Are you paying too much in taxes?

Jun 15, 2023 | Podcast

Search for:

Important Disclosures

This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Not affiliated with or endorsed by the Social Security Administration or any other government agency. Please contact a qualified tax advisor or estate planning attorney.

Securities offered through Cetera Advisor Networks LLC (doing insurance business in CA as CFGAN Insurance Agency LLC, CA insurance license # 0644976), member FINRA/SIPC. Advisory Services offered through Cetera Investment Advisers LLC, a registered investment adviser. Cetera is under separate ownership from any other named entity.

This site is published for residents of the United States only. Registered representatives of Cetera Advisor Networks LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every representative listed. For additional information, please contact the representative(s) listed on the site or visit the Cetera Advisor Networks site at www.ceteraadvisornetworks.com

Important Information and Form CRS

Business Continuity Plan

IMPORTANT CONSUMER INFORMATION

A broker-dealer, BD agent, or registered representative may only transact business in a state if first registered, or if it is excluded or exempt from state broker/dealer or registered representative registration requirements as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion.

Links are provided as a convenience and are for informational purposes only. These links are not a part of the Something Smart About Money website nor are they monitored by Something Smart About Money, Tim Clairmont, ClearFP IP, LLC, Clear Financial Partners, Inc. or any of its affiliates. These companies do not guarantee the accuracy or completeness of any data obtained, and accept no responsibility for the content, or the use, of the website. These companies assume no liability for any inaccuracies, errors or omissions in or from any data or other information provided on the pages, or for any actions taken in reliance on any such data or information.

Annuities

Fixed Annuities are long term insurance contacts and there is a surrender charge imposed generally during the first 5 to 10 years that you own the annuity contract. Withdrawals prior to age 59-1/2 may result in a 10% IRS tax penalty, in addition to any ordinary income tax. Any guarantees of the annuity are backed by the financial strength of the underlying insurance company.

Alternative Investments

Investing in alternative assets involves higher risks than traditional investments and is suitable only for sophisticated investors. Alternative investments are often sold by a prospectus that discloses all risks, fees, and expenses. They are not tax-efficient, and an investor should consult with his/her tax advisor prior to investing. Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. The value of the investment may fall as well as rise and investors may get back less than they invested.

Asset Allocation does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.

Exchange Traded Funds (ETF’s) are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.

*In explanation of comments regarding Tim Clairmont’s international recognition by industry leaders – Tim has been asked to speak and has received accolades for speaking to financial planning and insurance professional audiences in the Philippines, India, Africa, the UK, Australia, and China.

ClearFP® IP, LLC owns the federally registered trademarks ClearFP® and Clear Financial Partners® in the United States, Canada, and the U.K as well as derivative trademarks including but not limited to ClearFP® Mission™, ClearFP® Appreciation Events™, etc. Copyright ClearFP® IP, LLC. 2025

Congrats, you've been counted!

Keep Learning

Content Library

Are you paying too much in taxes?

Recent Posts

Important Disclosures

Keep Learning

Share with a Friend