Disclosures: Beacon Capital Management, LLC “(Beacon Capital”), is an independent financial services firm helping our clients to create retirement strategies using a variety of investments and insurance products to custom suit their needs and objectives. Advisory services are offered for a fee by Beacon Capital, a registered investment advisor with the Securities and Exchange Commission (“SEC“).  SEC registration does not imply a certain level of skill or training.  Investing involves risk.  Past performance is not a guarantee or indicative of future returns.  The value of your investment(s) will fluctuate, and you may gain or lose money.  Beacon Capital is not affiliated with Beacon Accounting and Tax, or Knight Legal. Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.  None of the information contained on this website shall constitute an offer to sell or solicit any offer to buy a security or any insurance product. Commentary & Third-Party Disclosures Beacon Capital’s article on this Site is for informational purposes only and does not constitute a recommendation to buy or sell securities. You should not rely on this information as the primary basis of your investment, financial, or tax planning decisions. You should consult your legal or tax professional regarding your specific situation.  Certain sections of this commentary may contain forward-looking statements that are based on our reasonable expectations, estimates, projections, and assumptions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. This article may contain links to other third-party websites, including links to the websites of companies and/or governmental agencies that provide related information, products, and services. These external links are provided solely for convenience, and the inclusion of such links does not necessarily imply an affiliation, sponsorship, or endorsement of those links. Beacon Capital does not endorse, approve, certify, or control these external Internet addresses and cannot guarantee or assume responsibility for the accuracy, completeness, efficacy, timeliness, or correct sequencing of information located at such addresses. Third-party data is obtained from sources believed to be reliable but Beacon Capital cannot guarantee the accuracy, timeliness, completeness, or fitness of any third-party data. Tax Disclosures Beacon Capital does not represent in any manner that the tax consequences described herein will be achieved or that Beacon Capital’s activities in managing a client’s investments will result in any particular tax consequence. The tax consequences that Beacon Capital may pursue are complex and uncertain and may be challenged by the Internal Revenue Services (“IRS”). The information with regard to this activity was not prepared to be used, and it cannot be used, by any Client to avoid penalties or interest. Clients should confer with their personal tax advisors regarding the tax consequences of investing with Beacon Capital, based on their particular circumstances. Clients and their personal tax advisors are responsible for how the transactions conducted in an account are reported to the IRS or any other taxing authority on the Client’s personal tax returns.  Beacon Capital assumes no responsibility for the tax consequences to any Client of any transaction. We are not tax professionals. Clients should consult qualified legal or tax professionals, such as tax attorneys or CPAs, regarding their specific situation. Trademarks Beacon Capital, the Beacon Capital logo, and other marks are registered trademarks and service marks of Beacon Capital. Other third-party marks displayed are trademarks of their respective owners, and the use of such trademarks does not imply an association with those third parties or an endorsement of any third-party goods or services.