401(k) Summer School: You Won’t Owe Taxes If You Swap Investments Inside Your 401k Hi Friendos, 401k summer school continues and here on Flag Day we have a short lesson that brings positive news. Lesson 5: You will not owe any taxes if you swap investments inside your 401k. Let’s say you own Fund A […]
Hi Friendos, I hope you are enjoying a wonderful holiday weekend. Last week I wrote about an article co-authored by Alicia Munnell, “The Case for Using Subsidies for Retirement Plans to Fix Social Security.” Part of what the authors do is consider changes to the current rules around tax-advantaged retirement accounts, such as 401ks, and […]
Hi Friendos, Today I am pleased to bring to you a tax-avoidance technique that is only available to low and moderate earners – high income people, you are excused! This technique is called capital gains harvesting and takes advantage of the 0% capital gains tax bracket. There is never a bad time to do this, […]
Frequently Taxed Questions 