The rules to establish residency for state income tax purposes vary by state.

Establishing residency for income tax purposes

A reader writes in: "I'm a Nevada resident, but I love California, and most of my family is there as well. I'll be retiring soon...
Retirement income tax smoothing

Retirement income tax smoothing

You’ve worked hard your whole life. You saved as much money as you could afford, when you could afford it. You funded your 401k’s...
ETF and ETN differences are substantial

The difference between ETF’s and ETN’s

Many investors have jumped with both feet into the ETF market. Their fees are generally lower than many mutual funds, and most of them...
Follow the Roth recharacterization rules so your reconversion isn't disallowed

3 things you need to know about Roth recharacterization rules

No doubt by now you’ve heard of the Roth IRA and it’s amazing tax-free benefits. Roth IRA’s truly are one of the best retirement...
Strategic multi-bucket Roth conversions dominate normal Roth conversions

How multi-bucket Roth conversions save thousands in taxes

You’re probably well aware of what a Roth IRA is. You may even be aware that you can convert your regular IRA’s into a...
Tax efficient asset location between an IRA and a Roth IRA

How tax efficient asset location between IRA and Roth saved $45,236

Investing in the stock market isn't easy. In fact it's downright hard! The fact is 99% of investors focus on their investment portfolio for...
Be careful, you've got to follow the rules to do a backdoor Roth IRA the right way.

How to do a backdoor Roth IRA – Whiteboard Wealth #14

How to do a backdoor Roth IRA - Whiteboard Wealth #14 I get asked once in a while "what can I do to invest when...
Make sure you know about the 401k hardship withdrawal rules!

401k Hardship Withdrawal Rules & Distribution Facts

401k Hardship Withdrawal Rules & Distribution Facts Have you found yourself in a pinch financially and need access to cash? A 401k hardship withdrawal may...
The gift tax rules are fairly easy to follow.

What is the gift tax and how does the gift tax work?

What is the gift tax and how does the gift tax work? In the course of financial planning for clients we often get asked about...
What's better to invest in? An IRA or a Roth IRA?

Should I invest in a Roth IRA or regular IRA? Whiteboard Wealth #12

Should I invest in a Roth IRA or regular IRA? Whiteboard Wealth #12 Both the Roth IRA and the regular IRA are great retirement savings...

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