17 Oct
October 17, 2017

Retirement plan trigger events (death, disability, separation from service, or reaching age 59 ½) come with an opportunity. If you have company stock in an employer-qualified retirement plan, you may have an opportunity to elect net unrealized appreciation (NUA), allowing you to roll your company stock into a taxable account for potential tax savings.

Potential Tax Savings with NUA

Electing NUA is trading ordinary income tax rates for capital gain tax rates.

When an NUA election is made, only your cost basis (the

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03 Nov
November 03, 2016

Six out of ten self-employed individuals are not making regular contributions to their retirement savings, according to a 2015 survey conducted by TD Ameritrade. What is interesting is that self-employed individuals have perhaps more retirement options than any other type of worker.

If you are self-employed, there are many options that may allow a tax savings opportunity, as well as a vehicle to reach your retirement savings goal. In many cases, you are allowed to make contributions to your plan under

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07 Jul
July 07, 2016

For charitably inclined individuals, many strategies exist that allow you to meet your philanthropic goals while creating tax savings. One strategy to consider is a Qualified Charitable Distribution, or QCD. QCDs are distributions that come directly from your IRA to a qualified charity of your choice. This type of IRA distribution is not included in the taxpayer’s AGI. QCDs became permanent with the Protecting Americans from Tax Hikes (PATH) Act of 2015, and this strategy allows individuals to

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03 Feb
February 03, 2016

Often the phrase “retirement account” is automatically associated with 401(k) accounts, independent retirement accounts (IRA), and Roth IRAs. However, it may be important to add a health savings account (HSA) into your retirement portfolio. HSAs are offered in conjunction with a high deductible healthcare plan (HDHP). Similar to traditional retirement accounts, funds contributed to HSAs are pre-tax dollars. However, when used for qualified medical expenses (QMEs), the account becomes entirely tax-free. So, what are the benefits

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