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Financial Advisors

Why your Roth IRA conversions could have ‘unintended’ tax consequences

by Joseph Addison
Why your Roth IRA conversions could have ‘unintended’ tax consequences

Baona | E+ | Getty Images As year-end approaches, you may be eyeing Roth individual retirement account conversions. The strategy, however, boosts your income, which can have other tax consequences, …

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Don’t invest emergency funds after interest rate cut, advisor says

by Joseph Addison
Don’t invest emergency funds after interest rate cut, advisor says

Catherine Mcqueen | Moment | Getty Images After years of higher yields on cash, the Federal Reserve’s shifting policy means lower future returns on savings, certificates of deposit and money …

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Why to avoid knee-jerk reactions to candidates’ proposed tax increases

by Joseph Addison
Why to avoid knee-jerk reactions to candidates’ proposed tax increases

People watch the presidential debate between Republican presidential nominee and former U.S. President Donald Trump and Democratic presidential nominee and U.S. Vice President Kamala Harris at a watch party hosted …

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Harris proposed 28% capital gains tax rate for top earners—what to know

by Joseph Addison
Harris proposed 28% capital gains tax rate for top earners—what to know

Democratic presidential candidate Vice President Kamala Harris arrives at Portsmouth International Airport in Portsmouth, New Hampshire, Sept. 4, 2024. Joseph Prezioso | AFP | Getty Images ‘We don’t make any …

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How to harvest 0% capital gains amid the latest stock market rally

by Joseph Addison
How to harvest 0% capital gains amid the latest stock market rally

During a strong year for the stock market, a lesser-known strategy could help rebalance your portfolio and save on future taxes. The tactic, known as tax-gain harvesting, involves strategically selling …

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Here’s why some investors shouldn’t max out 401(k) contributions

by Joseph Addison
Here’s why some investors shouldn’t max out 401(k) contributions

Hispanolistic | E+ | Getty Images There’s still time to boost 401(k) contributions and max out your plan account for 2024, but not everyone should, according to financial advisors. For …

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This overlooked risk can ‘make or break’ your portfolio, advisor says

by Joseph Addison
This overlooked risk can ‘make or break’ your portfolio, advisor says

How sequence risk hurts your portfolio Investors can typically start withdrawing funds from retirement accounts without penalty at age 59½. But there’s a big risk for younger retirees or near-retirees …

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Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

by Joseph Addison
Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024.  Erin Schaff | Via Reuters Vice President Kamala …

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Working remotely from a cruise? Here’s why the IRS still expects taxes

by Cyril Alington
Working remotely from a cruise? Here’s why the IRS still expects taxes

Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she’s been on for nearly nine months traveling the world. While on board, she’s working remotely for …

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Here’s how the election could impact the muni bond market

by Joseph Addison
Here’s how the election could impact the muni bond market

The first presidential debate between U.S. President Joe Biden and former U.S. President and Republican presidential candidate Donald Trump is projected on a screen projector during a watch party hosted …

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