Pinegrovefg_minnetonka

12/06/2022

Tis the season! 🎄

08/31/2022

The third of our buckets in our asset location series is the tax-exempt bucket. This bucket is extremely useful and is made up of Roth accounts, whether IRA or 401(k) or 403(b). Money goes into this bucket after tax, but the magic happens when it grows and then you can take out both the investment and the growth in retirement with no additional taxation.

08/30/2022

08/30/2022

Yesterday we talked about tax-deferred accounts. The second of our three buckets is the taxable bucket. This is your bank or brokerage account, where gains from sales of stocks, bonds, funds and interest are taxed in the year they are realized. After-tax money goes in this bucket and is allowed to grow. When you take money out, only the realized growth is taxed to you.

08/29/2022

Asset LOCATION is as important as asset allocation. Think of your retirement portfolio as three buckets of money. Today, we are featuring the tax-deferred bucket. This money goes into your bucket before taxes, allowed to grow, then it is all taxed on the way out. Most traditional retirement plans go right into your tax-deferred bucket. There are a number of tax-deferred account types.

08/25/2022

What are your "can't-miss" state fair things?

08/20/2022

Donor advised funds, qualified charitable contributions, stock gifts and more - there are many effective, tax-efficient ways for you to give to your favorite charities.

08/19/2022

Ever feel like you have a few too many numbers and accounts to keep track of? Let us know; we may be able to help you streamline and consolidate so you can spend your time doing whatever it is you love!