Why Lost Control Is an Even Bigger Risk Than Higher Taxes in Retirement

David Belisle tackles the third of four parts on taxes in retirement. David explains how keeping money in tax-deferred retirement plans gives the IRS more control of one’s retirement. He discusses the importance of a diversified retirement plan and the finesse of converting money to Roth accounts, …

Five Reasons Why the Tax Timebomb Could Get Worse Over Time

David Belisle discusses how increased taxes in retirement could be an even worse problem in the future. David discusses the reasons, including the national debt, certain bills that could expire, RMDs, Social Security taxes, and healthcare premiums. And David lays out how he and the Paramount Financ…

Tools To Alleviate the Retirement Tax Timebomb

David Belisle discusses the types of retirement accounts that can lead to major tax implications in retirement. David describes how this problem is only getting worse over time and how the national debt ties into this. He also describes several different methods that he and the Paramount Financial …

What Is The 0% Tax Bracket?

David Belisle talks about tax efficiency. David explains the thresholds within the standard deduction and taxable income that can lead to someone potentially (and legally) paying zero federal income tax. David walks through why this is more important now than ever and the myths that some people hav…

Factors To Consider and A Big Misconception for Lifestyle Planning in Retirement

David Belisle talks about the questions people should consider when planning their lifestyle in their retirement years. David defines this process and shares what calculations and tools he and his Paramount Financial team can make during this discussion – and how each person’s case is specific. He …

Tools to Battle Current Market Volatility

David Belisle discusses the roller coaster that is happening in the stock market and why people’s best decisions are not made when they are freaking out. David shares how this is the first down market in a long time and how this correction is inevitable. He speaks to the behavioral coaching he has …

Three Dangers of Roth Conversions

David Belisle discusses how converting traditional retirement accounts to Roth accounts the wrong way can negate their benefits. David shares how mistakes can hurt someone’s tax bracket (and increase their taxes), can raise the Medicare premiums, and how some advisors have incentive not to share th…

Three Possible Tax Inefficiencies For Investments

David Belisle talks about the intersection of taxes and investments this tax season. David outlines three areas where people can end up paying more taxes on their investments than they expect – interest, dividends, and capital gains – and how Paramount Financial can help minimize those tax burdens.…

What Structured Investments Are and How They Work

David Belisle discusses a lesser-known financial tactic: structured notes. David defines the two types – income note and growth note – and how they work. He also explains how they can gain value whether the market goes up or down. And David explains the difference in these structured investments be…

The Benefits of Annuities and One Instance Where They Are Not The Answer

David Belisle talks annuities, including why they have such a bad rap. David defines what annuities are and the different types. He also explains the many pros of having annuities – protected against market downturns, care coverage, and tax benefits - along with a specific instance when annuities a…