Category: Taxes

Does SECURE Act 2.0 Create a Stealth Tax?

The SECURE Act 2.0 may do a lot to help secure Uncle Sam, but I’m not so sure about the rest of us.

January 23, 2023

Looking for a Riskless Alternative to Risky Investments?

How about an asset class that doesn’t have the risks of stocks or bonds? One that can provide stability and peace of mind.

November 14, 2022

Did You Know the Government Subsidizes Market Losses in Traditional IRA and 401K accounts?

True! Market losses aren’t all yours. The IRS subsidizes part of them.

October 28, 2022

SECURE Act 2.0: RMD Age Hikes Coming?

RMD age hikes may not be the blessing you think. The question just might be who is more secure? Retirees or future government spending?

August 8, 2022

Annual Social Security Trustee Report Urges Reform

The annual Social Security trustees’ report is to advise Congress on the financial condition of the Social Security system over the next 75 years. If they project that 100% of benefits will be paid, it’s said to be in balance and no action will be needed. If they project a shortfall, they call on Congress to fix the problem by either raising taxes, cutting benefits, or some combination of the two.

June 14, 2022

Tax Planning for Retirement Income

Tax Planning doesn’t stop at retirement. In fact, tax planning is important for optimizing retirement income – and it changes during all four stages of retirement.

May 23, 2022

Does The SECURE Act Make You More Secure?

Looking for retirement security?
Government spending has been out of control for decades and Congress needs to raise revenue. So, they passed The SECURE (Setting Every Community Up for Retirement Enhancement) Act in December 2019. It may secure the government’s future; but, one provision may make your heir’s retirement a little less secure.

April 29, 2022

Beware of Tax Torpedoes and the IRMAA Cliff

Tax traps are waiting. Did you it’s possible to be smack in the middle of the 22% tax bracket, yet taking an additional $1,000 in income could make that additional money taxable at 40%? It can happen to some taxpayers. In fact, there are other pitfalls many aren’t aware of, as well.

April 11, 2022

Roth Conversions Can Be Advantageous, but Not for Everyone.

There may be times when a Roth conversion may be advantageous; but there are others when it may not be your best move.

January 4, 2022

Category: Taxes

Does SECURE Act 2.0 Create a Stealth Tax?

Looking for a Riskless Alternative to Risky Investments?

Did You Know the Government Subsidizes Market Losses in Traditional IRA and 401K accounts?

SECURE Act 2.0: RMD Age Hikes Coming?

Tax Planning for Retirement Income

Does The SECURE Act Make You More Secure?

Roth Conversions Can Be Advantageous, but Not for Everyone.

Most Popular:

Does SECURE Act 2.0 Create a Stealth Tax?

Thinking About a Rollover?

IRAs With Excess Assets Impact Family Members Too!

ESG Investing: Really Worthwhile or Just Another Wall Street Gimmick?

© James Lorenzen. All rights reserved

Jim's Money Blog

Does SECURE Act 2.0 Create a Stealth Tax?

Thinking About a Rollover?