In The Media

Rob Burnette of Outlook Financial Center discusses what federal employees should consider when it comes to President Trump's buyout offer.

Rob Burnette of Outlook Financial Center discusses what viewers should consider during Identity Theft Awareness Week.

Rob Burnette, the CEO of Outlook Financial Planning in Troy said that this time of year is when they’re busiest. “We usually forgo sleep. That’s the standard joke in our industry,” Burnette said.

However, timing matters. Rob Burnette, investment advisor representative at Outlook Financial Center, points out that selling gold stocks within a year means your profits get taxed as ordinary income instead of at the lower long-term capital gains rates.

"Those are the big items that factor into your itemized deductions, and if you've got enough to benefit, then by all means take it," said Rob Burnette, investment advisor and professional tax preparer at Outlook Financial Center.

Having private investments in 401(k)s and other defined-contribution plans would require greater education for plan participants and put a greater burden on plan sponsors to provide such training, said Rob Burnette, financial adviser and CEO of Outlook Financial Center.