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William Reichenstein

author Image William Reichenstein, CFA, holds the Pat and Thomas R. Powers Chair in Investment Management at Baylor University and is head of research at Social Security Solutions, Inc .

Articles by this Author

Areas of Expertise: Social Security education and strategies, taxes

Website: SocialSecuritySolutions.com

Books:Social Security Strategies: How to Optimize Retirement Benefits” and “In the Presence of Taxes: Application of After-tax Asset Valuations

Email: bill_reichenstein@baylor.edu

William Reichenstein’s research is the foundation of the leading Social Security claiming strategy software for practitioners, SSanalyzer.com. Reichenstein is known as one of the leading authorities in Social Security education and strategies, and has published his prolific work in top academic journals. He is well known for his research that focuses on the interaction between investments and taxes, and advocates calculating an individual's aftertax asset allocation that is based on aftertax balances in each savings vehicle. He is the author of “In the Presence of Taxes: Applications of After-Tax Asset Valuations” (FPA Press, 2008), and coauthored “Integrating Investments & the Tax Code” (John Wiley & Sons, 2003) with William Jennings. He is an associate editor of the Journal of Investing and served two three-year terms as associate editor of the Financial Services Review. He is a TIAA-CREF Institute fellow, past president of the Southwestern Finance Association, and served on the Private Wealth Advisory Committee of the Institute of Chartered Financial Analysts. Additionally, he has written more than 150 articles for professional and academic journals. He is a frequent contributor to the Journal of Financial Planning, Journal of Investing, Financial Analysts Journal, Journal of Portfolio Management and Journal of Wealth Management. His book “Social Security Strategies: How to Optimize Retirement Benefits,” co-written with William Meyer, has sold over 10,000 copies.

Articles by this Author

  1. Financial Planning »

    The Tax Advantages of Qualified Charitable Distributions From IRAs

    Making charitable donations directly from an IRA can both reduce taxes and keep future Medicare premiums lower.

    October 2016 | Journal

  2. Financial Planning »

    Social Security Strategies for Couples

    By understanding the complexities and making smart claiming decisions, couples can add more to their lifetime benefits than singles can.

    December 2013 | Journal

  3. Financial Planning »

    Social Security Strategies for Singles

    The optimal age for a single individual claiming benefits depends on life expectancy and the need to extend a retirement portfolio’s longevity.

    November 2013 | Journal

  4. Financial Planning »

    Social Security Basics

    In this first article of a new three-part series, the impact of a worker’s retirement age on Social Security benefits is explained.

    October 2013 | Journal

  5. Portfolio Strategies »

    New Rules for Converting to a Roth IRA

    The income restrictions have been lifted, but does converting to a Roth IRA make sense for you? Plus, find out why a recharacterization can give you even more flexibility for managing your tax exposure.

    January 2010 | Journal

  6. Bear Market Grads: What You Should Learn From the Financial Crisis image

    Features »

    Bear Market Grads: What You Should Learn From the Financial Crisis

    Stock indexes remain substantially below their peaks, banks are in lousy shape, and governments around the world are running huge deficits. The market has been a brutal teacher, but there are important lessons to be learned from the crisis--and positive steps investors can take going forward.

    July 2009 | Journal

  7. Stocks for the Long Term: Why Prospects Are Rosy image

    Features »

    Stocks for the Long Term: Why Prospects Are Rosy

    You already know the bad news concerning stocks. The good news is that based on today's depressed prices, long-term stock prospects appear above average. A look at some of the evidence that supports a rosy multi-year stock outlook, and a framework for applying these forecasts.

    January 2009 | Journal

  8. Portfolio Strategies »

    Financial Professional Terms: What They Mean and Why You Should Care

    Broker, financial planner, investment advisor and wealth manager are just a few of the common terms used to describe various financial professionals. Many individuals do not have a clear understanding of what distinguishes one from another. A look at the terms and differences in duties owed to clients.

    November 2008 | Journal

  9. Features »

    Will Your Savings Last? What the Withdrawal Rate Studies Show

    Determining a "safe" withdrawal rate for retirement savings is a tricky balancing act for retirees. If it is too large, they may run through assets too quickly, but if it is too little, their lifestyle will be below where it could be. Many studies have attempted to determine the "maximum" safe rate. Lessons from what the studies have found.

    July 2008 | Journal

  10. Portfolio Strategies »

    Clueless: What Graduates Need to Know About Making Financial Decisions

    Bad decision-making in an individual's early years can have a detrimental effect on their well-being throughout their working lives. A primer aimed at the younger generation on how to avoid early-year financial mistakes.

    January 2008 | Journal

  11. Portfolio Strategies »

    Investment Products: If It Has to Be Sold, Don't Buy It!

    Financial firms can add, at best, only a small value by buying and combining securities into a portfolio. Many investors haven't thought about this, but it explains why investments and products with commissions should be avoided.

    November 2007 | Journal

  12. Portfolio Strategies »

    Explaining the Value Tilt and Its Implications for Investors

    Over the long run, returns on value stocks have exceeded returns on growth stocks. The raging debate in the financial community is: Why? And can investors actually profit from this value tilt? A look at the competing explanations and their implications for investors.

    July 2007 | Journal

  13. Portfolio Strategies »

    Choosing the Right Mix: Lessons From Life Cycle Funds

    Life cycle funds represent a fund family’s professional thinking about prudent asset allocations through a typical individual’s life cycle. What you can learn from four life cycle fund families.

    January 2007 | Journal

  14. Features »

    Withdrawal Strategies to Make Your Nest Egg Last Longer

    Individuals who are withdrawing assets in their golden years face a relatively complex issue: Which accounts should they withdraw from first, taxable or tax-deferred? A look at alternative withdrawal strategies, and how they affect a portfolio's longevity.

    November 2006 | Journal

  15. Features »

    Recommended Reading: Four Books That Cover It All

    Where can you get sound financial advice and avoid the costs of attaining it? Reading the right books is an obvious choice. A recommended list of easily readable books.

    July 2006 | Journal