Health Savings Accounts (HSAs)
With costs skyrocketing and employees paying more and more, the advent of high-deductible health care (HDHC) plans and health savings accounts (HSAs) has become a story worth blogging about.
The Wall Street Journal: Roth IRA Conversions: What You Need to Know
Modera’s Michael Gibney shares perspectives in this article about Roth IRA conversions. Many investors took advantage of the pandemic-induced market decline early this year to do big Roth IRA conversions. Learn how Roth IRA conversions work and who can benefit from them.
Donor Advised Funds
I have been reviewing the benefits of Donor Advised Funds (DAFs) with clients as a way to get the most out of their charitable giving considering many are now seeing the impact the recent tax law change has had on the deductibility of donations.
The Tax Benefits of NUA Rules
If company stock is offered to you through a 401(k) or other workplace retirement plan, it can be a great opportunity for you to have a stake in the business. Plus, if you accumulate employer stock within a qualified employer retirement plan over many years, that stock may appreciate considerably. However, when the time comes to take distributions out of the account, perhaps because you’re retiring or switching jobs, there are important tax implications to consider.
CNBC: 401(k) balances skyrocket in the decade since the market bottom
Modera’s Michael Gibney shares his thoughts on how to make the most of a 401(k).