By John Davis : May 18, 2025
What Should You Know About Roth IRAs?
A Roth IRA is an individual retirement account that accepts contributions made with after-tax income. For those who anticipate being in a higher tax band in retirement, the special tax advantages a Roth IRA offers may make this investment vehicle a good choice. A Roth IRA is an individual retirement account to which nondeductible contributions may be made but from which tax-free distributions may be made under certain circumstances.
Read More
14072
By John Davis : Oct 25, 2024
Why You May Profit From Tax-Loss Harvesting
When an investor realizes a loss on an investment, the loss can be used to offset the capital gains tax that was previously paid on a profitable investment. Incorporating this strategy into your investment approach could help you increase your portfolio's returns while decreasing your tax bill. Gaining the most from tax-loss harvesting requires investors to plan ahead regarding the timing and form of their sales, take into account the wash sales restrictions, as well as make use of tax-loss harvesting methods.
Read More
3829