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PFA Ponderings

ROTH OR NOT?

By | PFA Ponderings

The 1997 Taxpayer Relief Act, like most tax code overhauls, was born out of bits and pieces of manipulation. The most memorable of these was an initiative brought forth by Senator William Roth of Delaware.  The Individual Retirement Account, legislated into existence in 1974, had become a staple of individual…

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RMD 101, Tax Reform 2.0, and my Mom.

By | PFA Ponderings

My mother still objects vehemently.  These are her funds!  She squirreled these away for years! She should be able to spend them – or not – as she deems appropriate!  Who is the government to tell her she has to take money out of her retirement plan?! Required Minimum Distributions…

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Geeky Bond Math Made (somewhat) Simple.

By | PFA Ponderings

  In the universe of capital market investments, it seems there’s no area more confounding than the ‘debt markets’.  Clients and advisors alike project a look of semi-understanding when bonds and all of their quirky dynamics come into the equation. Bonds are easy, as long as we remember one thing: …

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Live in Maine? Have some free money!

By | PFA Ponderings

As I write this blog, it’s sunny, dry and 73 degrees.  There’s a slight breeze.  This is, I believe, the best possible meteorological condition for human existence.  Extremely liveable. Of course, as anyone living in Maine is well aware, this kind of day is the exception to the rule.  Generally,…

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First World Problems and The Kiddie Tax

By | PFA Ponderings

We’re looking at what some economists call the longest bull market in history, and it’s creating problems. They’re not really bad problems.  We’ll just call them challenges.  More specifically, we’ll call them Capital Gains – and the IRS will be looking to take a portion of those in taxes.  Fortunately,…

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