Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
Advisers can help clients tweak their outside investments so they return some of the same, or better results, commonly associated with 401(k) plans, according to USA Today. This approach relies on imitating the savings habits of these retirement plan participants. -- USA Today
Clients seeking better after-tax yield are better off with municipal bonds that provide offer tax-free interest income, according to The Street. For example, a 2.2% muni yield is equivalent to 3.9% in taxable yield for investors in the 39.6% tax bracket and paying a 3.8% Medicare surcharge. Muni yields are also exempt from state taxes in several states. The Street
Taxes are one of life’s sure things, but clients can still make changes after the filing deadline. Here’s how.
Making a direct transfer from an IRA to a charity will count the money toward your client's RMD, according to Money. But because it’s not directly distributed to the client, their adjusted gross income won’t increase. This also makes fewer social security dollars taxable. Money
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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
