Stay updated with breaking news from Ed Slott. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In this week’s podcast, we share our Ultimate Stock-Pickers favorite new-money buy, we shine a light on two undervalued stocks, Russ Kinnel discusses high-profile fund manager changes, and Ed Slott tells us what should be on our radars for tax season. Subscribe to Investing Insights
Explore what the new tax bill means for you and your family & how to protect your savings.
If you've had a toe in the stock market for more than a few years, you likely have grown increasingly giddy watching your profits pile up. But there's a flip side to the story: Eventually, you might need to share a lot of those gains with your partner. If you have put money into Individual Retirement Accounts or workplace 401(k)-style plans on a pretax basis, as millions of Americans have, your investment partner all these years was Uncle Sam. When you start making withdrawals, your partner will want a share of the spoils. Taxes in sheltered accounts are easy to overlook if you have...
The shotgun approach used to send out earlier COVID-19 stimulus money raises questions about efficiency and fairness.
‘An Estate Tax Every Year’ Ed Slott of Ed Slott & Co., told ThinkAdvisor Monday in an email that Warren’s wealth tax “will never happen.” The idea of a wealth tax “may sound fair to those who are not anywhere near that wealthy and believe these people should pay more, but it would be almost impossible to put into place and enforce and to do it each year. There is just no way this kind of tax can be practically assessed.” First, Slott continued, “this is a tax based on Net Worth, which is essentially the same process as preparing an estate tax return after death. But under this...