Tag: Capital Gains
2025 Tax Law Updates and Strategic Planning (Ep. 140)

2025 Tax Law Updates and Strategic Planning (Ep. 140)

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From new tax rules to little-known retirement plan strategies, 2025 is shaping up to be a year of significant changes for many taxpayers.

In this episode, Peter Raskin unpacks timely provisions from the “One Big Beautiful Bill Act,” explains a tax-saving approach for employer stock, and addresses the impact of Massachusetts’ Millionaires’ Tax. With practical examples and forward-thinking strategies, he shares how clients are adapting their financial plans to take advantage of new opportunities and avoid costly surprises.

Peter discusses:

  • The key provisions of the 2025 “One Big Beautiful Bill Act,” including unchanged tax brackets, higher standard deductions, and an increased SALT cap through 2029
  • The temporary bonus deduction for older taxpayers with incomes under certain thresholds, and how it phases out after 2028
  • The Net Unrealized Appreciation (NUA) distribution strategy for employer stock in retirement plans, highlighting tax advantages and planning considerations
  • The Massachusetts “Millionaire’s Tax,” its impact on high-income earners, and potential strategies like timing transactions or changing residency
  • Ways to reduce taxable income in high-earning years, including charitable contributions, realizing investment losses, and exploring specific tax-efficient investments
  • And more!

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This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned, and other entities and/or marketing names, products, or services referenced here are independent of Osaic Wealth.

Osaic Wealth, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

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Taxes Aren’t Everything: Prioritizing Your Financial Objectives (Ep. 139)

Taxes Aren’t Everything: Prioritizing Your Financial Objectives (Ep. 139)

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Taxes may be inevitable, but how you approach them can make a meaningful difference in your long-term financial path.

In this episode, Peter Raskin unpacks the recently signed “One Big Beautiful Bill” and what it means for families and individuals. More importantly, he breaks down how to think about taxes not in isolation, but in the broader context of your goals, values, and peace of mind for your family’s future.

Key Points Covered:

  • The newly passed “One Big Beautiful Bill” and why tax rates staying the same may not be the full story
  • How deferring taxes isn’t always the wisest long-term move and may end up benefiting the IRS more than your family
  • Real client stories around estate taxes, complexity, and prioritizing simplicity over tax savings
  • Strategies like Roth conversions, asset sales, and rebalancing with a focus on goals and risk tolerance
  • How to evaluate whether complex tax-saving strategies like 1031 exchanges or charitable remainder trusts are worth the effort
  • And more!

Resources:

Connect with Peter Raskin: 

Schedule a Time with Peter Raskin:

This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Securities and investment advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned, and other entities and/or marketing names, products, or services referenced here are independent of Osaic Wealth.

Osaic Wealth, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

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Proactive Year-End Financial Planning for 2024 (Ep. 128)

Proactive Year-End Financial Planning for 2024 (Ep. 128)

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The end of the year brings a crucial opportunity to review and optimize financial plans. 

 

In this episode of The Wealth Is In The Details Podcast, Peter Raskin dives into year-end financial planning strategies to keep you ahead of the curve. 

Understanding your tax brackets, planning for capital gains and losses, and utilizing charitable contribution strategies are pivotal in managing your finances efficiently. 

Whether you’re dealing with capital gains, preparing for retirement, or ensuring your estate plan is in order, there’s actionable advice for everyone looking to secure their financial future.

Peter discusses:

  • Tactics to strategically manage capital gains and losses to optimize your tax situation
  • The importance of understanding tax brackets and how they influence your financial planning
  • Effective approaches to charitable planning and how they can impact your overall tax strategy
  • The implications of IRMAA on your Medicare premiums and how to manage income triggers effectively
  • And more!

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Disclosure:

This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Securities and investment advisory services offered through Osaic FA, Inc., member FINRA/SIPC. Osaic FA is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic FA.

Osaic FA, Inc. and its representatives do not offer tax or legal advice. Individuals should consult their tax or legal professionals regarding their specific circumstances.

FEATURE
The Good and Bad News of Realized Capital Gains (Ep. 79)

The Good and Bad News of Realized Capital Gains (Ep. 79)

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Investors see capital gains as both good and bad news for their investment portfolio. 

The good took place in 2021 when investors saw increased capital on their investments. The bad took place in the form of increased tax payments. 

What is the best way for investors to maneuver between these two extremes? 

In this episode, Peter Raskin discusses both the good and bad about realized capital gains. He also provides tips on how to maneuver around capital gains and taxes so more money stays in your pocket. 

Peter discusses:

  • Why all stocks don’t experience the same level of capital gain 
  • The importance of global diversification with your portfolio 
  • The importance of being tax aware regarding stocks and bonds
  • How risk management is crucial to your investment strategy 
  • And more!

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Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning.

Peter Raskin is a registered representative of Lincoln Financial Advisors.

Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is a marketing name for registered representatives of Lincoln Financial Advisors.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.