Resources

Using shares of appreciated stock, instead of cash, when making a donation to charity or a gift to friends or family can help reduce taxes paid. (Please see important disclosures at the end of this post) First let us look at donating appreciated shares of stock to a...

The Mega Backdoor Roth IRA Strategy is a way for an individual to contribute large amounts of money into a Roth IRA by utilizing the “After Tax Contribution” bucket in their employer 401(k) plan. For most people, the maximum annual amount they can contribute to a Roth...

Backdoor Roth IRA Strategy:  High income earners are generally ineligible to contribute directly to Roth IRAs, but this IRS-approved strategy allows even those who have income above the limits to fund Roth accounts annually.  Basic steps include: Open a Traditional...