Ask the Adviser: How long should I keep my financial documents?
The guidance varies depending on the document. We’ll look at what to consider with bank statements, tax returns, and other common file types.
A 10-Question Pop Quiz to Test Your Tax and Investment IQ
How much do you know about the tax implications of investing? This quiz tests your knowledge and gives you a chance to brush up on the basics.
What to Know When Investing in REITs
Real Estate Investment Trusts offer a way to invest in real estate without having to actually manage property. Yet it’s wise to understand the taxation first.
The Pros and Cons of Self-Directing Your Employer-Sponsored Retirement Account
While more investment choices may be appealing, there are some issues to be aware of before taking this direction.
You’ve Been Given the Chance to Retire Early—Now What?
You’ve brought in a regular income and made wise investments throughout your life. Now you’re facing the transition from generating income to drawing down your savings.
Ask the Adviser: How can I build tax diversity into my portfolio?
Understanding how different investment accounts are taxed—and how they balance each other—is a great place to start.
Are You Maximizing the Tax Benefit of Your Charitable Gifts?
The IRS is not trying to discourage charitable giving. It is tightening requirements to limit abuses.
Whether You Are Retiring Now or in 10 Years, the Consolidated Appropriations Act Could Help You Save
Some changes take effect this year, and others are delayed until 2024, 2025, 2026, or even 2033.
Understanding RMDs Can Help You Save
Want to design a tax-efficient retirement? Learning how and when to take required minimum distributions (or RMDs) can be a key part of your overall strategy.
Are Roth Conversions Right for People Over 73?
Roth IRAs are not subject to RMD rules.
Learn These IRA Rules to Avoid Costly Penalties
Full of tricky timing concerns, the rules for IRA withdrawals are commonly misunderstood. Here, we explain five of them.
7 Steps to Take When You Inherit an IRA
When Inheriting an IRA there are complex rules you will need to follow to avoid costly errors.
Required Minimum Distributions (RMDs): Follow the Rules to Avoid Costly Penalties
Taxpayers reaching age 72 should be aware that a portion of the funds in their retirement accounts starts to become taxable each year—and pitfalls are common.
Homeownership: The Good, the Bad, and the Expensive
A home is both an asset and a liability. It can be sold like an asset at some point in the future, but there are ongoing expenses that come with homeownership.
Don’t Overlook These Inflation-Related Opportunities
Discover several ways to offset inflation through tax-efficient saving in 2023.
Ask the Adviser: How do I pay taxes on retirement income?
There are two ways to satisfy the year-round tax payment obligation for retirement income. Taxes can be withheld from your benefits, or you can make estimated payments to the IRS.
Ask the Adviser: Is it ever okay to sell investments during a bear market?
However, this doesn’t mean that you should never sell during a market decline. Here are three scenarios when doing so may be a shrewd move.
The Pros and Cons of Paying off Your Mortgage Early
Wondering whether to close out your home loan ahead of schedule? We’ll look at the benefits of doing this—and when it might be better to invest in bonds instead.
Ask the Adviser: What does the Inflation Reduction Act mean for my ACA subsidies?
The Inflation Reduction Act extends premium tax credits through 2025—and expands who’s eligible.
Ask the Adviser: What can I do to offset PA inheritance tax for my heirs?
Pennsylvania is one of only six states that requires inheritance tax. Here, we look at a variety of ways residents can reduce the tax on passed down assets.
