by Katie Brown | May 1, 2025 | General, Retirement, Tax
Exceptions to the 10% Early-Withdrawal PenaltyWithdrawing taxable funds from a tax-deferred retirement account before age 59½ generally triggers a 10% federal income tax penalty, on top of any federal income taxes due. [Distributions from Section 457(b) plans are...
by Katie Brown | Apr 19, 2025 | General, Tax
Tax Planning for Annuities Favorable tax treatment is one of the main reasons for buying an annuity. But what exactly are the tax benefits? And are there any drawbacks? It’s important to know the answers to these questions before deciding whether to purchase an...
by Katie Brown | Apr 3, 2025 | General, Investment
Private Foundations What is a private foundation? A tax-exempt entity operated for charitable purposes Private foundations are tax-exempt entities, just like hospitals or universities. What makes them different from organizations that are known as public charities is...
by Katie Brown | Mar 27, 2025 | General, Tax
Tax Benefits of Home Ownership In tax lingo, your principal residence is the place where you legally reside. It’s typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence. Many of...
by Katie Brown | Mar 20, 2025 | General, Tax
Choosing an Income Tax Filing Status Selecting a filing status is one of the first decisions you’ll make when you fill out your federal income tax return, so it’s important to know the rules. And because you may have more than one option, you need to know...
Best-In-State Wealth Management Teams (2025 & 2026) 