How to turn stock losses into tax savings, and other ways to trim your tax bill

During a volatile market, it is important to understand the tax advantages available to you. This article explains expert’s top strategies in trimming your 2022 tax liability.

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Tax Strategies for Retirement (GRA BLOG)

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Source Article: https://www.yahoo.com/video/turn-stock-losses-tax-savings-142741140.html

 

Investing involves risk, including the potential loss of principal. Any references to protection benefits, safety, security, and lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions. Our firm is not affiliated with the U.S. government or any governmental agency. This material is intended to provide general information and is believed to be reliable, but accuracy and completeness cannot be guaranteed. Investment advisory services made available through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 1511694 – 10/22