Year End Issues & Opportunities: Mutual Funds (not advice of course)Here’s an article from cnbc.com that points out the issue: click here.Look at this publicly-available document (link), which reports the expected distributions from mutual funds. One fund is going...
EXTRA ADDITION TO TODAY’S BROADCASTJae's Corner: Uncommon Financial Insight is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.Tax Loss Harvesting can yield additional benefits with respect to your...
Silo Effect in Financial PlanningI have been on multiple interviews to alert people about the uncovered issues when people consider seemingly-unrelated financial topics separately. That is almost never the case. Here’s possibly a huge, very expensive example.This is a...
Y’all Think I’m Makin’ Stuff Up, Right?Top panel is American Funds’ set of Target Retirement Funds, and bottom panel is Blackrock’s. Not financial advice, dyor.Takeaways:a. You can see that the red circle and orange circle: the results are almost exactly alike. HMM:...
Was the Roth IRA conversion in 2022 worth it?Very uncertain. One one hand, the logic of Roth IRA conversion still exists. On the other hand, the term “sequence risk” has multiple variations and one is “sequence gain,” which is that this couple would have $3,680 more...
2022 AlternativeDelayed the Roth IRA conversion, now the taxable income is $50,000. The couple could’ve saved $14,580 (=$1215 x 12) instead, a difference of $3,680 ($14,580 less $10,900).
Financial Planning Isn’t The Shallow EndFinancial planning, now that is actually where it is interesting, and that is the actual move from the shallow end of the pool to the deep end. Yesterday, this conversation.Situation:Mr X, Medicare eligible due to SSDI (which...
I Could Simply Called This “Jae’s Toldya Corner”Breadcrumbs all along the way, y’all….There’s a reason to watch the videos: the information has been there the entire time, many disregard, and then when the 2022 Medicare Part B and IRMAA surcharges take effect, finally...
That’s The Easy, Now For The UglyLook at the list of mutual funds presented earlier. Each will have a dividend and a capital gains distribution, which will sit in a black box, and then be announced, and given to you. Let’s say that you have a tax situation, and that...