Tax Planning Opportunities From the SECURE Act 2.0

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КОМЕНТАРІ • 13

  • @HenryLucask5l
    @HenryLucask5l 19 днів тому +122

    Tax laws can be so complex, and it’s super helpful to break them down like this. Understanding how different policies can impact our finances is crucial for making informed decisions.

    • @CharlesLiamh1p
      @CharlesLiamh1p 19 днів тому

      Making profitable investments during this time of political change can be risky without that insight. For me, working with an adviser is the best first step to navigate these complexities and make informed choices.

    • @TheodoreMateo3h
      @TheodoreMateo3h 19 днів тому

      I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

    • @GraziaMacahilas
      @GraziaMacahilas 19 днів тому

      Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @TheodoreMateo3h
      @TheodoreMateo3h 19 днів тому

      Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.

    • @GraziaMacahilas
      @GraziaMacahilas 19 днів тому

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

  • @Jennapeters144
    @Jennapeters144 Місяць тому +29

    The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 120k I have saved so far for retirement which has depleted over the years?

    • @Muller_Andr
      @Muller_Andr Місяць тому +4

      Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.

    • @AnkurYo
      @AnkurYo Місяць тому +2

      I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.

    • @AanyaDarika_
      @AanyaDarika_ Місяць тому +2

      In my opinion, create a budget including income and expenses, do this with a financial advisor.

    • @AanyaDarika_
      @AanyaDarika_ Місяць тому +5

      I'm thrilled with the exceptional guidance from licensed advisor Monica Mary Strigle. Over 38 months, my spouse and I have achieved an impressive return on our investments. I highly recommend Jennifer for expert portfolio management

    • @AadhilaEesha
      @AadhilaEesha Місяць тому +2

      In retirement red zone, if you haven’t saved enough, cut expense. Don’t celebrate and buy a car when you get a promotion. Use science and math when it comes to money, sock away more money.

  • @junulee
    @junulee Місяць тому +1

    The reason Congress forced catch-up contributions to be Roth is to accelerate government revenue. The government scores revenue on a 10-year cash basis and disregards timing items, so Roth is a revenue generator-this is especially true for catch-up contributions because taxpayers that can afford to max out their regular contributions and then make catch-up contributions are likely in higher tax brackets.