Tax strategies

A relatively new approach for measuring savers’ progress toward goals is gaining steam, but it’s not without its imperfections.

Advisors say it’s never too early to start saving for college.

Breakaway uncertainty is forcing the RIA to re-evaluate its growth strategies.

While clients cannot determine their health care expenses and taxes in retirement, they can improve their prospects by minimizing investment fees and diversifying their portfolios.

The proposed overhaul may severely limit investors’ ability to minimize capital gains on stock.

While there’s no fail-safe method for modeling the costs, a popular calculation may significantly under- or overstate the burden of tuition, room and board, Kitces.com research associate Derek Tharp writes.

Clients should consider tax breaks such as education expenses, mortgage interest payment and small business costs.

Advisors should keep a close eye on these provisions, Dave Grant says.

Advisors should contact every client who did a Roth conversion in 2017 to discuss a key change in tax regulations, Ed Slott says.

One fifth of AdvicePeriod's clients have a net worth over $10 million. Many pay an annual fee of around $200,000.