Social Security Planning Strategies to Consider

The decision on the timing of when to claim Social Security benefits should be based on a number of factors including one’s ability to cover existing living expenses without the benefit, life expectancy, and spousal considerations.

Social Security, Retirement Planning, Tax PlanningPhillip R. ChristensonDecember 6, 2021Phillip James FinancialSocial Security, retirement planning, tax planning

Net Unrealized Appreciation (NUA)

A tax strategy known as Net Unrealized Appreciation (NUA) can be an effective way to reduce tax liability.

Empoyer Stock Compensatio, Retirement Planning, Tax PlanningPhillip R. ChristensonNovember 10, 2021Phillip James Financialcompany stock, appreciation, Retirement, tax planning

Employer Stock and Charitable Gifting

Those with charitable inclinations along with substantial employer stock positions have a unique planning opportunity to reduce taxes, risk, and fund future charitable goals. Utilizing a Donor Advised Fund in conjunction with employer stock sales can help accomplish this.

Fee-Only Financial Advice, taxes, Tax PlanningJames L. SextonSeptember 10, 2020Phillip James FinancialEmployee Stock, NQSOs, tax planning, charitable gifting, donor advised funds, fiduciary near me, non-qualified restricted stock units (RSUs), incentive restricted stock units (RSUs), employer stock, general mill restricted stock units (RSUs), us bank restricted stock units (RSUs)

Are Financial Advisor and Investment Management Fees Deductible?

As you may or may not know, in addition to financial planning and investment management we also prepare taxes.

taxesPhillip R. ChristensonSeptember 19, 2017advisors fees, tax deduction, tax planning, tax strategies, tax tips, fee only financial planning

Back Door Roth Conversion Strategy - Part II

High Net Worth StrategyPhillip R. ChristensonSeptember 19, 2017back door roth, Roth IRA, tax deferred, tax planning