401(k) Plans

The benefits of increasing your 401(k) contributions before the year runs out

With a handful of paychecks left in 2026, you may still have time to increase your 401(k) contributions and either cut your 2026 taxes or provide yourself with tax-free retirement income.
October 20, 2026
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As 2026 draws to a close, your employer’s 401(k) plan may offer an opportunity to reduce your current income taxes while building your retirement savings — or to boost your future tax-free retirement income. If you haven’t been contributing, it may not be too late to start. And if you’re already contributing, increasing the amount […]
#401kPlans, #FinancialPlanning, #RetirementPlanning
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Tax Planning

What higher 2026 AMT risk may mean for your year-end tax planning

Year-end tax planning strategies may warrant a review with the alternative minimum tax (AMT) in mind — even if you haven’t owed the AMT in recent years.
September 25, 2026
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Tax law changes taking effect this year will increase alternative minimum tax (AMT) risk for some higher-income taxpayers. If you may be affected, consider the AMT before implementing income or deduction timing strategies. A move that would reduce your 2026 regular tax might provide little or no benefit under the AMT — or could trigger […]
#AlternativeMinimumTax, #FinancialPlanning, #TaxPlanning
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Financial Planning

Restricted stock deserves attention before year end

Did you receive a restricted stock award in 2026? Or did your restricted stock shares vest? Or perhaps you sold vested shares? A “yes” answer to any of the questions requires careful tax planning, probably sooner rather than later.
September 16, 2026
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Executives and key employees often receive stock-based compensation in addition to salaries and bonuses. If restricted stock is part of your compensation, considering the potential tax consequences well before December 31 is a good idea. You may have decisions to make if: 1) you’ve recently received an award or are expecting one soon, 2) your […]
#FinancialPlanning, #RestrictedStock, #TaxPlanning
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Retirement Planning

Sometimes how much is in tax-deferred retirement accounts may be too much

Could your traditional 401(k) or IRA balance be too large? Maybe!
August 18, 2026
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Contributing as much as possible to tax-deferred retirement accounts such as traditional 401(k)s and IRAs is a common recommendation. Contributions generally are pretax or deductible, and the power of tax-deferred compounding can help turbocharge growth. But some taxpayers can reach a point where maximizing tax deferral may become counterproductive. Potential downsides of tax-deferred saving After […]
#FinancialPlanning, #RothIRA, #TaxPlanning
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Financial Planning

Tax mitigation strategies when rebalancing your investment portfolio

Rebalancing your investment portfolio periodically is necessary to maintain your desired asset allocation, which can help manage risk and achieve your goals. Here are some tips for tax-smart rebalancing.
April 29, 2026
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Large stock market gains in recent years, coupled with some significant volatility in 2026, have left many investors with portfolios that are out of balance with their desired asset allocation. If you haven’t rebalanced recently, it may be time to do so. But you also must consider the tax implications. Careful planning can minimize the […]
#FinancialPlanning, #InvestmentStrategy, #PortfolioManagement
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Tax Planning

More individuals with disabilities will be eligible for tax-advantaged ABLE accounts in 2026

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December 29, 2025
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Did you know there’s a tax-advantaged way to save for the expenses of a person with a disability that’s similar to saving for college expenses with a Section 529 plan? Achieving a Better Life Experience (ABLE) accounts can help fund qualified disability expenses for an eligible beneficiary. The SECURE 2.0 Act, signed into law in […]
#FinancialPlanning, #IndividualTaxPlanning, #TaxPlanning
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