StampNotes

Blog, Commentary, And News

Learn the One Big Caveat About the Backdoor Roth: the Pro-Rata Rule

By Cary Stamp \ May 20, 2022
Backdoor-roth-pro-rata-rule

Here’s the big question to ask yourself before starting a “backdoor” Roth IRA strategy. Do you already have other IRAs? In this video, Forbes Best-In-State wealth manager Cary Stamp, CFP® explains how the Backdoor Roth Pro-Rata Rule impacts the tax efficiency of the backdoor Roth IRA, and provides the potential solution! TRANSCRIPT: I’m Certified Financial…

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A No-No for High Earners: Overlooking the Optimal Timing for Claiming Social Security

By Josh Weller \ May 3, 2022
Optimal Social Security Claiming

The maximum monthly Social Security benefits for 2022, and why the timing of claiming benefits is important for everyone. As high earners approach retirement, too many overlook the importance of claiming social security benefits at the optimal time. A number of personal reasons or assumptions are to blame for the blasé attitude. The most common…

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The Fatal Flaw in Investor Psychology During Market Corrections

By Cary Stamp \ May 1, 2022
Investor-Psychology-During-Corrections

We’ve all heard the old stock market adage “Buy Low, Sell High.” But it’s easier said than done. Investor psychology during corrections can play tricks with the mind and this leads many people to sell low and buy high. In this video, Cary Stamp, CFP®, a Forbes Best-In-State Financial Advisor, explains the nature of investor…

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