Impact on Social Security, Medicare, and Disability Insurance By Norm Miller, Senior Wealth Counselor at Versant Capital Management, Inc. On Monday, November 2nd President Obama signed the Bipartisan Budget Act of 2015 into law, which suspends the debt limit until...
By Thomas J. Connelly, CFA, CFP Two new laws were enacted in March of this year. On March 23rd, President Obama signed the Patient Protection and Affordable Care Act that was passed by the Senate on December 24, 2009 and by the House of Representatives on March 21,...
By Thomas J. Connelly, CFA, CFP The 3.8% Medicare surtax on investment income that starts in 2013 is the primary issue here. The mitigation or avoidance of this surtax is achieved by the employment of two tactics; reducing investment income and/or reducing MAGI...
What Should I know about Year End Tax Planning? By Erin Itkoe, Senior Investment Counselor Year-end is time for celebrating the holidays with family and friends. Taxes are not generally the topic du jour at holiday parties, so it’s no wonder that this is usually...
From a tax perspective, a dream retirement account probably would encompass three elements Contributions to the account would be tax-deductible. Accumulation of earnings within the account would be tax-deferred. Distributions from the account would be tax-free. ...
