Your 2024 Comprehensive Tax Planning Guide for Clients | Page 6

A Few of Our Tax Reduction Strategies

Charitable Remainder Trust (CRT)

Investor contributes highly appreciated securities to a CRT, sells highly appreciated stock without capital gains tax and receives an annuity income stream over the investor's lifetime.

Active Tax-Loss Harvesting

Funds are used to actively harvest losses while mimicking the returns of a selected market index.

Mega Backdoor Roth Strategy

Use your 401(k) to turbo-charge your post-tax contributions and convert to a Roth 401(k) or Roth IRA on a tax-free basis.

Qualified Opportunity Zones (QOZ)

Investor rolls over capital gains into a QOZ to defer capital gains tax.

Donor-Advised Fund (DAF)

Investor contributes highly appreciated stock into a DAF and receives an upfront tax deduction. Investor can take time to make charitable contributions.

Examples of Tax Strategies to Meet Your Goals