Posts Tagged: 401K
What’s an RMD?
The short answer: a Required Minimum Distribution. Do you have an IRA or 401K? You cannot defer your taxes indefinitely. The general rule states that, once you attain age 70.5, you must start taking taxable withdrawals from your account. To make the discussion easy, I will speak on IRA a...READ MORE
Is That Really Your Money?
When you look at your monthly brokerage statement, you see the values and what has happened in your account over the last 30 days. It’s pretty simple math: “You started there, you finished here, and what happened to cause the changes—dividends (increase), market gains (increase), market decl...READ MORE
Taxes & the Hidden Alpha
I am of the opinion that every wealth management firm should have someone with a strong tax background – very strong! Like having a CPA or Masters of Science in Taxation (MST). Why is tax expertise so important? Our client work is quite fluid and virtually every action we take has tax conse...READ MORE