Most people wouldn't consider contributing to their employer sponsored retirement accounts as a gamble, but when you consider the tax attributes, a different story unfolds. As with most things in life, there are trade-offs to investing in retirement vehicles such as a 401k, 403b, TSP, or an IRA. The IRS allows a retirement plan participant to claim a deduction on their tax return today, in exchange for full taxation in the future.
This article, published by MarketWatch.com featuring Dave Alison, CFP will talk about the new tax law changes, specifically how the higher standard deduction will impact your tax write-offs for charitable giving?
Check out The Alison Wealth Tax Management Roadmap to learn how we help our clients maximize income and minimize taxes.
While taxes & investments can be complex enough for individuals who hold 100% of their money within the U.S., that complexity exponentially grows if you hold assets overseas. Alison Wealth Management has a diverse group of clients throughout the United States, and we know firsthand how difficult it can be to obtain competent advice if you hold assets in the United Kingdom.
Not all money and investments are taxed the same, but is your savings and investment strategy engineered to not only reduce your taxation today, but into the future? Check out this 6 minute video on The Alison Wealth Management Order of Money to learn more!
Today the top five S&P 500 companies — Apple, Amazon.com, Google, Microsoft and Facebook — combined are worth $4.095 trillion versus $4.092 trillion for the bottom 282 companies. While this might seem mind-boggling, this sort of concentration is normal. In 1965, AT&T Inc. and General Motors Co. alone represented 14.5% of the S&P 500. What is different today, however, is that all the big players are tech names. For many of our clients that have been granted Restricted Stock Units in these companies, which have now settled into shares, a new financial planning challenge has been created, managing concentrated stock risk.
