David Rae

As leaders in Australia and New Zealand manage the risk of fuel shortages, there are lessons for CPOs elsewhere

If you are worried about taxes in retirement, you aren't alone. The Mega Backdoor Roth may help you reduce the risk of taxes ruining your retirement.

CPOs must lead a mindset shift to progress successful, sustainable strategies

Mr. David Rae reports: TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) (“DPM” or

The World Procurement Congress demonstrated how true leaders are moving forward with purpose

National Grid’s Simon Harnett shared how his team is playing a defining role in a £70bn infrastructure rollout

High-income retirees often face unexpected Medicare surcharges, known as IRMAA, on their Part B and D premiums. This Income-Related Monthly Adjustment Amount is based on Modified Adjusted Gross Income from two years prior, catching many off guard who don't link tax and Medicare planning. Significant income events, like stock sales or Roth conversions, can trigger these higher costs, even if current income is lower. IRMAA isn't a one-time penalty but a monthly addition that accumulates substantially over retirement. Proactive financial planning is crucial to mitigate these avoidable expenses. Strategies include filing Form SSA-44 for life changes or utilizing tax-efficient tools like 401(k)s and Roth conversions. Integrated financial advice helps coordinate income and investment decisions to preserve wealth and avoid unnecessary Medicare costs.

High-income LGBTQ+ married couples, especially in California, face substantial tax penalties, with combined rates often exceeding 50%. Proactive 2026 tax planning is crucial to navigate these complexities. Strategies include integrated financial planning as a couple, not individuals, and reviewing past returns for missed opportunities. Maximizing retirement contributions, like 401(k)s and Solo 401(k)s, and leveraging the Mega Backdoor Roth IRA, can shelter significant income. Strategic use of the expanded 2026 SALT deduction, optimizing investments to reduce NIIT and Medicare taxes, and smart charitable giving through Donor-Advised Funds are also key. Other tactics involve adjusting withholding, understanding standard versus itemized deductions, and for business owners, hiring a spouse or utilizing California's PTET. The article stresses that early, specialized planning is vital to avoid overpaying the IRS.

While AI remains top of mind, leaders should not overlook the value that people continue to deliver

A whitepaper from Clariant illustrates how supplier innovation can provide a 'fast track to mutual growth'