Timing Isn’t Everything
Over the course of a summer, it’s not unusual for the stock market to be a topic of conversation at barbeques or other social gatherings. A neighbor or relative might ask about which investments are good at the moment. The lure of getting in at the right time or...How High-Income Earners Can Make Roth IRA Contributions
For many retirees, taxes comprise one of the largest expenses they face after they stop working. Managing your tax situation and using a tax efficient withdrawal strategy is important to maximizing your investment portfolio. A key component to this is having money in...Tax Diversification in Retirement
As you know, diversification is important when it comes to asset allocation and investing. What you may not have heard is how equally important diversification is in tax location, especially when it comes to retirement income planning. Many retirees find themselves in...Qualified Opportunity Zones – A New Way to Reduce Taxes
One of the many details buried within the 2017 Tax Cuts and Jobs act is the establishment of Qualified Opportunity Zones (QOZ). Below, we explore the details and potential tax benefits of QOZs. What is a Qualified Opportunity Zone? QOZs are economically distressed...How to Efficiently Access Your Retirement Money Before Age 59.5
Pre-tax retirement accounts are a wonderful way to save for your future in a tax-advantaged manner. In most instances, your contributions to these types of accounts reduce your tax liability during your working years. In order to take advantage of the tax deferral you...The Index Bogeyman
Over the last several years, index funds have received increased attention from investors and the financial media. Some have even made claims that the increased usage of index funds may be distorting market prices. For many, this argument hinges on the premise that...3 Tax Refund Strategies for Your Retirement Plan
It’s April, which means it’s that time of the year to settle up with the IRS.