Retirement planning involves much more than choosing investments or preparing an annual tax return. Retirees must coordinate income, Social Security, Medicare, taxes, investment risk, required minimum distributions, insurance, and estate planning. Three credentials frequently appear in these conversations: CFP®, CFA®, and CPA. Although their responsibilities sometimes overlap, each represents a […]
Tag: tax planning
Why Do Lionel Messi and Other International Soccer Stars Pay U.S. Taxes?
Why Some $3 Million Soccer Stars Take Home Less Money Than Players Making $2 Million. The Little-Known Tax Rule That Affects International Soccer Superstars When fans hear that a soccer player has signed a $3 million contract, most assume that’s what ends up in the player’s bank account. In reality, […]
Withdrawing from a 401(k) vs. Delaying Social Security
Withdrawing from a 401(k) while delaying Social Security benefits can be a strategic approach depending on individual financial needs, tax implications, and long-term retirement planning. Let’s break down the rules, pros and cons, and provide an example for someone withdrawing $2,000 per month from their 401(k) at age 65 compared […]



