Tax Strategy

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 A Guide to the 72(q)/72(t) Distribution Method 

In this episode of StreetSmarts, Dylan Potter, Vice President and Wealth Manager at Howe & Rusling, delves into the intricacies of Section 72(q)/72(t) of the tax code, which provides a distribution method that will allow you the flexibility to draw on retirement accounts, penalty-free, before the age of 59 ½.


How to Plan for the 2025 Sunset of the Federal Estate Tax Exemption 

As of January 1, 2026, the current lifetime estate and gift tax exemptions will sunset and revert to 2017 amounts (adjusted for inflation), resulting in exemptions that will be half of what they are now. Families that face estate tax liability in 2026, roughly speaking if your assets are at, above, or will grow to $5 million at the time of death, could potentially save a significant amount by making strategic changes to their estate and financial plans now.

Snowy mountains at dusk

Your Year-End Financial Checklist: Contributions, Tax Planning and more  

I know that we’re all in the midst of planning for the holidays. As we create our to-do list for preparing for family gatherings, gift giving, and other festivities, we at Howe & Rusling also think it’s important to create a financial check list before we ring in the new year. We would like to highlight seven points that would be beneficial to review.

Collage with financial news and families enjoying the holidays

The Important Things: tuning out the financial noise to focus on what really matters

As the end of the year rapidly approaches and we all spend time with our friends, family, and loved ones, it feels as though time is accelerating and 2023 will be in the past before we know it. Reflecting on the topics of blog articles this year, I wrote about legislation a few times including changes to Roth rules, debt ceiling battles, and banking regulation interventions. Macroeconomic conditions, geopolitical tensions, and market reactions to both were also common topics. Perhaps the most common subject was the Federal Reserve and the Federal Open Market Committee (FOMC), and it was so frequent that we need not count. There was another Federal Reserve meeting this week and, while the Summary of Economic Projections was a point of some interest for the markets, reflecting on such a strange year for economics and the markets got me thinking of the bigger picture. Perhaps it’s the season, but it feels like a good time to take a step back and reflect not on the noise of the financial press and the minutiae of the financial markets, but on the reasons we all bother to get up in the morning, go to work, do the hard things, and invest for the future.

citrus fruits

Your Guide to HSA Year-End Contributions

With the year swiftly coming to a close it’s time for taxpayers to think about those year-end financial housekeeping items.  While there are many topics to consider such as year-end tax deadlines, portfolio allocation, and the cost of the holidays, what we’re thinking about today is Health Savings Accounts or “HSAs.” Today we’ll review HSA contribution limits and deadlines, the value of HSAs as a tax planning and retirement planning tool, and investing your HSA balance.

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Navigating the Roth Conversion Window

In this episode of StreetSmarts, Elizabeth Hutton, Vice President and Financial Planner at Howe & Rusling, delves into the intricacies of Roth Conversions. Discover how high earners can navigate Roth IRA contribution limits, and explore the strategic “Roth Conversion Window” between retirement and required minimum distributions. She will guide you through the criteria for optimal candidates, shed light on critical considerations, and unveil the strategic benefits, from mitigating future tax risks to enhancing estate planning.

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AGI vs. Taxable Income vs. MAGI —Why it Matters

When determining your eligibility for a variety of deductions, credits, and retirement plans, you will often come across terms such as AGI, taxable income, and MAGI. Let’s explore what each of these terms mean, how to compute them, and why they matter.


Discover Retirement in Boise, Idaho: Affordable Living, Outdoor Adventures, and a Warm Community

Boise, Idaho is becoming an increasingly popular choice for retirees due to its affordable cost of living, outdoor recreation opportunities, and welcoming community. With a population of just over 230,000, Boise offers a laid-back, small-town feel with all the amenities of a larger city. In this article, we’ll explore what makes Boise a great place to retire, including its recreation activities, culture, and some affordability information.

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Decoding Finance Industry Designations

If you’re not immersed in the finance industry yourself, it can be confusing to understand what different credentials mean after an advisor’s name. We’re here to break it down for you, and we’re starting with some of the more common designations that are represented at Howe & Rusling: the CFP®, CFA, and CPA. Without getting lost in alphabet soup, these certifications are not only difficult to earn, but they’re very meaningful. Let’s dive in.