15 Things You Should Know about the Roth IRA–Part 2 with David McKnight
Today, we continue last week’s discussion of 15 Things You Should Know about the Roth IRA, with Part 2. You can not take a required minimum distribution from an IRA and turn it into a conversion, you have to deposit it somewhere else. The ideal…
15 Things You Should Know about the Roth IRA–Part 1 with David McKnight
A true tax-free investment will meet two basic tests. They will first be free from every type of tax which means free from federal tax, state tax, and capital gains tax. The second thing is that the investment can’t count as provisional income. Roth…
Why Your Tax Rates Could Double (No Matter What) with David McKnight
Micheal Coleman texted a glowing testimonial to David about his latest book, “The Volatility Shield.” We often talk about why your taxes could double in an effort to keep the country solvent because of the vast unfunded obligations like Social…
The Surprising Tax Benefits of Living in Puerto Rico with David McKnight
In 2012, there were two Acts that came out in Puerto Rico that gave people massive tax incentives to move their business there. Act 20 says that if you own a qualified business and move it to Puerto Rico they will waive your federal tax, your state…
Part 2, Jonathan Krueger from Living a Richer Life By Design, interviews David McKnight
The math demonstrates that our elected officials have made promises that they can’t possibly afford to deliver on in the form of Social Security, Medicare, and Medicaid. To avoid getting voted out of office, they are likely to raise taxes…
