Jim White, CFP®, EA, Author at Great Oak Wealth Management

Stepped-Up Basis: How to Save Your Heirs Thousands in Taxes Through Inheritance Planning

When it comes to estate planning, the concept of a stepped-up basis can be a powerful tool for reducing capital […]

Those just around the corner from retiring will have a way to sock away more money in their nest egg.

An in-kind distribution is an often overlooked yet simple process that could save taxes while maintaining investment allocation. They allow

A Qualified employee stock purchase plan (ESPP) is an employer benefit in which employees can purchase company stock through payroll

The Rule of 55 is a provision that allows penalty-free withdrawals from an employer retirement plan if you leave a

Rule 72(t) allows you to access your retirement savings without penalty before age 59 ½. But, although the rule provides

A taxable investment account is an ideal savings tool for those who want to save additional funds. Whether you wish

We all know that starting and building a family is not a cheap or one-time outlay. It’s a longstanding big-ticket

A taxable investment account can supercharge your overall savings. No hoops to jump through, just a straightforward process to get

We are all pretty used to planning our finances around certain life events. Can I afford to change jobs? When