Taxable Versus Tax-Deferred Accounts
Some people do all of their investing in an employer-sponsored retirement plan where earnings are untaxed until withdrawn, and perhaps in an IRA as well. Withdrawals are generally taxed at [...]
Information on New Tax Plan
The Tax Cuts and Jobs Act, H.R. 1, agreed to by a congressional conference committee on Friday and expected to be voted on by both houses of Congress during the week of Dec. 18, contains a large [...]
Year-End Tax Planning
President Trump urged far-reaching changes to the Internal Revenue Code. Full details of this plan have yet to be revealed but could lower tax rates for individuals and businesses. As an offset, [...]
Sell High, Buy Low
Studies indicate that savvy asset allocation may lead to long-term investment success. Individuals can find a desired mix of riskier asset classes, such as stocks, and relatively lower risk asset [...]
Be Cautious With Hard to Value IRAs
Virtually any investment can go into an IRA, other then life insurance and collectibles. In recent years, questionable outlooks for stocks, bonds, and savings accounts have encouraged many IRA [...]
Planning for today’s pensions and more
Beyond age 70 1/2, you generally must withdraw at least a certain amount from your retirement plan each year. The number is based on your age and the account balance at the end of the previous [...]
The President-Elect’s Tax Plan
Donald Trump’s election victory, along with Republican congressional control, foreshadows significant tax law changes on the horizon. Considering the “100-day rule” (i.e, much of what a president [...]
