Category: asset allocation

Hot topics in City of Palo Alto, California

scholarship program, for low income families to be able to take classes.2)no smoking policy in public areas Affordable housing for low to middle income families Job-share options for parents and apprenticeships for teens Free shuttle between East Palo Alto and Palo Alto so youth can partake in afterschool activities. Transportation: less traffic, more parking, more

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Indexed Annuity contributions are part of the distribution process in retirement

Index Annuities Gains In 2008, the SP500 lost about 40% of its value.  Investors in indexed annuities did not lose a cent which took nearly 4 years for the SP500 to get back to 2007 levels. For individuals who were retiring in 2008, or had tax qualified accounts in an Indexed annuity and passed away, that

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7 Things to Review During Medicare Open Enrollment by Emily Brandon

Medicare beneficiaries will get an opportunity to make changes to their Medicare Part D coverage between Oct. 15 and Dec. 7, 2014. Many retirees will experience premium increases, changes in covered drugs and new cost-sharing requirements if they don’t switch plans. Here’s what you should review during the annual open enrollment period so you can

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How to avoid capital gains tax

First, you can use a tax-protected retirement account to avoid paying capital gains taxes on the proceeds from your stock sales. As long as you keep the proceeds in the account and resist the urge to make premature withdrawals, you can grow your retirement savings on a tax-free basis for an indefinite period of time. 

However, your retirement account may be subject to certain contribution limits. If you’re under the age of 50, you can contribute just $5,000 per year into your tax-protected IRA account. If you’re over the age of 50, you may be able to contribute as much as $6,000 into your account. Before you make any contributions, be sure to check with a licensed tax professional.