6 month check in with Kyle and it ironically coincided with the recent tariff changes and stock market drop. Needless to say I was concerned as most Americans have been. But I felt 💯 percent better after reviewing the portfolio that Kyle had in place for us. There was no panic, no sudden changes needed, nothing to really worry about because our portfolio was already established from the beginning on day one to prepare for uncertain times like these! I know the media and social networks can create fear out there, and believe me, I’m guilty of that and I think most people can’t help but to be caught up with the anxiety. But having Kyle and his awesome team be there and help get you through the tough times; that’s what matters! I’m so glad that we made the switch over to MoKan a few years ago. We trust their experience and knowledge.”
“We have been with Kyle now for 5 years. After attending one of his retirement workshops in Olathe, we walked away thinking we need to have him on our side. We’re so happy to be one of his clients and now we are enjoying retirement.”
“Kyle has done a wonderful job helping us grow our retirement investments. He’s quick to respond and checks in with us regularly. He’s familiar and competent with federal benefits which is a big plus, as they can be very confusing! Kyle is a great asset for us.”
“I always enjoy meeting with Kyle Hammschmidt, he reminds of what i have forgotten to take care of and that we are in it for the long haul. I have been working with Kyle for many years, and his advice has always been sound.”
“Kyle and Meagan are the best. They are both very professional and easy to work with.”
“We love our relationship with MoKan Financial. We feel like family when we meet to discuss our retirement investments. Kyle is very knowledgeable and has greatly helped us in growing our retirement funds. If you are looking for a financial planner to work side by side with you, reach out to MoKan!”
“We are very confident and comfortable that MOKAN Wealth Management is preparing us financially for retirement. Jim & Tricia Baldwin”
“Kyle has been wonderful with our family. We feel confident in working with him. Helped us focus on goals and how he’s going to help us reach them. We like is approach on increasing our investments while lowering our tax burden”
“I have worked with Kyle at MOKAN wealth for about 7 years and highly recommend him. He is very knowledgeable and approachable. He has helped me to better understand how to manage my investments in retirement - something I really needed.”
“Always personable and provides the planning advise and answers to questions when we need it.”
“Kyle and his team are great to work with. No cookie cutter plans, he takes time to know you and your desires and explains things well. Great teacher, you never want to do anything you don’t understand and Kyle makes sure you have all the information you need. Only wish I started working with him sooner.”
“We can enjoy our retirement knowing Kyle is helping us with tax and retirement planning. I have recommended MOKAN Wealth to family and friends.”
“we attended Kyles retirement planning session 5 years ago. We ended up leaving our current financial planner (she was our age and we were afraid she would leave before we needed guidance with retirement) Kyles plan to minimize taxes in retirement made sense to us. I didnt think we would be able to retire early but Kyle helped us achieve that goal. Our investments have done well and Kyle is accessible whenever we need him. This is my retirement year so we have had several on site and telephonic planning sessions. I feel confident and prepared for our future. Kyle is entrenched in the community and has a lovely family. I have shared our financial planning journey with many and hope that Kyle is able to help with their planning as he did ours.”
“Kyle has a proven track record with my investment portfolio that leaves me confident to be partners in my retirement”
“We did a lot of research on wealth management firms in Johnson County and are really glad we ended up choosing MOKAN. Kyle, Megan R. and the whole team have been extremely professional and competent throughout the process so far. They understand the intricacies of retirement planning (including tax diversification strategies) and do a great job educating us along the way as they’re guiding our portfolio, helping us to make optimal decisions. Plus they’re just very nice people!”
“Our financial advisor, Megan, has been terrific during the entire on-boarding process. She explained and made us aware of the way that the accounts would be set up, funds allocated and distributed, and other tax-related issues that may/will arise in the future. I recommend MoKan Wealth, Kyle, and Megan to everyone!”
“Retirement is far more complicated than I ever imagined. Kyle and the rest of the MoKAN team have been superb.”
“Kyle is really good. He listens well; he understands our goals for retirement and has helped us to set our course. We have a much better plan now that we have been working with him for the last two and a half years!”
“MOKAN wealth has a great team of professionals to guide you thru your investment and tax planning alternatives. Kyle is great to work with.”
“Kyle has been guiding me for 13 years and couldn’t be happier. Have great experience with his strategies and results. Love the personal relationship, enjoy seeing family pictures and his “it’s gonna be ok” reassurances with the communications he sends. The office has grown and everyone is great about follow throughs and keeping us well informed.”
“MOKAN Wealth Management has been a great pre-retirement move for us! Kyle has grown our wealth beyond our expectation during the two and a half years we have been clients! His education and preparation for retirement has led us to soon enter this new stage with confidence in our understanding of how to live fully, enjoy the fruits of the years of labor. Kyle has a great team- always very responsive to requests and questions. We recommend Kyle Hammerschmidt and MOKAN Wealth Management as a 5 Star Retirement Planning Course and Financial Planning and Investment Manager. Paula & Larry Hollenbeck”
“We’ve had a great experience working with Kyle and Megan at MOKAN Wealth Management. We first met Kyle after attending his Retire Ready Academy, which was incredibly informative and helped us feel confident taking the next step in our financial planning. Since then, they’ve helped us create a clear, workable strategy for retirement and guided us through tax-advantaged options we hadn’t fully understood before. Beyond financial planning, they’ve also connected us with other trusted professionals, which has been incredibly helpful. They’re knowledgeable, approachable, and take the time to explain things in a way that never feels rushed. We truly feel better prepared for the future and highly recommend Kyle and Megan at MOKAN Wealth Management.”
“Super affable and patient with my lack of financial experience! I feel confident in our future plan. Timely responses to questions and needs.”
“My wife and I have been very pleased with the guidance we've received from Kyle and the team at MOKAN Wealth. You've heard the expression, "The play's the thing" but in retirement, the plan's the thing, and Kyle has put together an effective, sensible and understandable plan for our retirement years. It's of real value to transition to our next chapter with confidence - a place we couldn't get to on our own. Highly recommend MOKAN Wealth.”
“I attended Kyle's workshop and I liked the strategies he discussed and the plan he put together to help me meet my financial goals. Since signing up I've enjoyed working with Megan. Just had my second meeting with her and we reviewed goals and made updates to the strategy where needed. Looking forward to success in retirement.”
“Megan is amazing and has helped us navigate the retirement world. So many pitfalls and she's guided us through them. I recommend Megan and Mokan wealth management 100percent!”
“Kyle is an amazing financial advisor. His retirement strategies are innovative, thoughtful, and always in my best interest. He consistently shares insights and information that go beyond the diversified pie charts you get from most advisors, showing how much he truly cares about the wellbeing of his clients. On top of that, he’s friendly, responsive, and incredibly knowledgeable. I feel confident knowing my financial future is in such capable hands. Kyle's the best!”
“MoKan Wealth is a fantastic wealth management firm. Kyle and his staff are helpful, responsive, polite, and make you feel like family. Kyle communicates on a regular basis via email, phone calls, and text messages. Everyone at MoKan Wealth is knowledgable of each and every client. I trust Kyle with his decisions and advice. I am very pleased with how he has managed my account and the performance of the account.”
“Very informative,knowledgeable,easy to talk to”
“Kyle is professional and answers the concerns that we might have. Easy to talk to. The office staff acts promptly and efficiently.”
“Kyle is great to work with and listens to our concerns while guiding/managing our investments. Megan is always friendly and helpful.”
“We have been with Kyle of MOKAN Wealth for about a year and a half now and we have been very pleased with the service and performance! Kyle works with us to understand our needs and adapts strategies and programs to make our portfolio grow as well as adjustments for the future. If you ever have a question or want to learn more about something, he is very responsive and timely with a phone call, text or email. We get an update every week via email on our progress. And finally, we still schedule a meeting with him about every 6 months to keep us informed on the market and our investments. We have been very pleased with Kyle and his team and highly recommend him to others. April 2025 Just had our 6 month check in with Kyle and it ironically coincided with the recent tariff changes and stock market drop. Needless to say I was concerned as most Americans have been. But I felt 💯 percent better after reviewing the portfolio that Kyle had in place for us. There was no panic, no sudden changes needed, nothing to really worry about because our portfolio was already established from the beginning on day one to prepare for uncertain times like these! I know the media and social networks can create fear out there, and believe me, I’m guilty of that and I think most people can’t help but to be caught up with the anxiety. But having Kyle and his awesome team be there and help get you through the tough times; that’s what matters! I’m so glad that we made the switch over to MoKan a few years ago. We trust their experience and knowledge.”
“We have been with Kyle now for 5 years. After attending one of his retirement workshops in Olathe, we walked away thinking we need to have him on our side. We’re so happy to be one of his clients and now we are enjoying retirement.”
“Kyle has done a wonderful job helping us grow our retirement investments. He’s quick to respond and checks in with us regularly. He’s familiar and competent with federal benefits which is a big plus, as they can be very confusing! Kyle is a great asset for us.”
“I always enjoy meeting with Kyle Hammschmidt, he reminds of what i have forgotten to take care of and that we are in it for the long haul. I have been working with Kyle for many years, and his advice has always been sound.”
“Kyle and Meagan are the best. They are both very professional and easy to work with.”
“We love our relationship with MoKan Financial. We feel like family when we meet to discuss our retirement investments. Kyle is very knowledgeable and has greatly helped us in growing our retirement funds. If you are looking for a financial planner to work side by side with you, reach out to MoKan!”
“We are very confident and comfortable that MOKAN Wealth Management is preparing us financially for retirement. Jim & Tricia Baldwin”
“Kyle has been wonderful with our family. We feel confident in working with him. Helped us focus on goals and how he’s going to help us reach them. We like is approach on increasing our investments while lowering our tax burden”
“I have worked with Kyle at MOKAN wealth for about 7 years and highly recommend him. He is very knowledgeable and approachable. He has helped me to better understand how to manage my investments in retirement - something I really needed.”
“Always personable and provides the planning advise and answers to questions when we need it.”
“Kyle and his team are great to work with. No cookie cutter plans, he takes time to know you and your desires and explains things well. Great teacher, you never want to do anything you don’t understand and Kyle makes sure you have all the information you need. Only wish I started working with him sooner.”
“We can enjoy our retirement knowing Kyle is helping us with tax and retirement planning. I have recommended MOKAN Wealth to family and friends.”
“we attended Kyles retirement planning session 5 years ago. We ended up leaving our current financial planner (she was our age and we were afraid she would leave before we needed guidance with retirement) Kyles plan to minimize taxes in retirement made sense to us. I didnt think we would be able to retire early but Kyle helped us achieve that goal. Our investments have done well and Kyle is accessible whenever we need him. This is my retirement year so we have had several on site and telephonic planning sessions. I feel confident and prepared for our future. Kyle is entrenched in the community and has a lovely family. I have shared our financial planning journey with many and hope that Kyle is able to help with their planning as he did ours.”
“Kyle and his team have been supplying me with their services for over a year now. They are responsive to my calls and requests and have been very communicative.”
“MOKAN provided us a great action plan to set ourselves up for retirement success and they are working with us through every step. Highly recommend!”
“Kyle has done a great job on our portfolio. He has thought of all potential issues the market can have and has safe guarded are portfolio. It very comforting to have those safe guards in place. Kyle also provided a company to help us to transition from full time work to retirement, specifically for selection of the Medicare insurance and supplements Donna Henry: The stock market to me is scary and I really don't understand it. I rely on my husband and Kyle. When the market is bad Kyle puts our a statement regarding it and it makes me feel so much better. When we have our in office meetings he really listens to my concerns. I totally trust in him. I'm so thankful that we found him.”
“Have the best experience of accounting and taxation services from them.”
“Having Kyle as our financial planner has been a positive experience for us. Not only is he very knowledgeable but also very good at explaining involved financial matters in a way that’s easily understood. Kyle is patient and is dedicated to helping us achieve our retirement goals. Our relationship with Kyle has been tremendous and I highly recommend him to anyone in need of a financial planner!”
“Kyle and team continue to deliver a professional review of where our accounts stand, historical trends of similar economic cycles, and adjustments/recommendations to consider going forward. Blunt, honest but enjoyable, and I always learn something.”
“Megan went over accounts we have, where we’re at and what we accumulated. Helped with making plan for my retirement and a dollar amount on withdrawals were comfortable with.”
“Best decision we did was attend the Retire Ready Seminar with Kyle. Megan is very helpful and we are pleased with the direction she has guided us.”
“Kyle and Megan do a wonderful job in providing guidance on how to manage our investments as we prepare for retirement. We appreciate all their support.”
“We are extremely pleased with Kyle and Mokan Wealth Management. We are confident in their ability to keep our retirement funds growing and safe.”
“Fast, accurate and thoughtful of our retirement plans. Great insight on our needs and how to get there!”
“My wife and I are working with MOKAN for retirement planning. We’re very pleased with their help forming an actual plan for retirement that includes tax planning and account withdrawal strategy. The MOKAN team is highly knowledgeable and very patient with us as we learn how a real retirement plan works.”
“Listens intently with respect and crafts a plan that reduces tax liabilities and maximizes growth that instills confidence as retirement rapidly approaches.”
“MOKAN has turned out to be everything it promised to be ! The office is very welcoming , the staff is supportive and very efficient and Kyle’s strategy plans are delivering all that he he said it could. Very comfortable with the switch to MOKAN”
“Kyle is knowledgeable and thorough in his recommendations for retirement and investment planning. He knows the market and what we are comfortable with to determine our best approach to long term retirement planning and financial security. Keeps us informed of any changes with the market or government regulations and advises us on what if any effect that would have on our plan. Easy to talk to and answers all our questions. So happy and satisfied that he is working for us. In short, no bullshit from this guy!”
“Meeting with Kyle is always informative and insightful. He brings a lot of knowledge to our conversations and I feel like he cares.”
“Wow. Excellent, good communicator, no BS or cliches. Thanks.”
“I had the opportunity to attend one of Kyle’s retirement seminars in 2023. He has been helping my wife and I prepare for retirement in the near future. I highly recommend his services.”
“My husband and I just had a very informative meeting with Kyle. His team keeps us informed throughout the year with news bulletins and webinars.. we also love that he is so responsive to any questions we’ve had along the way.”
“Kyle is attentive and forthcoming during our client meetings. Provides positive suggestions to help us navigate early retirement.”
“I’ve recommended Kyle to several coworkers. He is pleasant, knowledgeable, and I trust his advice for my retirement investments.”
“My husband and I have been working with Kyle for a few years and highly recommend his services. He is funny, smart, and personable. He has given us peace of mind, and our only regret is not finding him earlier.”
“Kyle has been great to work with. He presents solid strategies to minimize taxes and maximize our savings, both short and long term. He has increased our confidence that we are making good decisions in a complex environment. Now we can just enjoy the ride.”
“Kyle and his team are easy to work with and Kyle is always accessible if we need him. We have been with MOKAN Wealth Management for 7 years and believe he has our financial well being as a top priority.”
“We searched for the right investment person for quite sometime. We met with groups and individuals in our search for the right match. We knew we had to feel completely comfortable and at ease with our final choice. After meeting Kyle Hammerschmidt with MOKAN Wealth, we knew we had made the right choice. He knows his way around investments and everything that goes along with that. We feel like we made the right choice for us to move forward in our retirement!”
“Kyle and his team have gone above and beyond to assist me in setting up retirement goals. They are always available to answer my questions . . . even outside of our schedule check-ins. Kyle truly cares about his clients.”
“Kyle has been a great and trusted financial advisor over the last two years. He understands our great goals in our retirement. His advice on Roth conversations has opened our eyes to reducing our taxes down the road.”
“Our experience with MOKAN Wealth Management has been excellent. Kyle Hammerschmidt has been extremely helpful positioning us for early retirement, creating an easy-to-understand roadmap. The whole team is accommodating and easy to work with. We highly recommend their services.”
“Kyle and his team have been a pleasure to work with. With all of the turmoil in the financial world it is good to know we have a secure and knowledgeable manager in our corner. thank you!”
“Kyle and the team at MOKAN Wealth helped us address our retirement planning concerns and they keep us informed with routine check ins”
“The team at MOKAN knows how to take care of its guests.”
“Kyle and his team have been supplying me with their services for over a year now. They are responsive to my calls and requests and have been very communicative.”
“MOKAN provided us a great action plan to set ourselves up for retirement success and they are working with us through every step. Highly recommend!”
“Kyle has done a great job on our portfolio. He has thought of all potential issues the market can have and has safe guarded are portfolio. It very comforting to have those safe guards in place. Kyle also provided a company to help us to transition from full time work to retirement, specifically for selection of the Medicare insurance and supplements Donna Henry: The stock market to me is scary and I really don't understand it. I rely on my husband and Kyle. When the market is bad Kyle puts our a statement regarding it and it makes me feel so much better. When we have our in office meetings he really listens to my concerns. I totally trust in him. I'm so thankful that we found him.”
“Have the best experience of accounting and taxation services from them.”
“Having Kyle as our financial planner has been a positive experience for us. Not only is he very knowledgeable but also very good at explaining involved financial matters in a way that’s easily understood. Kyle is patient and is dedicated to helping us achieve our retirement goals. Our relationship with Kyle has been tremendous and I highly recommend him to anyone in need of a financial planner!”
“Kyle and team continue to deliver a professional review of where our accounts stand, historical trends of similar economic cycles, and adjustments/recommendations to consider going forward. Blunt, honest but enjoyable, and I always learn something.”
“Megan went over accounts we have, where we’re at and what we accumulated. Helped with making plan for my retirement and a dollar amount on withdrawals were comfortable with.”
“Best decision we did was attend the Retire Ready Seminar with Kyle. Megan is very helpful and we are pleased with the direction she has guided us.”
“Kyle and Megan do a wonderful job in providing guidance on how to manage our investments as we prepare for retirement. We appreciate all their support.”
“We are extremely pleased with Kyle and Mokan Wealth Management. We are confident in their ability to keep our retirement funds growing and safe.”
“Fast, accurate and thoughtful of our retirement plans. Great insight on our needs and how to get there!”
“My wife and I are working with MOKAN for retirement planning. We’re very pleased with their help forming an actual plan for retirement that includes tax planning and account withdrawal strategy. The MOKAN team is highly knowledgeable and very patient with us as we learn how a real retirement plan works.”
“Listens intently with respect and crafts a plan that reduces tax liabilities and maximizes growth that instills confidence as retirement rapidly approaches.”
“MOKAN has turned out to be everything it promised to be ! The office is very welcoming , the staff is supportive and very efficient and Kyle’s strategy plans are delivering all that he he said it could. Very comfortable with the switch to MOKAN”
“Kyle is knowledgeable and thorough in his recommendations for retirement and investment planning. He knows the market and what we are comfortable with to determine our best approach to long term retirement planning and financial security. Keeps us informed of any changes with the market or government regulations and advises us on what if any effect that would have on our plan. Easy to talk to and answers all our questions. So happy and satisfied that he is working for us. In short, no bullshit from this guy!”
“Meeting with Kyle is always informative and insightful. He brings a lot of knowledge to our conversations and I feel like he cares.”
“Wow. Excellent, good communicator, no BS or cliches. Thanks.”
“I had the opportunity to attend one of Kyle’s retirement seminars in 2023. He has been helping my wife and I prepare for retirement in the near future. I highly recommend his services.”
“My husband and I just had a very informative meeting with Kyle. His team keeps us informed throughout the year with news bulletins and webinars.. we also love that he is so responsive to any questions we’ve had along the way.”
“Kyle is attentive and forthcoming during our client meetings. Provides positive suggestions to help us navigate early retirement.”
“I’ve recommended Kyle to several coworkers. He is pleasant, knowledgeable, and I trust his advice for my retirement investments.”
“My husband and I have been working with Kyle for a few years and highly recommend his services. He is funny, smart, and personable. He has given us peace of mind, and our only regret is not finding him earlier.”
“Kyle has been great to work with. He presents solid strategies to minimize taxes and maximize our savings, both short and long term. He has increased our confidence that we are making good decisions in a complex environment. Now we can just enjoy the ride.”
“Kyle and his team are easy to work with and Kyle is always accessible if we need him. We have been with MOKAN Wealth Management for 7 years and believe he has our financial well being as a top priority.”
“We searched for the right investment person for quite sometime. We met with groups and individuals in our search for the right match. We knew we had to feel completely comfortable and at ease with our final choice. After meeting Kyle Hammerschmidt with MOKAN Wealth, we knew we had made the right choice. He knows his way around investments and everything that goes along with that. We feel like we made the right choice for us to move forward in our retirement!”
“Kyle and his team have gone above and beyond to assist me in setting up retirement goals. They are always available to answer my questions . . . even outside of our schedule check-ins. Kyle truly cares about his clients.”
“Kyle has been a great and trusted financial advisor over the last two years. He understands our great goals in our retirement. His advice on Roth conversations has opened our eyes to reducing our taxes down the road.”
“Our experience with MOKAN Wealth Management has been excellent. Kyle Hammerschmidt has been extremely helpful positioning us for early retirement, creating an easy-to-understand roadmap. The whole team is accommodating and easy to work with. We highly recommend their services.”
“Kyle and his team have been a pleasure to work with. With all of the turmoil in the financial world it is good to know we have a secure and knowledgeable manager in our corner. thank you!”
“Kyle and the team at MOKAN Wealth helped us address our retirement planning concerns and they keep us informed with routine check ins”
“The team at MOKAN knows how to take care of its guests.”
“MOKAN has helped us plan for the transition to retirement. It has been more than simply investing our 401k: Walking us through tax strategies, when to turn on Social Security, pulling from Roth vs Traditional IRAs, minimizing Medicare IRMAA costs. And of course investing our retirement. Their calm, patience and knowledge have helped reduce our anxiety through this transition. It is a pleasure to work with Megan. We always look forward to our next meeting with her.”
“MOKAN is outperforming our expectations. We are very pleased with all their services. My husband and I work directly with Megan. She Is very approachable and always available to answer any questions we have. We highly recommend MOKAN Wealth Management.”
“I knew that retirement planning was more than managing my 401k balance and deciding when to take social security. But after spending hours watching videos and reading articles, I was still even more confused about how to put together a money management plan that was more than guesswork. Kyle and his team put together a solid, tax-smart plan that also protects against downward market swings, especially in my early retirement years. I don't have to worry about this anymore.”
“Meagan has been a tremendous help guiding my husband and I towards our retirement goals.”
“Kyle and his team are very helpful in keeping us inline with our goals!”
“I'm very pleased, working with Kyle, Megan and the MOKAN team. I'm confident in the strategies we have planned to achieve growth as I progress towards retirement.”
“Very knowledgeable. Doesn’t talk down to us when going over our numbers. Easy to make an appointment. Very friendly staff.”
“Best move I’ve ever made. Switching over to Kyle and Mo/Kan Wealth. They give sound advice and my portfolio is outpacing the Market. Not to mention the tax saving strategies we are putting in place. What more can you ask! Kyle and Megan have been huge in helping us feel comfortable with retiring and coming up with a roadmap to help support all our travel plans! Retirement here we come!”
“I have been working with Kyle and team for about 2 years now. I was first introduced to Kyle after attending his Retire Ready seminar, which I highly recommend if your wondering how you are going to manage your retirement years. What he said made sense and shortly after our initial consultation, I became a client. I have been extremely happy with my decision and the professionalism he and his team have provided. Kyle spent, and still does, sufficient time to understand my personal situation, goals and investment strategy to provide me with a solid plan that includes not only wealth building and social security advice, but most importantly tax planning. I definitely did not get this type of service from my large brokerage account advisor. I am very pleased with Kyle, Megan and the entire team and this has taken the pressure and stress off my shoulders in managing my portfolio and trying to figure out how I’m going to create a retirement paycheck. I’ve been happily retired for 1.5 years and I have confidence and trust in our plan for the future and can rest easy knowing someone has my back. I would highly recommend you make an appointment with Kyle and his team to get retirement ready.”
“We have been working with Kyle and the team at Mokan for about a year and a half getting ready for retirement. While I was resistant to giving up total control, I knew I didn't want to have to actively manage our investments the rest of our lives and we needed professional help. I attended Kyle’s educational seminar and what he said made a lot of sense. We moved forward with becoming a client after our initial consultation and we’ve never looked back. Kyle spent sufficient time with us to understand our situation, our goals and provided solid recommendations on a comprehensive strategy for income, social security and tax planning. We are very pleased with our experience with Kyle, Megan and the entire Mokan team and would highly recommend their services to anyone who is looking for support with their financial planning. We have started our retirement very confident in our position and we trust in the plan to ensure we can deal with whatever comes in the future.”
“Great at prepping Us for Retirement, stress free and listened to everything we need. We recommend Mocan Wealth Management”
“Kyle and the rest of his staff are very knowledgeable, attentive and available. We are extremely pleased with the service we are receiving and the decision to move our financial planning to MOKAN Wealth.”
“Always there and very trustworthy and you know you funds are safe and will be there for you. Greer communication and coordination and know you will get the most accurate and dependable advice and service”
“Kyle is very good at managing and advising what you should do with your funds. He helps keep you calm during market fluctuations. I would highly recommend Kyle and MOKAN Wealth Management.”
“We have been working with Kyle for about 6 years. We took a couple of his classes (Retirement and Social Security). We learned a lot and liked his approach. Once we started working with Kyle we felt like a weight had been lifted off our shoulders.”
“Kyle and team are helping us achieve the dream of retiring well. With his solid knowledge especially around tax planning, we sleep good at night!”
“Have been working with Kyle for about 6 years. Has done a great job of increasing our net worth. I would highly recommend you give him an opportunity to evaluate what your situation is and develop a plan for you.”
“Kyle has been our financial advisor for 10 years now. He is terrific at understanding our situation and helping us to understand what would be best for us. Couldn ‘t be happier.”
“Meeting with Kyle and Megan made us feel comfortable about our recent losses in the stock market and reassured us that we are still OK with our retirement plans. Not happy but comfortable ;-). Thanks guys.”
“Kyle is very personable and in tune with the clients needs. He asks questions and listens to them to give an honest assessment and feedback! I am truly impressed and appreciative for having him as my advisor!”
“I just wanted to take a moment to show my appreciation for Kyle at MOKAN wealth Management. Kyle is very knowledgeable and very helpful when it comes to investing for retirement. There is no doubt that we would not be where we are with our retirement without his professional advice and long term planning. Thank you Kyle we appreciate everything you have done. Robert Allen”
“Kyle and his team are highly knowledgeable and have their customers best interests in mind. They have helped us a great deal in retirement preparation and financial management. Highly recommend!”
“Mokan is excellent to work with. Kyle is very knowledgeable and I feel he listens to me and provides options to maximize my financial needs. Megan is great! She is very pleasant, responsive and always follows up to ensure my requests are handled.”
“We have been partnering with Kyle and MoKan Wealth for several years now. Prior to joining up with Mokan, we self managed our our retirement plans. We attended one of his classes on taxes in retirement, it opened our eyes to our financial future even more. Kyle does a great job of explaining things, setting expectations, helping to calm the waters and provide valuable communication. Over our time with Mokan, Kyle always keeps us in mind, looks for ways to manage costs so we can maximize our financial future. He reminds us to plan, but enjoy life while responsibly managing our portfolio. Our regular touch meetings are informative and he makes sure we are in alignment. My stress level has dropped considerably when I think about our golden years. There are lots of options when it comes to managing your wealth, I am 100% satisfied with the choice we made to work with Kyle his team.”
“Kyle and his friendly staff have exceeded my expectations for what I look for in a wealth manager. I have worked with MOKAN for several years and could not be happier with the service and results I have experienced.”
“I highly recommend Mokan Wealth Management. Kyle is professional, friendly and easy to work with. He is constant in communication on a monthly basis. I can live stress free thanks to his help and advice.”
“Kyle and MoKan Wealth are great to work with. They consider all of your financial needs and concerns and provide you with the best alternatives to achieving those goals.”
“MOKAN has been advising us for a little over six years. They have always provided us with sound financial advice and have always been available if we do have any questions or concerns. I highly recommend them to anyone looking for a financial representative.”
“Kyle Hammerschmidt possesses a wealth of information about investment management and retirement planning. Above all Kyle keeps it simple and straight forward. He is very personable and stays on top of things.”
“Mr. Hammerschmidt is quick to answer any questions we have. He is very helpful in explaining market ups and downs and their context in the big picture. He worked with us to maximize the growth of our social security and retirement savings with future taxes in mind.”
“MOKAN has helped us plan for the transition to retirement. It has been more than simply investing our 401k: Walking us through tax strategies, when to turn on Social Security, pulling from Roth vs Traditional IRAs, minimizing Medicare IRMAA costs. And of course investing our retirement. Their calm, patience and knowledge have helped reduce our anxiety through this transition. It is a pleasure to work with Megan. We always look forward to our next meeting with her.”
“MOKAN is outperforming our expectations. We are very pleased with all their services. My husband and I work directly with Megan. She Is very approachable and always available to answer any questions we have. We highly recommend MOKAN Wealth Management.”
“I knew that retirement planning was more than managing my 401k balance and deciding when to take social security. But after spending hours watching videos and reading articles, I was still even more confused about how to put together a money management plan that was more than guesswork. Kyle and his team put together a solid, tax-smart plan that also protects against downward market swings, especially in my early retirement years. I don't have to worry about this anymore.”
“Meagan has been a tremendous help guiding my husband and I towards our retirement goals.”
“Kyle and his team are very helpful in keeping us inline with our goals!”
“I'm very pleased, working with Kyle, Megan and the MOKAN team. I'm confident in the strategies we have planned to achieve growth as I progress towards retirement.”
“Very knowledgeable. Doesn’t talk down to us when going over our numbers. Easy to make an appointment. Very friendly staff.”
“Best move I’ve ever made. Switching over to Kyle and Mo/Kan Wealth. They give sound advice and my portfolio is outpacing the Market. Not to mention the tax saving strategies we are putting in place. What more can you ask! Kyle and Megan have been huge in helping us feel comfortable with retiring and coming up with a roadmap to help support all our travel plans! Retirement here we come!”
“I have been working with Kyle and team for about 2 years now. I was first introduced to Kyle after attending his Retire Ready seminar, which I highly recommend if your wondering how you are going to manage your retirement years. What he said made sense and shortly after our initial consultation, I became a client. I have been extremely happy with my decision and the professionalism he and his team have provided. Kyle spent, and still does, sufficient time to understand my personal situation, goals and investment strategy to provide me with a solid plan that includes not only wealth building and social security advice, but most importantly tax planning. I definitely did not get this type of service from my large brokerage account advisor. I am very pleased with Kyle, Megan and the entire team and this has taken the pressure and stress off my shoulders in managing my portfolio and trying to figure out how I’m going to create a retirement paycheck. I’ve been happily retired for 1.5 years and I have confidence and trust in our plan for the future and can rest easy knowing someone has my back. I would highly recommend you make an appointment with Kyle and his team to get retirement ready.”
“We have been working with Kyle and the team at Mokan for about a year and a half getting ready for retirement. While I was resistant to giving up total control, I knew I didn't want to have to actively manage our investments the rest of our lives and we needed professional help. I attended Kyle’s educational seminar and what he said made a lot of sense. We moved forward with becoming a client after our initial consultation and we’ve never looked back. Kyle spent sufficient time with us to understand our situation, our goals and provided solid recommendations on a comprehensive strategy for income, social security and tax planning. We are very pleased with our experience with Kyle, Megan and the entire Mokan team and would highly recommend their services to anyone who is looking for support with their financial planning. We have started our retirement very confident in our position and we trust in the plan to ensure we can deal with whatever comes in the future.”
“Great at prepping Us for Retirement, stress free and listened to everything we need. We recommend Mocan Wealth Management”
“Kyle and the rest of his staff are very knowledgeable, attentive and available. We are extremely pleased with the service we are receiving and the decision to move our financial planning to MOKAN Wealth.”
“Always there and very trustworthy and you know you funds are safe and will be there for you. Greer communication and coordination and know you will get the most accurate and dependable advice and service”
“Kyle is very good at managing and advising what you should do with your funds. He helps keep you calm during market fluctuations. I would highly recommend Kyle and MOKAN Wealth Management.”
“We have been working with Kyle for about 6 years. We took a couple of his classes (Retirement and Social Security). We learned a lot and liked his approach. Once we started working with Kyle we felt like a weight had been lifted off our shoulders.”
“Kyle and team are helping us achieve the dream of retiring well. With his solid knowledge especially around tax planning, we sleep good at night!”
“Have been working with Kyle for about 6 years. Has done a great job of increasing our net worth. I would highly recommend you give him an opportunity to evaluate what your situation is and develop a plan for you.”
“Kyle has been our financial advisor for 10 years now. He is terrific at understanding our situation and helping us to understand what would be best for us. Couldn ‘t be happier.”
“Meeting with Kyle and Megan made us feel comfortable about our recent losses in the stock market and reassured us that we are still OK with our retirement plans. Not happy but comfortable ;-). Thanks guys.”
“Kyle is very personable and in tune with the clients needs. He asks questions and listens to them to give an honest assessment and feedback! I am truly impressed and appreciative for having him as my advisor!”
“I just wanted to take a moment to show my appreciation for Kyle at MOKAN wealth Management. Kyle is very knowledgeable and very helpful when it comes to investing for retirement. There is no doubt that we would not be where we are with our retirement without his professional advice and long term planning. Thank you Kyle we appreciate everything you have done. Robert Allen”
“Kyle and his team are highly knowledgeable and have their customers best interests in mind. They have helped us a great deal in retirement preparation and financial management. Highly recommend!”
“Mokan is excellent to work with. Kyle is very knowledgeable and I feel he listens to me and provides options to maximize my financial needs. Megan is great! She is very pleasant, responsive and always follows up to ensure my requests are handled.”
“We have been partnering with Kyle and MoKan Wealth for several years now. Prior to joining up with Mokan, we self managed our our retirement plans. We attended one of his classes on taxes in retirement, it opened our eyes to our financial future even more. Kyle does a great job of explaining things, setting expectations, helping to calm the waters and provide valuable communication. Over our time with Mokan, Kyle always keeps us in mind, looks for ways to manage costs so we can maximize our financial future. He reminds us to plan, but enjoy life while responsibly managing our portfolio. Our regular touch meetings are informative and he makes sure we are in alignment. My stress level has dropped considerably when I think about our golden years. There are lots of options when it comes to managing your wealth, I am 100% satisfied with the choice we made to work with Kyle his team.”
“Kyle and his friendly staff have exceeded my expectations for what I look for in a wealth manager. I have worked with MOKAN for several years and could not be happier with the service and results I have experienced.”
“I highly recommend Mokan Wealth Management. Kyle is professional, friendly and easy to work with. He is constant in communication on a monthly basis. I can live stress free thanks to his help and advice.”
“Kyle and MoKan Wealth are great to work with. They consider all of your financial needs and concerns and provide you with the best alternatives to achieving those goals.”
“MOKAN has been advising us for a little over six years. They have always provided us with sound financial advice and have always been available if we do have any questions or concerns. I highly recommend them to anyone looking for a financial representative.”
“Kyle Hammerschmidt possesses a wealth of information about investment management and retirement planning. Above all Kyle keeps it simple and straight forward. He is very personable and stays on top of things.”
“Mr. Hammerschmidt is quick to answer any questions we have. He is very helpful in explaining market ups and downs and their context in the big picture. He worked with us to maximize the growth of our social security and retirement savings with future taxes in mind.”
MOKAN Wealth Management has not offered compensation for the testimonials featured. The displayed testimonials have been chosen from a spectrum of client feedback. To the best of our understanding, there are no other conflicts of interest associated with these testimonials. Reviewers are clients. These selected reviews may not represent all client experiences. Reviews shown are 5-star written reviews published on Google, most recent first, and are not edited. Rating and count as of October 19, 2026.
Nearby
Retirement planning nearby
Blue Springs, Kansas City, and Liberty share Missouri's rules and, like Lee's Summit, are dominated by a school district and a hospital.
Common Questions
Retiring in Lee's Summit: common questions
How does Missouri treat a FERS annuity for a Lee's Summit federal retiree?
A FERS annuity is provided by the United States, which RSMo 143.124.1 brings inside the definition, so RSMo 143.124.5 allows the subtraction, capped at the maximum Social Security benefit for the year, $48,967 for 2026. Critically, RSMo 143.124.7 reduces it dollar for dollar by any Social Security exemption you claim. The two don't stack.
Your spouse teaches in Lee's Summit R-7. Same Missouri treatment?
Largely, yes. The subtraction reaches a retirement allowance from this state or any political subdivision, covering state school employee systems and city LAGERS plans alike. R-7 is the city's largest employer at 2,803 people. One thing it won't do: under RSMo 143.124.12 and 135.010(5), neither exemption reduces income for the Missouri Property Tax Credit.
Is a Roth conversion cheaper in Missouri than in Kansas?
On rate alone, slightly. Missouri's top rate is 4.7% for 2025 and 2026, applying above $9,436 of Missouri taxable income under the 2026 withholding formula, so it behaves like a flat tax. Kansas charges 5.58% above $46,000. Either way, the converted amount enters federal AGI, then state AGI.
Next Step
Start with a plan, not a portfolio transfer.
You've saved for decades in 401(k)s and IRAs, and the taxes on that money haven't been paid yet. A Retirement Fit Meeting gives you a clearer picture of how taxes may affect your retirement income, even if you decide not to move forward.