Planning Ideas for Challenging Times

These past few weeks have been tough. But not all the news is bad. The recent market crash has given you the opportunity, at least from a wealth transfer perspective, to realize some potential benefits during the current climate of uncertainty. Some planning ideas suited to the current climate include:

1. Taking advantage of low interest rates
2. Deferring federal tax payments
3. Harvesting tax losses
4. Converting a traditional IRA to a Roth IRA
5. Using any remaining gift tax exemption
6. Considering future COVID-19 legislation

Please see our latest newsletter for further details.