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Does a Roth IRA Reduce Taxable Income?
Retirement
Gabriel Katzner

Does a Roth IRA Reduce Taxable Income?

Unlike traditional individual retirement accounts (IRAs), a Roth IRA does not reduce your taxable income. Contributions to a Roth IRA are made with after-tax dollars, which means they do not

The Role of Technology in Modern Financial Planning
Financial Planning
Gabriel Katzner

The Role of Technology in Modern Financial Planning

Technology has permeated every aspect of our lives, largely enhancing the efficiency and accessibility of financial planning. Online tools make it easier for everyone to search for unfamiliar terms and

How To Do a Backdoor Roth IRA
Retirement
Gabriel Katzner

How To Do a Backdoor Roth IRA

If you are a high-income earner, your direct retirement contributions are limited by the Internal Revenue Service (IRS) when using traditional or Roth individual retirement accounts (IRAs). Using a strategy

5 Ways to Build Wealth With a 1031 Exchange, The Benefits of a 1031 Exchange
Investing
Gabriel Katzner

5 Ways to Build Wealth With a 1031 Exchange

Cash on hand is key when buying and selling real estate. The 1031 Exchange is a legislative clause that allows real estate investors to defer their capital gains tax liability

Can I transfer money from an IRA to an HSA?
Financial Planning
Gabriel Katzner

Can I transfer money from an IRA to an HSA?

Health savings accounts (HSAs) allow investors with a high-deductible health plan to use pretax dollars to pay for qualified medical expenses. But what if you anticipate a significant medical expense

What is a Silent Partner?
Investing
Gabriel Katzner

What is a Silent Partner?

A successful start-up business often requires both active and silent partners. Active partners are involved in day-to-day business operations. Silent partners are typically limited partners who provide financial support to

How Do You Split an Inherited IRA Between Siblings?
Retirement
Gabriel Katzner

How Do You Split an Inherited IRA Between Siblings?

An individual retirement account (IRA) is a tax-advantaged retirement account managed by an individual. It can be inherited like other assets, but the rules surrounding transferring IRAs to beneficiaries are