Being a certified public accountant helps Rhonda Arnett in her work as a Primevest adviser at Columbia State Bank in Tacoma. It's especially helpful for the wealthy clients she now serves as a partner to private and commercial bankers.
For example, when a client wanted to withdraw enough money from her individual retirement account to pay off some low-interest loans, Arnett helped her save some money in taxes. "When we did her numbers, I realized that it would bump her into the highest tax bracket, so we called her CPA and suggested it might make more sense to break the withdrawal in two, one this year and one next year," Arnett said. "That way, she's in lower tax brackets."