Q & A

The given numbers on a 1099-R are insufficient to be able to fill out your tax return correctly. Knowledge of what was actually done is required in order to file your taxes accurately.

The fact that you are worried enough to ask might mean that now is a good chance to take stock in your investment strategy.

Who will be responsible to pay for the taxes related to the distribution? Where do you report the taxable portion on your tax return?

A stability allocation has two purposes: to meet withdrawal needs and to move the portfolio more conservative (less risky) by dampening the volatility of stock returns.

For domestic tasks like babysitting there are often two options: independent contractor or household employee. Taking the time to educate yourself on the difference may be worth your while.

We adapt to the needs of our clients. However, absent other instruction, we do have a few intentions.

This person has an IRA balance, but is about to empty it with a reverse Rollover. So the question is one of timing: can they do the IRA Rollover before the nondeductible contribution so that their cream and coffee never mix?

We see ourselves as your primary care provider for finances and strive to become experts in every specialty that you need while accompanying you on any referral to another firm we need to make.

If you inherit a traditional IRA from a person who had a basis in the IRA because of nondeductible contributions, that basis remains with the IRA assets as they come into your ownership.

We have a large distribution of clients at all portfolio sizes and, surprisingly, have all life stages near equally represented.

The selection of what products we purchase or avoid for clients is based solely on what we believe gives our clients the best chance to meet their goals.

Luckily for the charitably-inclined individuals with nondeductible balances, QCDs are excluded from your Form 8606 taxable and nontaxable calculations.

There are several ways that I see my faith influence my work.

There are several ways that a Roth conversion benefits people regardless of their filing or marriage status.

Diversification among many different countries provides a more consistent return than investing entirely in the United States.

Every school sets a budget or allowance for room and board, referred to as the cost of attendance. Are you allowed to reimburse yourself for the entire amount of Room and Board even if you did not spend that much?

With these moderate interest rates, the only clearly wrong decision in my view is buying a car on loan because you cannot afford it outright.

Anything which is not contributing toward your financial independence should be considered part of your lifestyle spending.

If a portion of your charitable gift is nondeductible, then no portion of the gift can be counted as a Qualified Charitable Distribution. But there is one accepted loophole for QCDs.

It is easy for an inverted yield curve to spook investors.

Kudos to you for noticing the value of Roth conversions! We have three ways we can help.

We often get the question from plan participants, “What should I invest in?” Here are our recommendations in order.

Dimensional’s analysis found that top funds do not repeat.

Asset classes are best defined by looking at the correlation of their returns. These four 2015 articles take a close examination at the three appreciation asset classes.

“I will be turning 70 1/2 and wanted to start making contributions to charity from an IRA and taking the QCD at that time. Would this bill require me to wait two more tax years, until I am 72, to do this?”

Some performance is cause for concern. Other times, you need not worry. Here are 5 times you should not worry and 4 cases when you should.

“Has the focus on expense ratios caused the public to lose focus of more critical financial measures, such as performance?” Actually, expense ratios and 12b-1 fees should get even more attention than they are getting. Here’s why.

Among the most complicated and frustrating IRA rules are required minimum distributions (RMDs). This case is a classic example.

“I’m moving to a state which does not recognize Tenants by the Entirety. What do I need to do?”

When it comes to legal, if your attorney is allowed to make the edit, you are allowed to make the edit.

This person has no IRA balance, but is about to get one with an IRA Rollover. So the question is one of timing: can they do the IRA Rollover after the nondeductible contribution has already been converted so that their cream and coffee never mix?

The real return of the stock market going forward is often debated.

You are allowed to deduct “up to 20 percent of their combined qualified real estate investment trust (REIT) dividends,” and this deduction is unlimited. So it begs the question: Is there a way I can deduct my normal real estate income?

“Buy on the dips” is a good strategy only because of the first word.

For all of these reasons, our recommended investment strategy does not focus on dividend-paying stocks.

There is a tangled web of rules and options. For any given family situation and set of desires, there is a best answer when it comes to meeting your wishes, minimizing the tax owed, and optimizing your estate plan.

Student loan forgiveness is normally taxable and reported to the IRS on a 1099-C, but there are big exceptions.

People think about marriage differently. These views and more shape the way that people want per stirpes and per capita to work.

The short answer is absolutely yes you do. Here’s why.

Stock buyback programs are a method of returning profits to shareholders without causing a taxable event.

The average holding period for a stock is not simply the inverse of liquidity.

Since only a small portion of stock is traded each day, a large majority of shareholders prioritize the long term appreciation of the value of the company.

Excellence and low cost can go together.

The regulation is an attempt to protect participants who don’t understand the rules set up by the government.

In general, you can use 529 funds to pay for your student’s off-campus housing costs.

Although these questions may help some people discern which professional to sign up with, I like our ten questions better as they cut to the heart of the matter. That being said, the more you know about an advisor the better.

We are a statistical outlier: We are young; we are female.

A blended portfolio can perform better even as some of its components under perform due to the rebalancing bonus.

We believe following our eight principles to safeguard your money provides a better safeguard than checking for past violations.

You deserve advice from a firm where you don’t have to second guess where their loyalties lie.