Do You Qualify for the 0% Tax Rate for Capital Gains and Dividends?
Many people currently qualify for a 0% federal income tax rate on net long-term capital gains (LTCGs) and qualified dividends earned in their taxable accounts. Investment assets that may qualify […]
Dynasty Trusts Can Help You Leave a Generations-Spanning Legacy
Trusts generally are used to reduce tax and help individuals leave wealth to their loved ones. But most trusts don’t last forever and applicable taxes may discourage trust owners from […]
How Catch-Up Contributions Can Bolster Retirement Savings
If you’re age 50 or older, you can make extra “catch-up” contributions to certain types of retirement accounts. Many people fail to capitalize on this opportunity because they haven’t looked […]
2 Important Breaks for Mature Taxpayers to Consider
2 Important Breaks for Mature Taxpayers to Consider If you’re an “experienced” taxpayer, you’re probably entitled to some age-based federal income tax breaks that younger taxpayers can’t claim. Here are […]
Deciding When to Transfer Wealth: Factors to Consider
Should you transfer wealth during your lifetime or transfer it to heirs after your death? Answering this question can be complicated because many factors are involved. For example, you might […]
Options for Overfunded or Unused 529 College Savings Accounts
Section 529 plans can be a tax-smart way to save for college and other qualified education expenses. Contributions to these plans aren’t deductible for federal tax purposes, but earnings and […]
4 Common Estate Planning Pitfalls
4 Common Estate Planning Pitfalls Estate planning involves a lot of moving parts. So you’d be forgiven for overlooking or forgetting about certain issues when making decisions about transferring […]
An Inside Look at Qualifying for Financial Aid
Parents with college-bound children often don’t understand the complexities of the financial aid process. They can’t plan for the tuition costs effectively without the right information on what to do […]
5 Ways Financial Advisors Can Help Start-Ups Succeed
5 Ways Financial Advisors Can Help Start-Ups Succeed Every business starts with a “seed” idea that germinates into a fledging business under the right conditions. The decisions that owners make […]
Take Note of the Distinctive Features of a Roth IRA
For certain individuals, Roth IRAs can offer income and estate tax benefits that are preferable to those offered by traditional IRAs. However, it’s important to take note of just what […]