With tax loss harvesting, which is also called tax loss selling, we sell some of our clients’ securities from their taxable accounts at the end of the calendar year to realize losses and gains that are equal.
In this article we are going to look at 4 of 13 ways I am going to write about in order to pay less taxes in retirement. Those 4 are HSA plans, keep income as low as you reasonably can, roth conversions, and bunching charitable deductions in alternating years.
The only way that a fee-only financial advisor gets paid is directly by their clients, much like an attorney or a CPA.
Back in the '80s and '90s, we had what we called stock brokers at places like Merrill Lynch or Smith Barney. These brokers would call up their clients and recommended individual stocks.
It's often difficult to judge someone's heart and their motives in helping someone, so it's useful to understand how to choose someone who will be the best for providing the services you need.
If you're getting closer to retirement age, you may be wondering how to retire within the next 5 years.