FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
He's an articulate funny guy....who ever thought a CPA could have such a good sense of humor?
He covered a lot of details that would be boring to mention here, so I will summarize:
1)Make sure your beneficiary forms are up to date, or Congress will take your money.
2)Taxes are going up, so the time is now to convert IRAs to Roths, or fund Roths.
3)AMT will continue to be a mess for some time to come.
4)We are in a YOYO environment: YOU'RE ON YOUR OWN!!
5)Life insurance is the best way to leave money tax-free to heirs..............
He covered a lot of details that would be boring to mention here, so I will summarize:
1)Make sure your beneficiary forms are up to date, or Congress will take your money.
2)Taxes are going up, so the time is now to convert IRAs to Roths, or fund Roths.
3)AMT will continue to be a mess for some time to come.
4)We are in a YOYO environment: YOU'RE ON YOUR OWN!!
5)Life insurance is the best way to leave money tax-free to heirs..............