There are many other provisions within the newly passed SECURE 2.0 Act that could have a significant impact on your retirement planning. RMD changes, more Roth options, and retirement plan contribution increases are good; limitations on IRS-defined “high earners” not so great… Continue reading
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We Are a 2022 Weatherhead 100 Winner!
True Wealth Design is proud and honored to be selected by the Case Western Reserve University School of Management as a 2022 Weatherhead 100 winner. Established in 1988, The Weatherhead 100 is the premier celebration of Northeast Ohio’s spirit of entrepreneurship … Continue reading
Donor-Advised Funds Can Enhance Tax Benefits On Your Charitable Giving
A majority of Americans donate to charities yearly and most donate cash. However, using cash is generally the least tax-efficient method to make a gift. Cash tends to be operationally inefficient too. Using a donor-advised fund (DAF) can help improve … Continue reading
Time To Make Roth IRA Conversions
Stock and bond markets have taken sharp declines in 2022. The depressed prices make it a great time for you to consider converting some of your tax-deferred assets in your IRA or similar retirement plans into a tax-free Roth IRA. When markets recover, the gains will occur in the Roth IRA and be tax-free… Continue reading
How NOT to Invest in the Face of Creative Destruction
Innovation culminates in societal advances and growth but can be painful if you are on the destructed rather than the constructed side of change. Here we’ll explore how this should influence your investment portfolio and specifically highlight what not to do. Continue reading