Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
IRS Reminds Retirees of April 1 RMD Deadline
By Melanie WaddellThis is the last day to begin receiving requirement minimum distribution payments from IRAs, 401(k)s and similar retirement plans.
March 24, 2022
Why Social Security Claiming Really Counts for Wealthy ClientsStrategic claiming can produce $100,000 for income or legacy goals — easily earning advisors "investment alpha."
March 24, 2022
Beware of These Backdoor Roth Dangers: Advisors' AdviceSeven advisors weigh in on key issues to avoid when considering this retirement tool for their investor clients.
March 23, 2022
10 Ways to Help Prospects Who Want IncomeThey have questions about your advisory firm. What are the income-producing investment choices you can offer them?
March 23, 2022
5 Ways to Lower RMDs, Help Clients Reduce Medicare SurchargesStrategies to trim required minimum distributions can lessen the impact of income-related monthly adjustment amounts, or IRMAAs.
March 22, 2022
How to Safely Cash In on Your Home Equity WindfallIs it safe to use your home as an ATM, especially as fears of a recession loom? And, if so, what steps should you take?
March 22, 2022
12 States With the Lowest Taxes in AmericaWalletHub looked at four types of taxation: real estate taxes, vehicle property taxes, income taxs, and sales and excise taxes.
March 22, 2022
13 Funds to Buy for Your IRA: MorningstarRussel Kinnel, director of manager research, selected these funds as good fits based on their five-year tax-cost ratios.