Year-end considerations for smart income-tax planning
The tax reform law created a new tax landscape that could have a significant impact on year-end income-tax planning.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Posts by: Bill Cass, CFP®, CPWA®
Three retirement planning topics for year-end meetings with investors
As year-end nears, retirement planning becomes a focus for investors, especially retirees who have year-end deadlines for retirement income distributions.
Tax law creates benefits for taxpayers to invest in Opportunity Zones
Tax reform has created an opportunity for investors to defer taxes on capital gains if they invest in so-called “Opportunity Zones”
Gift while living or transfer assets to heirs at death?
Individuals can choose to make a gift while they are living, or include it in their estate plan for distribution upon death.
Rules for NOLs change under tax reform
Business owners may want to review their tax filing strategies as tax reform made some significant changes to the rules for managing net operating losses (NOLs).
What is down the road for tax reform?
A new tax reform package recently passed the House, but its future in the Senate is uncertain.
Investors should consider umbrella coverage when crafting a financial plan
Investors may overlook a serious risk to their net worth — creditor risk — and as a result not carry excess coverage such as umbrella insurance.
Last chance to undo a Roth conversion
This October marks the last chance that investors can undo – or recharacterize – a 2017 Roth conversion.
Three top financial challenges facing Millennials
Millennials face different financial challenges than previous generations as they set goals for saving for retirement, paying debt, and buying a home.
Five questions to ask your estate planning attorney about the new tax law
Estate planning remains important for investors despite changes under the new tax law.