Tax Planning (Part 2)
What Are the Tax Benefits of Charitable Trusts?
For the grantor, there are a few potential tax benefits that can come with setting up a charitable trust.
When Must Taxes Be Paid on IRA and Employer-Sponsored Retirement Funds?
With traditional IRAs and most employer-sponsored retirement plans, taxes are not payable until funds are withdrawn.
What Happens If I Withdraw Money from My Tax-Deferred Investments Before Age 59½
Tax-deferred retirement account withdrawals before age 59½ generally trigger a 10% federal income tax penalty.
What Is Tax Deferral?
There can be a substantial benefit to deferring taxes as long as possible.
How Can I Benefit from Tax-Advantaged Investments?
Many traditional tax-advantaged investment strategies have gone away, but there are still some alternatives.