It’s the end of the year, and it’s time to think about your tax bill. Bruce and Peg offer advice on steps you can take now to avoid an unpleasant April.
The opinions voiced in this show are for general information only and are not intended to provide
specific advice or recommendations for any individual. To determine which investment(s) may be
appropriate for you, consult with your attorney, accountant, and financial advisor or tax advisor prior to investing.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is
generally subject to income taxation.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-
diversified portfolio. Diversification does not protect against market risk.
All investing involves risk including loss of principal.
Bruce Helmer, a founding member of Wealth Enhancement Group, has been the host of the “Your Money” Radio Show for more than 20 years. He is also featured weekly on the Twin Cities CBS affiliate WCCO, and has penned three financial advice publications.