Trillium Perspectives

Summary Roth conversions have become one of the darlings of financial planning discussions. The underlying thesis is generally sound: pay taxes at a lower rate on tax-deferred assets today in exchange for tax-free growth and withdrawals in the future. But with their growing popularity has come a tendency to oversimplify the strategy. Roth conversions are…

Third Quarter Recap Despite a challenging backdrop of political and economic headlines, economic growth has remained resilient throughout the third quarter. There has been no shortage of concerns, including persistent inflation, the economic impact of the continued conflict in the Middle East, and heightened volatility in both short and long-term interest rates. Mix in the…

Summary For many small business owners, their business value represents most of their personal net worth and is their largest investment asset.1 More than that, it is their primary source of income, and a meaningful part of their identity. Most owners are intimately involved in their business – understanding growth drivers, challenges, and people needed…

2nd Quarter Recap There’s an old card players’ rule: the deck doesn’t remember who won the last hand. Markets needed that reminder in the 2nd quarter, and for a while, nobody wanted to hear it. The 2nd quarter marked a dramatic reversal from the geopolitical anxiety that opened the year.  Fueled by AI infrastructure spending,…

What is a ‘Trump’ Account? A Trump account is a new type of Traditional IRA for minors created by the OBBA (IRC Sec. 530A) to encourage long-term investing from a young age. The federal government and several philanthropists have pledged seed money for certain eligible beneficiaries as part of the pilot program for these accounts.…