Ask the Adviser: What is the Difference Between Capital Gains and Capital Gains Distributions?
Many investors are surprised to learn that mutual funds can trigger taxable gains even when nothing is sold. This article explains the difference between capital gains and capital gains distributions—and how choosing the proper investment structure can help reduce surprise taxes.
Ask the Advisor: Should You Name Your Estate as Your IRA Beneficiary?
IRA beneficiary rules can be tricky. The wrong choice may trigger taxes, probate costs, and delays. Learn expert retirement planning advice to protect your heirs.
The Risks of Adding Your Child to Your Home’s Deed
Thinking of adding your child to your home’s deed to avoid probate or taxes? It might backfire. Explore the legal, tax, and family risks—and safer alternatives.
5 Things Retirees Should Know about “the Big Beautiful Bill”
The One Big Beautiful Bill Act introduces tax law changes that may reshape your retirement financial planning. From enhanced deductions to estate exemption increases, here’s what retirees need to know now.
The Enhanced Senior Deduction: A Big, Beautiful Deduction for Retirees
The “One Big Beautiful Bill: introduced several significant changes. Along with permanently extended current tax rates and increasing standard deduction, one key provision stands out for retirees: The Enhanced Senior Deduction.…
Five Strategies for Gifting to Adult Children
Giving your children money during your lifetime can be helpful for them and fulfilling for you. There’s a delicate balance, though.
How do I fix a missed RMD?
RMD rules can be highly complex, and it’s easy to make mistakes by taking the wrong RMD amount, taking an RMD from the wrong account, or missing an RMD altogether.
Ask the Adviser: Is my CCRC entrance fee tax deductible?
It depends on the type of contract you sign with your community.
Three Questions to Ask When Inheriting an IRA in 2025
The distribution rules for inherited IRAs can be very confusing. Here, we look at three key questions to help you see through the fog and avoid unnecessary pitfalls.
I Just Inherited an IRA From My Parent. Now What?
The new rule for adults who inherit an IRA from their parents in 2020 and beyond is that they must liquidate that account within 10 years.
Which Retirement Accounts Allow Qualified Charitable Distributions?
Other accounts with RMD requirements include SEP IRAs, SIMPLE IRAs, 401(k)s, and 403(b)s. So, can QCDs be made from these accounts?
Ask the Adviser: Are Gifts to Children Tax-Deductible?
Although gifts to individuals are not tax deductible, you can get a partial deduction for money that will eventually go to your children.
Ask the Adviser: How can I start planning a tax-efficient 2025?
While we can’t be certain about all the possible changes, we do know that some legislation passed in previous years will begin to take effect in January.
Should You Do a Roth Conversion?
Deciding to convert to a Roth IRA doesn’t have to be all or nothing. Let your tax bracket be your guide when determining the amount to convert.
Ask the Adviser: How Can I Guide My Grandchildren to Make Smart Money Choices?
Here are three practical ways to lead those who lack some of the financial skills you’ve gained in your lifetime.
Your 2024 Guide to Year-End Tax Planning
Reducing your tax liability means taking advantage of regulatory updates. We’ll look at some of the year’s tax law changes and opportunities.
Ask the Adviser: What tax consequences should I consider before retiring in Pennsylvania?
While Pennsylvania has minimal taxes on retirement income, the state does levy an inheritance tax. Here’s what that means for you and your heirs.
Don’t Overlook HSAs as a Retirement Savings Vehicle
It’s a little-known fact that health savings accounts can provide an excellent way to save, invest, and take distributions—without paying taxes.
Ask the Adviser: What are the benefits of using a donor-advised fund?
If charitable giving is part of your long-term financial plan, a donor-advised fund can help you tap into greater tax benefits and more easily direct your giving.
Ask the Adviser: How should I use beneficiary designations in my estate plan?
Directing some assets through beneficiaries and others through your will can reduce taxes for your heirs. Here’s what to consider.
