4 ways to save on taxes in 2024
With taxes top of mind for most people at the moment, it’s a good time to brush up on a few tax-saving tips! Allworth Co-CEO Scott Hanson shares four steps you can take to lower next year’s tax bill.
With taxes top of mind for most people at the moment, it’s a good time to brush up on a few tax-saving tips! Allworth Co-CEO Scott Hanson shares four steps you can take to lower next year’s tax bill.
You’ve likely heard of Roth IRAs and Roth conversions – but do you understand their nuances and how they actually work? Allworth Co-CEO Scott Hanson helps explain the basics, including the need-to-know contribution rules and when a conversion can make the most sense.
A little forethought can pay off big time. Allworth Co-CEO Scott Hanson explains how pre-emptive tax planning can help you avoid wasting thousands of dollars in taxes down the line.
Contrary to popular belief, your tax rate might not go down in retirement. In fact, it might go up! The culprit? Required Minimum Distributions (RMDs). We explain why… and outline three potential ways to reduce this tax burden (and save you money).