The IRS tax treatment of ETFs and Mutual Funds are the same. Both are subject to capital gains tax and taxation of dividend income. But the way ETFs are structured means taxes are minimized for the investor and the ultimate tax bill – after the ETF is sold and capital gains tax is incurred –
roper Fourth Quarter Financial Planning Can Cut Taxes
If you plan properly, you have time between now and December 31st to do something about the taxes you will pay in April 2020. For example: • The fourth quarter is a perfect time to manage the tax impact of investment gains with tax loss harvesting to reduce your income tax liability and impact your
Do Not Mismanage Medicare
Optimizing Medicare, just like optimizing your Social Security benefits is part of a smart retirement strategy! Should you replace an employer-provided health insurance plan with Medicare? When planning for retirement you need to understand the Medicare basics and seek the right help to get the right coverage. The choice you make will impact the premiums
What Beneficiaries Should Know About Taxation of Inherited IRAs
Whether you are the lucky beneficiary or the owner of the original IRA, if you don’t understand the IRA inheritance rules you may be subjecting the account to higher taxes or lower growth, even penalties. It is imperative to pay attention to the tax-efficient aspects of IRA planning and get educated about the opportunities to preserve retirement savings post
What Type Of Investment Personality Are YOU
The psychology of investing is interesting indeed, but it can also be an invaluable lesson for investors who want to improve their returns. Realizing what type of investor personality you gravitate towards could help you to make better investment choices. Consider the following – it might help you learn when to cut your losses on
Meet TFGFA Resource Thomas S Quealy Jr CEO of Nottingham Advisors
When was the last time you met a financial advisor that actually did what they promised you they would do, or who actually invested your assets in a way that was predictable and repeatable? TFG Financial Advisors would like you to meet Tom Quealy of Nottingham Advisors, one of our “behind the scenes” resources. Tom
How To Keep Sailing In A Sea of Financial Volatility
Could your investment portfolio weather a financial storm? Every investment plan encounters market volatility from time to time, no matter how well diversified. Even the experts are put to the test in turbulent times like these: tariffs, trade wars, unexpected Federal Reserve moves, fluctuations in the Dow Jones or S&P 500, a slowing global economy,
Top Ten Ways To Make Retirement Planning Less Painful
Planning for retirement can be painful – so little time, so many questions, a lack of resources, whom do you trust, etc. We’ve prepared a strategic list of things to consider that will make the job of retirement planning a bit easier whether you are in your forties or fifties: 1. Define your cash flow: Develop
Can Thirty Somethings Count on Social Security
How close are the trusts that fund Social Security to running out of money? Worries began back in the 1980s, but over time the Social Security Administration adjusted the rules and retirement ages to ensure that retirees could continue to collect their checks. But if you are only in your thirties today – what will
Fees May Be Chipping Away at Your Retirement Savings
Everybody loves a bargain, but why is it that when it comes to retirement plans not many people shop around, or take the time to ask about what they will be paying in fees? A TD Ameritrade study showed that over a third of people enrolled in a 401(k) plan thought there were no fees
