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e-Newsletter


Our monthly e-newsletter, Retirement Planning Insights, provides informative tips and info about tax-efficient retirement planning

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Podcast

Our podcast, Retirement Planning Education, has weekly episodes that give deep-dive education into topics such as IRAs & Roth IRAs, employer retirement plans, taxes, Social Security, Medicare, annuities, portfolio withdrawal strategies, estate planning and much more!


Facebook Group

Our Facebook group, Taxes in Retirement, is an interactive community dedicated to education in tax-efficient retirement planning. In addition to members having the ability to post questions and comment on others' questions, we occasionally do a Facebook live streaming session where we discuss in-depth a particular retirement or tax planning topic AND do live Q&A!


YouTube Channel

Our YouTube channel, Retirement Planning Demystified, has dozens of plain-English educational videos on various aspects of tax-efficient retirement planning. The channel also has the replays of the live videos from the Taxes in Retirement Facebook group


Roth IRA Withdrawal Rule Summary

Our clear and concise summary explains when withdrawals from your Roth IRA may be subject to tax and/or 10% early-withdrawal penalty


Adjusted Gross Income ("AGI") & Modified Adjusted Gross Income ("MAGI") Calculation Summary

Our reference summarizes the most common items of income and adjustments that go into calculating your Adjusted Gross Income ("AGI") and five of the different Modified Adjusted Gross Income ("MAGI") figures you're most likely to come across in planning for retirement


Important Tax and Retirement

Planning Numbers (2022)

This extraordinarily helpful reference created by The College for Financial Planning contains summaries of various tax and financial planning information such as federal tax brackets and rates, retirement account income and contribution limits, Medicare premium income limits and surcharge amounts, Social Security contribution and earning limits, long-term care information and much more!


Tax Return Preparation Checklist (2021 tax year)

Whether you do your tax returns yourself or hire a paid preparer to do them for you, this checklist will help you gather and organize all of the relevant materials needed for your 2021 returns


Uniform Lifetime Table

The "Uniform Lifetime" table contains the factors needed to calculate Required Minimum Distributions ("RMDs") from your own retirement accounts (not accounts you inherited; see the "Single Life Expectancy" table below for those factors)


Single Life Expectancy Table

The "Single Life Expectancy" table contains the factors needed to calculate Required Minimum Distributions ("RMDs") from certain inherited retirement accounts. This table mainly applies to non-spouse beneficiaries who inherited accounts from original owners who died prior to 2020. However, it also applies to "Eligible Designated Beneficiaries" (as defined in the SECURE Act of 2019) who inherited accounts from original owners who died after 2019


Flowcharts & Checklists

We subscribe to a service provided by fpPATHFINDER, a company that develops flowcharts and checklists for use in the financial planning community. While we do not have any involvement in the creation or content of the below materials, we're nonetheless happy to make these valuable resources available to you for FREE!


General Financial & Tax Planning:

Important numbers (2022)

Important dates

Important milestones

Master list of goals

Pay stub review

Do I need to start making estimated federal income tax payments?

Am I at risk of having my identity stolen or being a victim of fraud?

What accounts should I consider if I want to save more?

What documents do I need to keep on file?

What issues should I consider at the start of the year?

What issues should I consider during a recession or market correction?

What issues should I consider when moving out of state?


Life Events & Aging:

What issues should I consider before I retire?

What issues should I consider if I experience a sudden wealth event?

What issues should I consider when getting married?

What issues should I consider during my divorce?

What issues should I consider for my aging parents?

What issues should I consider if my parent passed away?

What issues should I consider if my spouse has been diagnosed with a terminal illness?

What issues should I consider if my spouse passed away?

What issues should I consider if I get a promotion or a raise at work?

What issues should I consider if I lose my job?

What issues should I consider when having or adopting a child?


IRAs & Roth IRAs:

Can I make a deductible IRA contribution?

Will a distribution from my traditional IRA be penalty-free?

Can I avoid taking my RMD after reaching my required beginning date?

Can I contribute to my Roth IRA?

Should I contribute to my Roth IRA vs my traditional IRA?

Can I make a backdoor Roth IRA contribution?

Should I consider doing a Roth conversion?

Will my Roth IRA conversion be penalty-free?

What will have the least tax impact; capital gain harvesting or Roth conversions?

Will a distribution from my Roth IRA be tax and penalty-free?

Should I inherit my deceased spouse's traditional IRA?

Can I delay distribution from the traditional IRA I inherited?


Employer Retirement Plans and Pensions:

Should I take my pension as a lump sum?

Should I contribute to my Roth 401(k)?

Can I make a mega backdoor Roth contribution?

Should I rollover my dormant 401(k)?

Can I do a Net Unrealized Appreciation ("NUA") distribution?

Will I have to pay tax on my qualified Employee Stock Purchase Plan ("ESPP")?


Social Security:

Am I eligible for Social Security benefits as a spouse?

Am I eligible for Social Security benefits as a surviving spouse?

Am I eligible for Social Security benefits if I'm divorced?

Do I qualify for Social Security disability benefits?

Will my Social Security benefits be reduced?


Medicare:

Am I eligible for Medicare Parts A and B?

Will I be automatically enrolled in Medicare?

Will I avoid Medicare enrollment penalties?

Will I avoid IRMAA surcharges on Medicare Parts B and D?

Should I change my Medicare coverage during open enrollment?


Health Insurance (Before Medicare):

Will healthcare change as I transition into retirement?

If I retire early, should I buy health insurance through the health insurance marketplace?


Health Savings Accounts ("HSAs"):

Can I make a deductible contribution to my HSA?

Will the distribution from my HSA be tax and penalty-free?


Investments & Annuities:

What issues should I consider when reviewing my investments?

Will I have to pay tax on the sale of my investment?

What issues should I consider during a recession or market correction?

What will have the least tax impact; harvesting capital gains or Roth conversions?

Does an annuity fit within my financial plan?


Charitable Giving:

What issues should I consider when establishing my charitable giving strategy?

Can I do a Qualified Charitable Distribution ("QCD") from my IRA?

Should I use a Donor Advised Fund ("DAF") when giving to charities?


Estate Planning & Inheritance:

What issues should I consider before I update my estate plan?

What issues should I consider when reviewing my estate planning documents?

Will I receive a step-up in basis for this gifted property?

Will I receive a step-up in basis for this appreciated property I inherited?

Should I inherit my deceased spouse's traditional IRA?

Can I delay distributions from the traditional IRA I inherited?

What issues should I consider for my child with special needs?

What issues should I consider before closing the estate?


Education Planning:

What issues should I consider to fund my child's college education?

Is the distribution from my 529 subject to federal income tax?

What issues should I consider when paying off my student loans?

Am I eligible for an IDR plan for my Federal student loans?


Homes and Mortgages:

Should I consider refinancing my mortgage?

What issues should I consider when buying a home?


Equity Compensation:

What issues should I consider with my Incentive Stock Options ("ISOs")?

What issues should I consider with my Non-Qualified Stock Options ("NQSOs")?

What issues should I consider with my Restricted Stock Units ("RSUs")?


Small Businesses:

What issues should I consider when starting a business?

Common retirement plans for small business owners

Common pension plans for small business owners

Should I establish a SEP IRA or a SIMPLE IRA for my small business?

Should I set up a traditional 401(k) for my business?

Am I eligible for a Qualified Business Income ("QBI") deduction?

Will the deductibility of my retirement plan contributions be impacted by the QBI rules?


Insurance:

What issues should I consider when purchasing Long Term Care insurance?

What issues should I consider when reviewing my health and life insurance policies?

What issues should I consider when reviewing my property and casualty insurance policies?