Wealth Management

A photo of historic stock certificates

Capital Gains Tax Rates On 401(k) Employer Stock With NUA

Typically, funds in your 401k from salary deferrals and company match are contributed on a pre-tax basis, grow tax-deferred, and are taxed at ordinary income tax rates when you eventually withdrawal the funds in retirement.  It is possible however, to pay tax at the lower capital gains rate on employer stock in your 401(k) with […]

Capital Gains Tax Rates On 401(k) Employer Stock With NUA Read More »

1099 tax form on a desk

Reviewing Your 1099 Tax Forms From Your Brokerage Firm

Your 1099 tax forms from your brokerage firm contain a wealth of information to help you plan for 2025.  Reviewing your 1099 tax forms can help you not only accurately report your taxes, but may also uncover tax planning opportunities. These forms should be available from most brokerage firms by late February.  Typically these 1099s

Reviewing Your 1099 Tax Forms From Your Brokerage Firm Read More »

Donations

Maximize Tax Benefits By Gifting Appreciated Stock

Gifting highly appreciated stock is arguably the most effective way to give to charity while maximizing the tax benefits. By gifting appreciated stock you can maximize your tax benefits which may help you build more wealth in the long term and therefore more ability to give. This is especially valuable when used in conjunction with

Maximize Tax Benefits By Gifting Appreciated Stock Read More »