We are always looking for planning opportunities, even in years where the stock market is down. Did you know that you can harvest losses to receive tax benefits in the current year, and also potentially future years? Listen to learn more, and also to understand the rules to do so properly.

In some situations, an employee can make after-tax (but not Roth) contributions to a 401(k) plan. The important piece of the puzzle to know is how to properly handle transfers to IRA accounts once you leave that company. This episode addresses that to make sure you get the maximum tax benefit out of these transactions.

In this episode, we are joined by Cindy Blake, Business Development Officer with YouthBridge Community Foundation. She discusses her own background that led her to helping donors plan their charitable giving, some of her favorite stories from working with donors, how donors can utilize vehicles such as Donor Advised Funds for the charitable giving and tax planning, and how YouthBridge can help in those charitable giving efforts.

Cindy Blake - LindedIn Profile:

https://www.linkedin.com/in/cindyblake/

In our previous episodes, we discussed buffer ETFs and structured investments, and why we like to use them for a portion of retirement investments. We received some questions on the tax impacts of these investments, and are addressing those questions in this episode.

In episode 16, we explained how we break retirement money into three buckets. The third bucket was meant for investment growth over the long-term. Using structured investments for a portion of this allows us to keep the investment accounts steadier for clients, thereby making it easier for them to stay invested for that longer-term growth, even during periods of stock market declines.

This episode discusses what those structured investments are and why we like to use them for a portion of the retirement investments.

In episode 16, we explained how we break retirement money into three buckets. The third bucket was meant for investment growth over the long-term. Using Buffer ETFs for a portion of this allows us to keep the investment accounts steadier for clients, thereby making it easier for them to stay invested for that longer-term growth, even during periods of stock market declines.

This episode discusses what those buffer ETFs are and why we like to use them for a portion of the retirement investments.

This episode discusses how we put the investment tools together into different retirement buckets provide a successful retirement. It is critical to have these buckets to make sure that you have both a steady income and long-term growth.

Setting this up properly will allow you to retire with confidence.

In Episode 3, we discussed back-door Roth IRA contributions. Please be sure to listen to that episode first for details on what a back-door Roth IRA contribution is.

In this episode, we discuss some follow-up questions on how to make sure it is recorded properly on the tax return via Form 8606. The Form 1099-R that you receive from the custodian does not provide all the information you need, and it is critical to report this transaction properly on the tax return.

In episodes 12 & 13, we discussed Required Minimum Distributions (RMDs) and Back-door Roth IRA contributions, respectively. If you haven't listened to those, we recommend you listen to those episodes first, since this episode combines pieces of episodes 12 & 13.

Qualified Charitable Distributions allow you to take up to $100,000 of your RMD and send the money directly to charity. In doing so, the RMD does not show-up as income on your tax return, potentially saving you money in other ways because many tax calculations are based on your Adjusted Gross Income (AGI.

Please give to those who are less fortunate. Here we will discuss ways to do that while also receiving tax benefits for giving assets that have appreaciated in value over time.