Tax Strategies

Can You Turn Investment Losses into Tax Gains? Lionsgate Advisors

Can You Turn Investment Losses into Tax Gains?

November 7, 2022
Posted in , ,

When markets take a spill, especially when it comes to your retirement investments, it’s harder to find ways to meet your financial goals. If you were relying on IRA or 401(k) withdrawals to cover your expenses, doing so when markets are down would decrease the lifespan of your savings. And if you’re nearing retirement, market […]

Read More
What Is a QCD and How Does It Work? Lionsgate Advisors

What Is a QCD and How Does It Work?

August 12, 2022
Posted in ,

You might expect your tax burden to decrease in retirement – after all, you’re no longer receiving a paycheck that incurs income tax, payroll tax, and Medicare tax. However, your income in retirement could be significant between investment income, rental properties, pensions, Social Security, and retirement account withdrawals. Then starting at age 72, you will […]

Read More
Will You Have Tax-Advantaged Buckets in Retirement? LionsGate Advisors

Will You Have Tax-Advantaged Buckets in Retirement?

June 6, 2022
Posted in ,

You’ll likely have several sources of income in retirement that can be taxed, such as IRA distributions and Social Security benefits. But, do you have any after-tax “buckets” that you can use strategically in retirement to help reduce your tax bill? There may be a few options available to you, so know how they work. […]

Read More
What is a Roth Conversion and Should You Do It? Lionsgate Advisors

What is a Roth Conversion and Should You Do It?

November 10, 2021
Posted in ,

When you think of your major expenses, you might think of housing, healthcare, travel, or something else. But have you considered that taxes could be your biggest expense, even in retirement? There could be ways to reduce your tax burden today and tomorrow, including a Roth IRA conversion. What is Roth IRA vs. a Traditional […]

Read More
Should You Pay Taxes Now or Later? Lionsgate Advisors

Should You Pay Taxes Now or Later?

September 27, 2021
Posted in , ,

No one can fully escape taxes, but you do have some say in when you pay them. Different types of retirement income are taxed at different times. Orchestrating these sources in retirement can take some work, as the rules for each differ. Under the umbrella of tax-advantaged income sources, there are those that require taxes […]

Read More