Retirement Distribution Tax Planning

By J.K. Roberts, CFP, CRPC | March 19, 2018 | Comments Off on Retirement Distribution Tax Planning

“Please consult your tax advisor.” This is the standard disclaimer brokerage firms give whenever a client requests a withdrawal from their retirement account. It’s there way of washing their hands of the situation. Brokerage firms focus on investments, not taxes. Brokerage firms often have thousands…

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New Roth IRA Recharacterization Rule

By J.K. Roberts, CFP, CRPC | January 30, 2018 | Comments Off on New Roth IRA Recharacterization Rule

A major change to the tax rules starting in 2018 could leave many paying high taxes on investments that they have lost money on. The new tax law prevents recharacterizations of Roth IRA conversions made starting this year. Going forward, you’re stuck with the tax…

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Tax Gain Harvesting

By J.K. Roberts, CFP, CRPC | January 25, 2018 | Comments Off on Tax Gain Harvesting

Minimizing your taxable liability on investments allows you save more towards your goals. Most people investment in retirement accounts. That means most don’t need to establish a tax harvesting strategy. For those investing in taxable accounts,  establishing a tax loss harvesting strategy is a prudent…

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Books for Investors

By J.K. Roberts, CFP, CRPC | December 7, 2017 | Comments Off on Books for Investors

Being a well read financial advisor is critical part of helping clients succeed in their goals. Most of the time, I find myself staring at IRS publications, legal briefs, investment prospectuses, and other densely written technical publications. Reading these tends to dry the eyes and…

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How Registered Investment Advisors Are Different

By J.K. Roberts, CFP, CRPC | October 21, 2017 | Comments Off on How Registered Investment Advisors Are Different

There are about 285,000 financial advisors nationwide. Quick question… how many of them do you think are legally required to put your interests ahead of their own? One would assume the number would be close to 100%. The reality is that only around 10% of…

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