Retirement Income Planning: Let’s Be Tax Efficient!

Sep 17, 2020 | Financial Planning, Taxes

Congratulations! You made it to retirement, but saving money in different types of investment accounts is only half of the battle. The other half is how do you get your hard-earned assets back to you in a tax efficient manner? There are a number of retirement...

Controlling What We Can in Unusual Times

Mar 20, 2020 | Taxes

This is an unusual time and our thoughts and prayers go out to those of you most impacted by the COVID-19 pandemic. We are monitoring your investments and we continue to keep our eye on the ball when it comes to your financial plan. Tax planning is an area that we...

2020: What Documents Do I Need To Keep?

Feb 20, 2020 | Taxes

As we enter the season of document gathering for tax preparation followed by spring cleaning, its hard to know what to keep and what to let go of. Below is a list to help you with these decisions:

Tax Loss Harvesting

Oct 24, 2019 | Financial Planning, Taxes

It might seem counterintuitive but owning an investment with a loss can be beneficial – at least from a tax perspective.  To illustrate, consider the mentality of car ownership for those of us who aren’t “car people.”  That is, we don’t care much about make, model, or...

How High-Income Earners Can Make Roth IRA Contributions

Jun 21, 2019 | Financial Planning, Taxes

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

Jun 6, 2019 | Financial Planning, Taxes

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...