Blog Articles
The Retirement Tax Bomb
If you are a diligent saver socking away money into your retirement accounts, you may be setting yourself up for some unintended income tax consequences. The good news is with some careful planning, you may be able to defuse the effects of the “retirement tax bomb.”
Roth IRA Conversion Income Tax Implications
Converting your pre-tax retirement account balances to Roths can effectively position you for a tax-efficient retirement. When performing a Roth conversion, you may be confronted with the decision to withhold income taxes from the amount being converted. This decision can be complex and depends on various factors, including your current financial situation, income tax brackets, and long-term financial goals.
Strategic Ways to Use Donor Advised Funds
In order to employ them effectively, it is important to understand the structure, the income tax treatment, and the strategies available that will provide the most bang for the buck.
4 Questions to Ask When Deciding to Fund a Traditional or Roth IRA
Originally posted on LinkedIn on March 2, 2020