Tax season is a good reminder of 529 plan tax benefits
Tax season can provide a good reminder that 529 plans offer significant tax benefits for families looking for fund college education.
Tag: tax-smart planning
10 ideas to use a Roth IRA to mitigate higher taxes
Investors may want to consider certain strategies to hedge against the risk of higher taxes, including using a Roth IRA conversion.
Three ways to mitigate health-care costs in retirement
Aware of rising health-care costs, investors may be looking for strategies to limit the impact of health expenses on retirement savings.
Engage the next generation with these planning strategies
Financial planning strategies affect multiple generations more often than families realize. College funding, retirement, and tax efficiency can involve children and future heirs. Here are some ideas for conversations that support intergenerational planning and may encourage the whole family to participate. College funding Parents and grandparents may already be helping to support higher education for
Tax-smart planning ideas for 2014
With the introduction of higher tax rates for some taxpayers in 2013 and ongoing tax-reform debate in Washington, it is essential for any comprehensive financial plan to include tax smart planning strategies. Specific income thresholds will trigger the new 3.8% Medicare surtax, income phase-out of itemized deductions, or the highest marginal tax rate. These five