Are you aware that all income isn’t taxed equally? It’s important to keep this in mind when thinking about the type of account you should put your income or investments into. Jennifer Gartenberg, CFP® explains more about tax efficient investing in this Mesirow Minute video.
Jennifer Gartenberg discussed how Mesirow is guiding clients with tax-advantaged investment strategies.
Strategically allocating assets across accounts with varying tax treatments can help optimize tax efficiency, reduce risk, provide tax flexibility, and potentially maximize after-tax returns.
If you can afford to cover your family’s health care costs out-of-pocket (without spending your Health Savings Account (“HSA”), consider investing those HSA assets instead!
Your IRA most likely represents a significant portion of your long-term retirement savings and can also play an important role in annual tax planning.
Many people are well aware of two key advantages of a Roth IRA: the ability to withdraw money tax-free — which appeals to anyone who wants to minimize their tax bite in retirement — and the ability for wealthier taxpayers to maximize assets and minimize taxes for their heirs.
Many of our clients own business assets or personal property that have appreciated in value and struggle with ways to sell these assets without triggering immediate capital gains taxes. The good news is, there is a way to defer these taxes by using a 1031 Exchange.
Mesirow Wealth Management is a division of Mesirow Financial Investment Management, Inc., an SEC-registered investment advisor. Securities offered through Mesirow Financial, Inc., member FINRA, SIPC. Advisory Fees are described in Mesirow Financial Investment Management Inc.’s Part 2A of the Form ADV. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc.