Will September be the riskiest month of 2021? Schwab’s chief investment strategist Liz Ann Sonders lays out the investment pitfalls of September and October and how to avoid them. There are 4 things to do now if you’re retiring within 5 years. David Strachan details the strategies for wealthy investors to lessen the impact of currently proposed tax increases. When should you consider a Roth account? There’s no doubt that they are a popular way to generate tax-free growth. The question is when to convert your IRA to a Roth, as Michael Kitces explains.
Phases And Stages: COVID’s Impact On Market’s Phases — Despite record returns, speculative froth has also been prevalent as a market risk all year, with the sectors that have seen the most froth seeing the most carnage. Given the economic uncertainty driven by COVID, monetary/fiscal policy uncertainty, and seasonal tendencies, Schwab believes investors should focus on diversification (across and within asset classes) and periodic rebalancing. Read more…
Capital Gains Strategies To Keep You On Track For Retirement –As we enter into a new era of tax code proposals from the Biden administration, it’s important to be thinking about what those changes may mean when planning for the upcoming tax season and retirement. This is especially important for wealthy individuals, who will be affected by the capital gains tax. Read more…
When Should You Contribute To Roth Accounts? — Considering how your tax rates are likely to vary throughout your life can aid the process of deciding when to contribute to traditional IRAs and when to put money into Roth IRAs or perform conversions. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller