Wealth Management

JANUARY 17, 2025

The SEC claims Vanguard made misleading statements about capital gains distributions and tax consequences to retail investors who held target date funds in retirement accounts.

Retirement 218

Retirement Distribution Retail Taxes 218

Nerd's Eye View

FEBRUARY 15, 2023

Health Savings Accounts (HSAs) feature useful tax advantages that make them a popular savings vehicle. One possible outcome of ‘superfunding’ an HSA, however, is that the account owner may not actually use up all of their HSA funds over their lifetime, which can have significant tax consequences. Read More.

Distribution 246

Distribution Taxes Medical Accounting 246

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 backdoor Roth conversions).

Tax Planning 246

Tax Planning Taxes Planning Retirement Planning 246

Nerd's Eye View

DECEMBER 28, 2022

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72. In addition, SECURE 2.0 backdoor Roth conversions).

Tax Planning 246

Tax Planning Taxes Planning Retirement Planning 246

Abnormal Returns

NOVEMBER 20, 2024

(sites.libsyn.com) Frazer Rice talks with Christine Benz author of "How to Retire" (podcasts.apple.com) Carl Richards talks money and more with journalist Kara Swisher. 50fires.com) Retirement Gray divorce can have a huge effect on your retirement. nytimes.com) Taxes in retirement only get more complicated.

Estate Planning 162

Estate Planning Retirement Marketing Marketing 162

Abnormal Returns

MARCH 12, 2025

wsj.com) On the growth of university-affiliated retirement communities. ft.com) Retirement The sequence of returns matters most in the first few years of retirement. morningstar.com) Why you need to understand your retirement withdrawal strategy, especially in a downturn. npr.org) A Q&A with Jonathan Clements.

Insurance Coverage 147

Insurance Coverage Retirement Insurance Planning 147

Nerd's Eye View

MAY 17, 2023

Like native-born workers, foreign workers need to think about saving for retirement, planning for their children’s college, managing healthcare costs, and all manner of other financial goals. For example, the tax benefits of certain accounts can sometimes work in the other direction if a non-U.S.-born

Taxes 246

Taxes Investing Investments Accounting 246

Abnormal Returns

FEBRUARY 26, 2025

mrmoneymustache.com) Why you need to account for your Treasury income on your state taxes. aptuscapitaladvisors.com) Retirement There are different levels of retirement readiness. fastcompany.com) What to consider when rolling over a 401(k) account to an IRA. Developers are taking note.

Asset Allocation 162

Asset Allocation Retirement Financial Planning Accounting 162

Darrow Wealth Management

NOVEMBER 11, 2024

Because many taxpayers earn too much to make pre-tax IRA contributions as they have a 401(k) at work. Although any investor with earned income can make a non-deductible contribution to an IRA (up to $7,000 in 2024-2025 if under age 50) and still take advantage of tax-deferred growth, it still may not be advisable. Yes and no.

Taxes 95

Taxes Distribution Retirement Retirement Planning 95

Abnormal Returns

AUGUST 26, 2024

investmentnews.com) Retirement savings Capitalize is helping people transfer old 401(k) accounts. (riabiz.com) Going solo Not every financial adviser wants to build a lasting franchise. investmentnews.com) The pros and cons of going solo. riabiz.com) State auto-IRA programs seem to drive companies to start their own plans.

Taxes 263

Taxes Financial Advising Financial Advice Planning 263

Darrow Wealth Management

FEBRUARY 9, 2025

The idea of living off dividends in retirement sounds nice, but investors often don’t realize how much money they’ll need invested to generate enough income from dividends to cover lifestyle expenses. So historically, every $1 million invested would yield annual dividend income of $19,800 on average… before tax.

Retirement 67

Retirement Asset Allocation Taxes Portfolio 67

Carson Wealth

FEBRUARY 27, 2025

Like gardening or working out, tax planning is one of those activities where you get out what you put in. Tax planning is similar in the sense that you can put work in on the front end that youll reap benefits from later. Tax planning is similar in the sense that you can put work in on the front end that youll reap benefits from later.

Taxes 98

Taxes Tax Planning Distribution Planning 98

Nerd's Eye View

OCTOBER 26, 2022

Roth conversions are, in essence, a way to pay income taxes on pre-tax retirement funds in exchange for future tax-free growth and withdrawals. Conversely, if the opposite is true and the converted funds would be taxed at a lower rate upon withdrawal in the future, then it makes more sense not to convert.

Taxes 246

Taxes Assets Accounting Retirement 246

Abnormal Returns

AUGUST 14, 2024

podcasts.apple.com) Taxes The 0% capital gains bracket is an opportunity. whitecoatinvestor.com) Why it's important to do tax planning before you start taking Social Security. nytimes.com) Retirement Six myths in retirement including 'You don't need a financial advisor.' wsj.com) A first hand account of retirement.

Tax Planning 281

Tax Planning Retirement Financial Advisor Education 281

Abnormal Returns

DECEMBER 4, 2024

Podcasts Christine Benz talks 2025 taxes with Ed Slott author of "The Retirement Savings Time Bomb Ticks Louder." morningstar.com) Dan Haylett talks with Christine Benz, author of "How to Retire: 20 Lessons For a Happy, Successful, And Wealthy Retirement." apolloacademy.com) Taxes Some things to know about doing a QCD.

Retirement 147

Retirement Estate Planning Taxes Assets 147

Nerd's Eye View

MAY 29, 2024

Small business owners often treat their businesses not only as their source of income during their working years, but also as an asset that can be sold to fund their retirement. One way to reduce the tax impact of selling a small business is by using an installment sale. Under IRC Sec. Under IRC Sec. Read More.

Sales 246

Sales Taxes Assets Retirement 246

Abnormal Returns

FEBRUARY 12, 2025

monevator.com) Retirement accounts Half of American workers now have a 401(k) account. wsj.com) On the downside of tax-deferred retirement accounts. awealthofcommonsense.com) Sometimes is pays to accelerate taxes. (awealthofcommonsense.com) The senior housing market is bouncing back from the pandemic.

Retirement 147

Retirement Accounting Taxes Marketing 147

Carson Wealth

DECEMBER 20, 2024

Strategic charitable giving not only benefits the recipient but can also create significant tax advantages for the giver. You can deposit money into the account now, receive the tax benefit, and then make the donation in your own time. Theres no time limit on when you need to make the donation.

Financial Planning 109

Financial Planning Planning Estate Planning Taxes 109

Nerd's Eye View

AUGUST 7, 2024

That's because, depending on the beneficiaries' individual situations, different types of assets will have different tax characteristics when inherited, which might make particular assets better or worse for different beneficiaries depending on their tax circumstances.

Estate Planning 246

Estate Planning Taxes Assets Planning 246

Abnormal Returns

JUNE 5, 2024

(ritholtz.com) Dan Haylett talks with Stephanie McCullough, founder of Sophia Financial, about the challenges facing women planning for retirement. humbledollar.com) Gold is not taxed like stocks and bonds. wsj.com) Retirement When to collect Social Security is a complex decision, that you can't take back.

Estate Planning 298

Estate Planning Retirement Planning Taxes 298

Advisor Perspectives

NOVEMBER 13, 2023

Research on tax-efficient retirement distribution strategies aims to sequence withdrawals from taxable, tax-deferred, and tax-exempt accounts to maximize after-tax spending.

Taxes 126

Taxes Retirement Management Distribution 126

Darrow Wealth Management

JANUARY 16, 2025

A step-up in basis is a tax advantage for individuals who inherit stocks or other assets, like a home. Understanding step-up in basis at death If youve received an inheritance you may have questions about the tax treatment of certain assets. This increases the tax basis, which determines capital gains or losses when the asset is sold.

Assets 98

Assets Estate Planning Taxes Wealth Management 98

The Chicago Financial Planner

JANUARY 17, 2022

Annuities are often touted as the “cure” for all that ails your retirement. Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay your beneficiary a specified minimum amount, such as your total purchase payments.

Retirement 185

Retirement Insurance Financial Planner Taxes 185

Abnormal Returns

APRIL 15, 2024

riabiz.com) Retirement accounts On the downside of holding non-traditional assets in an IRA. investmentnews.com) Why funds in pre-tax retirement accounts need to be adjusted for taxes. (riabiz.com) Advisortech Cache wants to update the exchange fund for the tech era.

Wealth Management 262

Wealth Management Asset Allocation Retirement Financial Planning 262

Abnormal Returns

JANUARY 15, 2024

(thinkadvisor.com) Vanguard is entering the cash management space with the Cash Plus Account. citywire.com) Taxes There simply aren't enough tax preparers to go around. obliviousinvestor.com) It's hard to say you are a holistic financial adviser without tax management. riaintel.com) HNW clients want additional services.

Financial Planner 278

Financial Planner Wealth Management Retirement Planning Financial Advising 278

Carson Wealth

MARCH 7, 2024

By Jake Anderson, CFP ® , Wealth Planner When helping clients begin retirement planning, the same questions often arise: What should my retirement plan look like? Your lifestyle, goals, family situation, and risk tolerance will give a unique signature to your retirement plan. How much should I be saving?

Retirement Planning 143

Retirement Planning Retirement Planning Risk Tolerance 143

Abnormal Returns

MARCH 20, 2024

ritholtz.com) Dan Haylett talks with Christine Benz about her new book "How to Retire: 20 Lessons For A Happy, Successful & Wealthy Retirement." humansvsretirement.com) Bogumil Baranowski talks with Dan Haylett about 'retirement rebels.' tonyisola.com) Retirement Retirement lessons from Lewis & Clark's expedition.

Asset Allocation 278

Asset Allocation Retirement Commission Taxes 278

Nerd's Eye View

DECEMBER 13, 2023

Although numerous tax-advantaged vehicles are available for retirement savings, Health Savings Accounts (HSAs) have particular benefits for individuals saving for retirement. This can allow individuals to save a significant amount that can be withdrawn tax-free for medical expenses later in retirement.

Retirement 246

Retirement Medical Taxes Planning 246

Abnormal Returns

OCTOBER 18, 2023

open.spotify.com) Retirement Nine things to consider in retirement. tonyisola.com) Retirement is, in part, about saying no to obligations you don't like. marketwatch.com) The retirement savings system is still way too complex. humbledollar.com) How to find abandoned retirement accounts.

Insurance 264

Insurance Math Retirement Taxes 264

Nerd's Eye View

FEBRUARY 8, 2023

Seasoned financial advisors have likely worked with clients with a wide variety of workplace retirement accounts, which can vary in terms of their investment offerings, fees, and other characteristics. In 2022, the TSP underwent a series of changes impacting its many account holders. But given that the U.S.

Planning 246

Planning Retirement Retirement Planning Government 246

Nerd's Eye View

JANUARY 31, 2024

In late 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, introducing several significant changes to retirement planning. This shift has led financial advisors to explore new strategies for mitigating the resulting tax-planning challenges.

Financial Advisor 246

Financial Advisor Estate Planning Nonprofit Financial Planner 246

Nerd's Eye View

AUGUST 9, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent survey indicates that clients of financial advisors are more confident than others about their financial preparedness for retirement and are more likely to have a financial plan in place that can weather the ups (..)

Financial Planner 246

Financial Planner Taxes Financial Planning Estate Planning 246

Harness Wealth

MARCH 7, 2025

This weeks Tax Advisor news roundup covers key updates for financial professionals. Last but not least, we have a rundown of the IRSs ‘Dirty Dozen’ tax scams for 2025. Wealth Taxes in Europe, 2025 ( Cristina Enache , Tax Foundation) Net wealth taxes are recurrent taxes on an individuals wealth, net of debt.

Taxes 52

Taxes Retirement Financial Advisor Retirement Planning 52

Carson Wealth

OCTOBER 24, 2024

Retiring abroad can be a dream come true for many Americans, offering the opportunity to explore new cultures, enjoy different climates, and potentially stretch retirement savings. Taxes One of the biggest financial considerations for Americans retiring abroad is understanding how taxes will work.

Retirement 142

Retirement Healthcare Taxes Medical 142

Abnormal Returns

NOVEMBER 22, 2023

humbledollar.com) You can do tax-loss selling alongside a broader portfolio review. humbledollar.com) Housing Charlie Shafer, "Don’t foist white elephants onto future generations." (washingtonpost.com) Retirement The case for simplifying your financial life as you get older. barrons.com) What makes for a retirement super-saver.

Retirement 279

Retirement Taxes Planning Banking 279

Abnormal Returns

OCTOBER 16, 2024

wapo.st) Taxes Things to consider when taking RMDs from different IRA accounts. contessacapitaladvisors.com) Six lessons learned from a 6-week mini-retirement including 'Appreciate what you have.' sherwood.news) A look at six phases of retirement. (tonyisola.com) How to build a TIPS ladder. bloomberg.com)

Transportation 288

Transportation Insurance Retirement Taxes 288

Harness Wealth

JANUARY 29, 2025

April 15 marks the IRS tax return filing deadline for 2025. Although this is the traditional tax filing deadline, given the spate of recent natural disasters (such as the California wildfires and Hurricane Milton), the IRS is granting certain filing and payment extensions beyond this date.

Taxes 52

Taxes Medical Distribution Tax Planning 52