I enjoy teaching clients the value of low-cost asset class diversification. Every investment position in a portfolio should serve a purpose, and that purpose should not be to benefit your broker. 1. Remember that the stock market has a way of transferring money from those with egos, impatience, and emotions to those that have an indexing strategy patiently executed.
At One Day In July, we manage Inherited IRAs, Inherited Trust Accounts & Brokerages, and help clients transfer their assets from an inherited 401k into Individual Retirement Accounts (IRAs).
Recently passed regulation has provided new options as to how you can take your Inherited IRA RMDs. Developing a tax strategy for account distributions has become increasingly important.
We can handle the required minimum distributions (RMD) from your inherited investment accounts for you, and are happy to work with your tax accountant to minimize taxes as much as possible.
Your inheritance has the potential to make a significant impact on your financial health. We can help you develop an investing plan that suits your time frame and risk tolerance.
An inheritance is an excellent opportunity to make progress in saving for retirement, as well as a variety of shorter-term needs. Funding college savings plans, charitable giving, funding a Roth IRA, and investing in a brokerage account are popular courses of action for many.
Shelburne, VT 05482
Burlington, VT 05401