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Most financial articles and research focus on the accumulation stage of retirement planning, involving what fund to invest in or what type of account to contribute to. But once you have saved and accumulated assets, the logistics of spending it are just as important.  Traditional knowledge or “conventional wisdom” states that you want to take […]

The markets, represented by the S&P 500, had a wild ride last week, dropping over 10% for the first time in a while.  Even though no one enjoys these dips they can provide a tax opportunity through a strategy called tax loss harvesting, which has been shown to provide an additional return of .3%¹. Tax […]

Bonds come in many different shapes and sizes but one important aspect of them is their taxation. Some bonds pay a dividend that is taxable and some pay a dividend that is non-taxable, also called a Municipal bond. There are many caveats that can effect bond taxation, including the state that you live in, but […]

When the new tax law was passed, it included a provision that got rid of recharacterizations of ROTH conversions. The rule used to state that if you converted an IRA into a ROTH, and then wanted to reverse that decision, you had until the due date for your tax return (including extensions) to do so. […]

One of the most frequent questions I get asked is if someone should contribute to an IRA or a ROTH. This is a great question and should be analyzed carefully because the net result can add up to hundreds of thousands of dollars difference. To start out, an IRA contribution is put in prior to […]

I hope everyone is planning a New Year’s resolution. Even though according to U.S. News, about 80% of resolutions fail by the second week in February, it is still a good process to go through and you just may be that 20% that make it longer. For 2018, my resolution is to eat healthier, mainly by […]

Bitcoin is a decentralized digital currency (cryptocurrency). It is not controlled or regulated by a government or central bank and doesn’t need a middleman like a bank to transfer between users. Bitcoin has been the trendsetter and most well-known cryptocurrency, but others include Litecoin, Ethereum, etc. While they all work slightly different and use varying […]

With the end of the year fast approaching, let’s remember that we still have time to save on taxes. Even though Washington D.C. is fighting it out to see what our future tax code will look like, we know the rules today and we can take steps now to help us for tomorrow. Here are […]

While people like to focus on what “hot” stock to purchase or the next “get rich” investing scheme, we like to focus on the tried and true principles of financial planning, and a BIG one is tax planning. Let’s start with a concept called Asset Location, which the Vanguard Group study “Putting a Value on […]