Jake Paulson

Founder @Ace__Financial ~ Former Pitcher in the @Reds and @Cleguardians organization

[Collin Rugg @CollinRugg]

Singer Jelly Roll struggles to make it through his song after noticing a young fan who recently lost her mother.

The girl was seen crying in the stands while holding up a sign about her mom.

“What a strong young lady it takes to be here representing your mama like that.
And I'm not sure that I can say anything that can make it better…”

“I hope you know that it's okay to not be okay. But I promise you, it's going to be all right.”

“We're going to dedicate this to her…”

[Front Office Sports @FOS]

Texas Tech signed superstar Stanford transfer NiJaree Canady to an unprecedented $1M softball NIL deal.

The Red Raiders had never even won a conference title before this season.

Now they're playing for a national championship.

[Pete Nakos @PeteNakos]

Texas Tech softball pitcher NiJaree Canady will make at least $1.2 million in her Year 2 deal with the NIL collective The Matador Club, a source tells @on3.

Her 0.97 ERA this season leads the nation. She's also recorded 317 strikeouts.

https://t.co/8XlfrMnjxZ

[Jake Paulson @JakePaulson]

@NESN 🔥

[NESN @NESN]

Brennan Bernardino in May ⬇️

16 appearances (MLB lead)
12.2 IP
0.71 ERA 🔥
6 BB / 10 K

"My role is whenever they call my name, just try to go get the job done... I think there's value in that."

[Bleacher Report @BleacherReport]

THE YANKEES JUST HIT BACK-TO-BACK-TO-BACK HOMERS ON THREE STRAIGHT PITCHES IN THE FIRST INNING 😱

(via @MLB)

[Jake Paulson @JakePaulson]

Donating appreciated shares is a great tax strategy that lets you give more while saving more. Avoid capital gains tax, maximize your charitable impact, and enjoy a potential deduction #taxplanning

[Ace Financial @Ace__Financial]

🌟 Tax Strategy: Donating Appreciated Shares to Charity 🌟

Maximize your impact and tax benefits by donating appreciated shares to charity. Here’s why this strategy is a win-win for both you and the causes you care about:

Key Benefits:

1. Avoid Capital Gains Tax:

When you donate appreciated shares directly to a charity, you avoid paying capital gains tax on the appreciation. This means the charity receives the full value of the shares, not a reduced amount after taxes.

2. Receive a Charitable Deduction:

You can claim a charitable deduction for the full fair market value of the donated shares, as long as you’ve held them for more than one year. This reduces your taxable income, potentially lowering your tax bill.

3. Maximize Your Contribution:

By donating shares instead of cash, you can give more to the charity without additional out-of-pocket expenses. The charity benefits from the full value of the shares and can sell them tax-free.

How It Works:

1. Identify Appreciated Shares:

Choose shares that have increased in value and that you’ve held for over a year.

2. Donate Directly to Charity:

Contact the charity to ensure they can accept stock donations.
Transfer the shares directly to the charity, rather than selling them first.

3. Claim Your Deduction:

Keep records of your donation and claim the full fair market value as an itemized deduction on your tax return.

Example:

You Purchased Shares for $5,000:
Current Value: $10,000
Capital Gain: $5,000

If You Donate the Shares:
Avoid Capital Gains Tax on $5,000
Receive a Charitable Deduction of $10,000

💡 Pro Tip: Consult with a tax advisor to ensure you’re maximizing your benefits and complying with IRS rules.

Make a bigger impact with your donations and enjoy significant tax savings by donating appreciated shares to charity. It’s a smart strategy for you and a generous gift for those in need. 🌍💰

#TaxStrategy #CharitableGiving #Investing #FinancialPlanning #TaxBenefits #DonateShares

[Ace Financial @Ace__Financial]

🌟 Maximize Your Retirement with Strategic Roth Conversions

Are you looking to optimize your tax situation during retirement? One effective tactic is executing large Roth conversions during down market years. 📉 Here’s why it can be a game-changer:

🔍 Why Roth Conversions During Down Markets? When the market takes a dip, your investments are temporarily worth less. Converting traditional IRA funds to a Roth IRA in these periods means paying taxes on a lower account value, effectively reducing your tax bill!

📈 Key Benefits of Roth Conversions:

Tax-Free Growth: Assets in a Roth IRA grow tax-free, boosting your wealth accumulation.
No RMDs: Roth IRAs aren't subject to required minimum distributions, giving you control over your retirement withdrawals.
Tax-Free Withdrawals: Qualified distributions are tax-free, providing tax diversification later in life.

📆 Optimal Timing and Strategy:

Down Market Years: Convert during market downturns to minimize the tax impact.
Low-Income Years: Aim for conversions in years when your income is lower to stay within a favorable tax bracket.

👣 Steps to Implement:

Evaluate Market Conditions: Look for opportunities when market values are down.
Assess Current Tax Situation: Determine how much you can convert while maintaining a beneficial tax bracket.
Execute the Conversion: Transfer funds from your traditional IRA to a Roth IRA.

💼 Long-Term Planning: Strategically timed Roth conversions can have a profound impact on your retirement plan, offering potential tax savings and financial flexibility. Ensure this approach aligns with your broader retirement and financial goals by consulting with a financial advisor.

💬 Final Thoughts: Planning for Roth conversions during down markets is a savvy way to enhance your retirement strategy while minimizing taxes. Now is the time to review your portfolio and consider if this tactic could benefit you.

Are you optimizing your retirement savings with Roth conversions? Share your insights and experiences below! ⬇️

#TaxStrategy #RothConversion #RetirementPlanning #FinancialPlanning #InvestmentStrategy #WealthManagement

[Anthony Pompliano 🌪 @APompliano]

The US dollar has lost 25% of its purchasing power since January 2020.

Every $1 you had is now worth $0.75 of goods.

Insane.

[Jake Paulson @JakePaulson]

Welcome to the team Whitney!

[Ace Financial @Ace__Financial]

We are excited to announce our new hire at Ace Financial, Whitney Klimecki, Director of Client Services. Welcome to the team!

[Cincinnati Reds @Reds]

Captain Hook is officially back 🪝

@TejayAntone

[Front Office Sports @FOS]

Colorado signed Deion Sanders to a $29.5M deal — without even having the money to pay for it.

“We don’t have the money yet, but I know we'll have it."

Buffs fans donated a record $28M to the athletic department and sold out season tickets for the first time in 27 years.

Prime just beat last season's national title runner-up in his very first game.

[Balaji @balajis]

Fifteen years of progress.

[Jake Paulson @JakePaulson]

Probably more than 40%

[unusual_whales @unusual_whales]

Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management.

[unusual_whales @unusual_whales]

3 years ago, the average 30-year mortgage rate was 2.98%, per Charlie Bilello. The median existing home price in the US was $294,000 .

Currently, the 30-year mortgage rate is 6.78% and the median home price is $410,000.

[Gabrielle Starr @gfstarr1]

Brennan Bernardino will open for the Red Sox today. Technically, it will be the first start of his MLB career. He has a 2.49 ERA & 1.105 WHIP over 23 appearances this season.

Rangers starter Dane Dunning owns a 2.69 ERA and 1.10 WHIP across 18 games (10 starts) this year.

[Jake Paulson @JakePaulson]

Your legacy is about more than just transferring wealth. It’s about helping your heirs carry on what’s important to you. #legacyplanning #wealth #finance