Blog Archives

Don’t Take That Required Minimum Distribution (RMD) Just Yet!

Clients who will be turning 70 ½ this year are being advised to PAUSE with regards to taking their Required Minimum Distribution from their IRA for 2019.   Clients of this age AND who have an IRA or a 401(k)


Tagged with: , , , ,

Why The New Medicare Tax May Cost You More Money

Current Medicare Tax Currently taxpayers pay 1.45% Medicare Tax on their earned income. This is from a W-2 for employees and net-income from self-employed individuals. The employee pays this amount and the employer matches it, therefore they remit 2.9% to


Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

4 Reasons to do a Roth Conversion

  A Roth Conversion is when funds are taken out of an IRA and converted into a Roth IRA. This conversion results in taxable income. Here are 4 Reasons to do a Roth Conversion:


Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Why Every Week is "Shark Week" for the Self-Employed in Connecticut – Updated

This week is Shark Week on the Discovery Channel.  Last year, we told you how every week is “Shark Week” for the self-employed in Connecticut.  Now, a year later, there is even more blood in the water.


Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , ,