Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
Strategists at Citi Research found taxable municipal bonds more attractive than corporate bonds, according to Barron's. For example, the year-to-date total return for long-dated taxable munis known as Build America Bonds (BABs) was 13.8%, outpaces the returns of other classes of municipals. Taxable munis, with a year-to-date return of 9.7%, have also outperformed tax-exempt indices. -- Barron's
Taxes are one of life’s sure things, but clients can still make changes after the filing deadline. Here’s how.
Knowing the difference between tax-advantaged and taxable accounts can go a long way in making the most of retirement assets, according to U.S. News & World Report. Withdrawing funds from these accounts without careful planning could lead to a bigger tax liability on retirement income. -- U.S. News and World Report
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How a couple wrote off cat food and other breaks that boosted refunds. Plus, how charity counts toward an IRA withdrawal.
February 14 -
There are ways around having to pay as much as a 50% penalty. Plus, inheriting Roth IRAs and designing more efficient retirement portfolios.
January 31 -
Moving investments into these accounts may optimize returns and boost savings. Plus, know your IRAs and the impact of Trump's proposals on income brackets.
January 25 -
Why it's a good time to invest even small amounts into 401(k) and Roth IRA accounts. Plus, avoiding the capital gains hit.
January 17
Clients may be better off converting their traditional IRA now to play later, according to The Street. RMDs from these accounts are mandatory when people reach 70 1/2. To minimize the tax bill on RMDs, clients should consider transferring a portion of their traditional IRA or 401(k) assets to a Roth account, which offers tax-exempt withdrawals in retirement.
