Laura Saunders

speaker

5,937 appearances 109 recordings 1 series first heard Jul 2017 last heard Nov 2024

Laura Saunders’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Big Tax Breaks Await Those Who Plan Ahead This Year · 29 Nov 2022 podcast

Now, one of the things that's important is that if you have a security in one of these accounts, like, I don't know, some ABC stock. matched

and it's way down and you really like it and you just want to capture the loss to use it to offset other gains, then you can't buy it back either 30 days before or 30 days after the sale at a loss or else there are penalties on that because otherwise you would just be minting losses. matched

But this is something to look at. matched

You know, it's been a way down year for stocks. matched

And so maybe you want to harvest losses or take losses. matched

One thing they could do is consider converting some of their assets to a Roth IRA. matched

The advantages of a Roth IRA are that you don't pay tax on withdrawals from it. matched

So the growth is tax-free and the money can come out tax-free in general. matched

And some people feel that if you convert when the market is down, when it's taken a hit, you'll have more upside potential. matched

We can't prove the market's ever gonna go up again, but historically, a Roth conversion in a down market matched

has worked better than, say, when the market is at a peak. matched

It's just hard to know when the peaks and valleys are. matched

And the two other factors that could make a conversion a good idea are, one, is if your tax rate will be lower when you put the money in than when you take it out. matched

Like if you're a 25-year-old and you think you'll take it out when you're 70, your tax rate will probably be higher at 70. matched

Thanks for having me. matched

WSJ Your Money Briefing · Tax Savings for Crypto Investors: How to Offset Steep Losses · 15 Nov 2022 podcast

the investor can sell it and take a lot of losses. voice-verified

And those losses go into an account to shelter all future gains, capital gains on stocks, on land, on houses, on crypto, on all kinds of things. voice-verified

Thanks for having me. voice-verified

Yes, that's exactly right. voice-verified

You know, it's been hard for the IRS because crypto has developed faster than Congress could change the laws and the IRS could put them in to implement them. voice-verified

Showing 941–960 of 5,937 · page 48 of 297