invest-plan.jpg

LATEST NEWS

A Transfer on Death (TOD) account is where the client filled out a TOD form where assets automatically transfer to a named beneficiary when...

will or testament.jpeg

Joint Brokerage Accounts are most common between spouses but may be utilized for parents, kids, or others with mutual financial goals..

Joint account.jpeg

hen thinking about retirement, most save through an employer (like a 401k). The second option is through a personal Individual Retirement Account (IRA)…

IRA Overview.jpeg

When you name a beneficiary for an asset, it transfers upon your death to the named person. Many types of accounts allow this; investment accounts, IRAs, retirement accounts, life insurance policies, etc..

stock market graph.jpeg

In this situation, one idea is to open a UTMA for your kid (your kid is the beneficiary today and becomes the owner when they turn 21). Why is this? UTMA accounts are taxed favorably…

kid making homework.jpeg

If business titan Peter Thiel’s $5 billion tax-free individual retirement account has you jealous, here’s a way to build a pot of tax-free retirement savings without paying much in taxes: A mega-backdoor Roth conversion...

roth contribution.jpeg

Real Estate investing is popular for many reasons, but one, in particular, is the ability to write off depreciation..

house in the countryside.jpeg

Transfer the money to your own account
If you inherit from your spouse, you can transfer the money into your own retirement account..

Ira increase.jpeg

Most individuals are employed by a company and paid wages from a salary (W2 employees). Here are some ways individuals can reduce their tax burden..

taxes paperwork.jpeg

A Simple Estate Planning Checklist

When you name a beneficiary for an asset, it transfers upon your death to the named person. Many types of accounts allow this; investment accounts, IRAs, retirement accounts, life insurance policies, etc..

estate investment.jpeg

Who doesn’t like to save on taxes? Taking an in-kind distribution of public company stock from your 401k may result in more favorable tax treatment than taking the distribution in cash...

401k stock market investment.jpeg