Beyond Bulls & Bears

Tag: Roth IRA

Five estate planning ideas for 2025
Wealth Planning

Five estate planning ideas for 2025

Consider estate planning strategies to minimize the impact of taxes on your estate. Our Bill Cass highlights several key actions including document reviews, naming beneficiaries and the use of 529 college savings plans to enhance tax efficiency.

Bill Cass, CFP®, CPWA® |
Key planning ideas to maximize your 2025 tax savings
Wealth Planning

Key planning ideas to maximize your 2025 tax savings

For 2025 tax planning, our Bill Cass shares income tax planning strategies that can help manage current tax bills and prepare for future changes. Here are the highlights.

Bill Cass, CFP®, CPWA® |
Early planning can mean smooth sailing for tax season
Wealth Planning

Early planning can mean smooth sailing for tax season

Prepare for 2024 taxes by organizing forms, documenting charitable contributions, maximizing retirement savings and reporting rental income. Our Bill Cass explains how advance preparation can make the tax filing process smoother.

Bill Cass, CFP®, CPWA® |
Time is running out: Is a Roth IRA conversion right for you in 2024?
Wealth Planning

Time is running out: Is a Roth IRA conversion right for you in 2024?

Taxpayers may want to consider a Roth IRA conversion for 2024 but need to act before the end of the year to realize income this year. Our Bill Cass explains when a Roth conversion may make sense.

Bill Cass, CFP®, CPWA® |
Turning after-tax plan contributions into tax-free retirement income
Wealth Planning

Turning after-tax plan contributions into tax-free retirement income

Retirement plan savers looking to mitigate the risk of higher taxes in the future may benefit from making after-tax contributions to employer plans, which may be transferred to Roth accounts. Our Bill Cass details a “mega backdoor” Roth strategy.

Bill Cass, CFP®, CPWA® |
Surviving disaster: Key considerations for moving ahead
Wealth Planning

Surviving disaster: Key considerations for moving ahead

Surviving a disaster involves securing safety, accessing help from agencies, and documenting damages for insurance claims. Our Bill Cass highlights numerous resources for financial relief, including accessing emergency funds, insurance and tax considerations.

Bill Cass, CFP®, CPWA® |
How the expiring TCJA could impact your tax bill
Wealth Planning

How the expiring TCJA could impact your tax bill

The expiration of the Tax Cuts and Jobs Act (TCJA) in 2025 could mean a tax increase for many taxpayers. But the impact varies widely based on income, location, and personal circumstances. Our Bill Cass shares the details.

Bill Cass, CFP®, CPWA® |
College-bound high school juniors and seniors focus on a strong finish
Wealth Planning

College-bound high school juniors and seniors focus on a strong finish

The last two years of high school can be particularly important as students approach the final college decision. Our Bill Cass highlights some action items for students and parents.

Bill Cass, CFP®, CPWA® |
Kick off your college planning during the first two years of high school
Wealth Planning

Kick off your college planning during the first two years of high school

Families may want to consider a comprehensive plan for college, including actions to take during the high school years, and consider how a 529 plan can help guide savings. Our Bill Cass offers details on college planning.

Bill Cass, CFP®, CPWA® |
Planning moves to lessen the sting of the 3.8% surtax
Wealth Planning

Planning moves to lessen the sting of the 3.8% surtax

A rising number of US taxpayers are subject to an investment income surtax, introduced a decade ago in federal legislation. Here are some strategies that may help mitigate the impact of the tax.

Bill Cass, CFP®, CPWA® |
Advisors’ top 529 questions, answered
College Savings

Advisors’ top 529 questions, answered

Our recent 529 Month webinar focused on how 529 plans are used, the impact on federal financial aid, and expanded uses. Here are some of the leading topics discussed.

Bill Cass, CFP®, CPWA® |
Reasons why a grandparent-owned 529 may make sense
College Savings

Reasons why a grandparent-owned 529 may make sense

A grandparent may choose to fund a 529 plan for a grandchild’s education. Our Bill Cass discusses key tax and estate planning considerations as well as the impact on student financial aid.

Bill Cass, CFP®, CPWA® |