Three Ways to Cut Taxes on Investment Earnings, Four Reasons to Buy When You Downsize, Should Retirees Think Twice About Non-Qualified Annuities?

Four Options for Saving for Your Newborn's Future | Non-Qualified Annuities: Should Retirees Think Twice? | Estate Plan Check-Ups: Don't Just Set It and Forget It Created for {EMAIL} | [Web Version]( January 31, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Family Matters [] [Four Options for Saving for Your Newborn's Future]( [Four Options for Saving for Your Newborn's Future]( (Getty Images) CFP Kevin Webb goes through the different rules for different types of accounts, all of which serve the purpose of [helping your child get a head start]( on their financial future. [] Saving for Retirement [] [Non-Qualified Annuities: Should Retirees Think Twice?]( [Non-Qualified Annuities: Should Retirees Think Twice?]( (Getty Images) A twist many don't see coming, according to CFP Douglas Kuring, is that earnings from [non-qualified annuities are taxed as ordinary income]( rather than at more favorable capital gains tax rates. [Is your money working hard enough?]( It should be! Learn how Betterment's automated investing and savings technology can make your money hustle, while you don't. [LEARN MORE]( ADVERTISEMENT [] Estate Planning [] [Estate Plan Check-Ups: Don't Just Set It and Forget It]( [Estate Plan Check-Ups: Don't Just Set It and Forget It]( (Getty Images) Like your preventive doctor visits, you should [regularly check in on your estate plan]( to ensure it's in good shape for when it's needed. Attorney Justin Stivers also highlights times when you might need to make changes. Featured Content Sponsored Content from Kiplinger Advisor Collective [Join the Kiplinger Advisor Collective Today]( Are you a seasoned financial professional with a wealth of experience waiting to be shared? Do you dream of expanding your influence within the industry and connecting with like-minded peers? The Kiplinger Advisor Collective is the ultimate platform for personal financial experts like yourself. [Find out more](. [] Taxes [] [Three Ways to Reduce Taxes on Your Investment Earnings]( Proactive tax planning using these strategies from financial consultant David McGill could help you keep more of your hard-earned money, now and in the future. [Read More]( [Protect Your Retirement Income Plan]( Go2Income has added the Fixed Index Annuity (FIA) to its lineup of investments and annuities to help reduce market risk and taxes in your plan. The FIA provides: 1. Upside Capture of a % of Stock Market Return 2. Downside Protection of Your Original Investment 3. Tax Deferral Benefits of Annuities The key questions are where and how much of your savings you should allocate to the FIA. To find out, order a complimentary Go2Income plan and optional FIA Report. [Order Your Plan]( ADVERTISEMENT [] Retirement Planning [] [Four Reasons to Buy When You Downsize for Retirement]( Buying your retirement home, rather than renting it, grants you stability, control, possible tax benefits and a very handy inflation hedge. CFP Evan T. Beach lists four reasons to buy instead of rent when you downsize. [Read More]( [You don't have to be famous to tell your story]( Have you ever thought about the impact your life could have on future generations of your family? Sharing your life story in your private memoirs captured in a beautiful set of handcrafted books is a wonderful way to leave a legacy that your loved ones will cherish. Call (844) 399-0426 today. [LEARN MORE]( ADVERTISEMENT [] RELATED KIPLINGER ARTICLES WE THINK YOU'LL ENJOY [] [Tax season is here: Big IRS tax changes to know before you file]( Tax deductions, tax credit amounts and some tax laws have changed since you filed your last federal income tax return. [Is an annuity right for you? Here's what you should know]( Contracts can be confusing, but the right annuity can be a good income strategy for the right person. [Five strategies for maximizing your business' profitability]( Setting your business up for long-term success requires focusing on customers, operations, marketing and more. For the latest ways to earn 5% to 7% cash yield safely and reliably, plus 4 Model Portfolios to show you exactly where to put your money, bank on [Kiplinger Investing for Income]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:alerts@kiplinger.com) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036