Inherited IRAs . . . What You Need to Know
Inheriting IRAs introduces far-reaching tax complications. Make sure to take all issues into account before distributing or reinvesting your inheritance.
Watching The Tax Proposal Duel Unfold
When Susan Roman and I sit down with folks to help them design their retirement system, we usually discuss whether it makes sense to use investment vehicles that result in…
All IRAs Are Not Created Equal
If you have ever driven past our office on Teaticket Highway, you may be surprised to hear that four of us work in that small space. We do well with…
The Most Wonderful Tax Advantages of the Year
While all three of my girls love this time of year, it is my Phoebe who truly exudes the Christmas spirit. Every year after Thanksgiving, Phoebe decorates her room with…
Find Your Own Taxable ‘Sweet Spot’
In anticipation of my 50th birthday, I have challenged my three kids to race against me in the Falmouth Road Race next August. I have bet them each that I…
Shifting Your Tax Strategy With the Shifting Markets
Lately, Susan and I have received quite a few phone calls from prospective clients thirsting for strategies to minimize the losses in their retirement portfolios. Folks, no doubt, we have…
Digging Deeper Into Your IRA
Many reading this article may think IRAs are relatively straightforward, the tax laws surrounding them are black and white, and the rules are clear. But sometimes things are not as…
NUA—What You Need To Know
Jeff is away and so he asked me to write the article this week. At first I was hesitant. As I told him, he has very big shoes to fill.…
Marginal Tax Rates—Beware
Butch and Teresa, each age 58, recently stumbled into early retirement. Teresa never worked outside the home, and Butch was laid off from his position at a chemical company. They,…
Paying Taxes For Safety
About a week-and-a-half ago I had an appointment with a very nice couple. They are married, in their middle to late 60s, are very successful, have brought up a very…