Insights
Tax location: Why the where matters
Managing investments means more than just which stocks, bonds, and other investments you own. Prudent investors should also consider where the investments live—specifically, whether it’s better to keep investments in taxable or qualified accounts. We call this tax location, and it can be an important part of wealth management.
Planning for RMDs in 2023
At Quorum, we want our clients to understand all of the potential sources of income they’ll have available in retirement. This often opens discussions about required minimum distributions (RMDs) and the role they play in a retiree’s income strategy.
How contingent fee attorneys can lower their taxes
Contingent fee attorneys fight hard for their clients, who are often victims of horrible accidents or other tragedies. But when it comes to paying taxes on those contingent fees, however, these attorneys become victims…of the progressive tax system.
November 2024 Market Update
An election season with several twists and turns came to a not-unexpected end with the reelection of President Donald Trump. The received wisdom is that the financial markets hate uncertainty, and we certainly saw some evidence of that in the rally that followed the decisive election results.
Investment accounts: Do you have a tax strategy?
When we talk about diversification, there’s more to consider than just what mix of stocks and bonds you have in your portfolio. We also want to consider the type of accounts you have those assets in. Let's dive in.
Mega backdoor Roths, explained
In this article, we’ll go over who qualifies for a mega backdoor Roth, how they work, and how they might fit into a holistic financial plan.
How do you build a balanced portfolio?
When it comes to investing, rebalancing your portfolio can be integral to achieving your goal. We wanted to take a moment to highlight why rebalancing is so important and how we rebalance client portfolios at Quorum.
