When you’re building portfolios and evaluating performance, it’s easy to think in terms of pre-tax returns. But it’s the after-tax returns that matter for taxable investors – maximizing your bottom line. We work to limit taxes in all portfolio decisions by actively pursuing tax efficient investment vehicles, while implementing ongoing and active tax loss harvesting strategies.
While you might already be invested in an employer-sponsored plan, an Individual Retirement Account (IRA) allows you to save for your retirement on the side, and also potentially save on taxes. With a Roth IRA, you contribute after-tax dollars, your money grows tax-free, and you can generally make tax- and penalty-free withdrawals after age 59½. With a Traditional IRA, you contribute pre- or after-tax dollars, your money grows tax-deferred, and withdrawals are taxed as current income after age 59½.
Both accounts are retirement savings vehicles you can use if you’re self-employed – allowing for immediate tax deductions and tax deferred growth. The SEP IRA is generally simpler to establish, but the solo 401(k) may offer more flexibility and much larger contributions. Donor-Advised Funds for Appreciated Securities. A tax-smart approach to maximize your philanthropic impact. Donor-advised funds provide a simple way for investors to get immediate tax deductions and avoid capital gains tax liability on appreciated assets. We’ll work with you to help set up donor-advised fund in your family name and then you decide when to make gifts to your charities.
Family gifting strategies to remove assets from taxable estates. These strategies help reduce future estate taxes and benefit your family members immediately. Estate tax liabilities vary depending on where the estate is located. The federal IRS threshold for estate values is $12.92 million for individuals and 25.84m for certain family trusts.
With tuition inflation averaging >5% a year, you cannot afford to subject your education savings to unnecessary taxes. The right college savings plan can help ensure that you save effectively and efficiently, and potentially gives you a state tax deduction.