Tax Gain Harvesting
Tax Gain Harvesting Should you Tax Gain Harvest? Maybe! Let’s explore if you can and how to harvest capital gains and determine if it is worth the hassle. When is Tax Gain harvesting right for you? Can You Harvest Gains? […]
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Upstream Gifting
Upstream Gifting and Gifting Gains What is upstream gifting? What if you gift your elderly parent an asset with massive capital gains? What if they hold it until they get the step-up in basis at death, and then you inherit […]
SEPP 72(t) in Early Retirement
Planning for a SEPP 72(t) and FIRE Learning about a SEPP 72(t) is a rite of passage on the journey to FIRE. Do you need a SEPP 72(t)? How can you model one? Or, wait, should I build a 5-year […]
401a? 403b? 457b? Physician Retirement Plans
401a, 403b, and 457b Plans Physicians are high-income professionals who optimally defer income into retirement plans during peak earning years. If you have access to a 401a vs 403b vs 457b then you either work for the government or a […]
Cashing Out a 401k to Invest in Real Estate
Cash-out a 401k for real estate investors Have you thought about cashing out a 401k to invest in real estate? Real Estate Investors invest in real assets rather than retirement accounts. Investors with significant qualified retirement accounts discuss cashing out […]
Optimized Estate Plan for Doctors
Estate Planning for Doctors While often neglected, an optimized estate plan is vital to your legacy. The need to protect your assets never goes away, though you often don’t have much initially. As you age, assets increase; legacy and the […]
IRMAA 2024
IRMAA 2024 and Roth Conversions IRMAA stands for Income-Related Monthly Adjustment Amount. What a mouthful-She is a modest penalty for a high-income retiree to swallow. What you do now affects your IRMAA Brackets two years from now! Two aspects make […]
Farming and Ranching Tax Deductions with W-2 Income
W-2 Income Tax Deductions from Farming and Ranching If you have W-2 income, what tax deductions are fair game to shelter some of it? Of course, we are well beyond talking about the hobby rules here; you have legitimate […]