Latest articles by Brian Vnak, CFP, CPA
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3 Retirement Tax Mistakes You Can't Afford to Make
retirement The way you get your income changes once you retire. Make sure your tax strategies change as well, or you could be paying Uncle Sam a lot more than you bargained for.
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Are You Forcing Unintended Consequences on Your Heirs?
retirement Unless you take your heirs' wishes, taxes and interests into consideration in your plans, you could be committing some serious unforced errors with your estate.
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Equal Shares for Heirs? Not Unless You Take Taxes into Account
retirement Unless your estate plan takes your beneficiaries' own finances into account, you could be shortchanging some thousands of dollars ... and throwing money away unnecessarily on taxes.
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9 Things Your Tax Preparer May Not Want You To Know
taxes Before you hand your tax documents off to an 'expert' for help, here are some important points to consider.
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Is the $1.5 Billion Lottery Winner Better Off Under New Tax Law?
Tax Breaks Comparing the payouts under old tax laws and the Tax Cut and Jobs Act could be an eye-opening exercise for the rest of us.
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Rest In Pieces, AMT
taxes Taxpayers are getting an eight-year break for the dreaded Alternative Minimum Tax. Here's how to make the most of that time.
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Be Roth Smart: An Investment Guide to Roth IRAs
retirement Roth IRAs are the closest thing we have to tax-free retirement savings out there, so make sure you take full advantage. Here is how Roths work and three ways to get money into them.
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All Aboard the Tax Volatility Train
taxes The passage of the 2017 Tax Cuts and Jobs Act was the beginning of tax change, not the end. It's likely to touch off plenty more changes ahead ... so be prepared to take advantage of them if you can.
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How to Take Advantage of the New Tax Bracket Sweet Spots
tax brackets While most everyone is getting a tax break starting in 2018, some taxpayers have bigger opportunities than others to make the most of it. Particularly those in the 25% tax bracket. How? Roth IRA conversions.
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You Can Pay $0 in Taxes on Your Retirement Income
Tax Breaks When retirees add up all their deductions and personal exemptions, they may find opportunities to generate the income they need from their portfolios without triggering any federal taxes. Here's how.
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QCDs: Use This Tax Strategy to Get More From 2018 RMDs
Tax Breaks Under the new tax law, those taking RMDs can get a tax break even without itemizing by giving to charity. Here's how qualified charitable distributions can pay off beyond good deeds.
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4 Ways Retirement Savers Can Help Reduce Their RMDs
taxes You're proud of the nest egg you've built in your IRA and 401(k), but are you prepared for the tax bill that will come with it when the time for required minimum distributions arrives? Here are four ways to ease that pain.
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Working Part-Time in Retirement Can Be Tricky
retirement Keeping a hand in the workforce after retirement can be richly rewarding (in a couple of key ways). However, it can also complicate your finances.
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How Saving Too Much Money Could Actually Backfire
retirement If you’re blindly pumping so much into savings for the future that you aren’t enjoying today, then maybe you’re going too far. Stop and do the math to see what you actually need. You might be surprised.
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4 Actions to Take If You’re Retiring in 2017
Financial Planning Months before you walk away, gold watch in hand, there are some steps to take to maximize your benefits, take care of taxes and pave the way for a happy and harmonious retirement.
Financial Planning
