Christina Empedocles

Personal Finance, Retirement, Investing
“Christina Empedocles' mission is to understand the most pressing financial issues of hardworking, creative people, and construct elegant and practical solutions to help them use their limited resources as efficiently as possible.”

Insight Personal Finance

Job Title:

Founder / Principal Planner


Christina Empedocles is a lifelong Artist, Design, Illustrator, and CERTIFIED FINANCIAL PLANNER™. Her mission is to understand the most pressing financial issues of hardworking, creative people. Over the last 10 years she's talked to hundreds of artists and creative entrepreneurs about their money, and learned the nuances of what can be a counter-intuitive business. With this insider perspective, she's developed specific tools to build financial stability while supporting wild aspirations.

Christina has a BA from Oberlin College, an MFA from California College of the Arts, and an Executive Certificate In Financial Planning from San Francisco State University. She loves learning, and has found that her varied background and interests have given her a rich understanding of people, business, and real life. Her unending curiosity has become one of her sharpest tools as a financial planner.

For years Christina has focused on the specific needs of working artists and creative entrepreneurs, helping them to deal with the thorny issue of a fluctuating income. People think artists are bad with money — it's not true. After having hundreds of conversations with artists about their money, she thinks the exact opposite is true. Artists are masters at doing so much with so little. But not knowing how much money you're going to make from month to month, year to year would be challenging for anyone. And if you don't know how much money you're going to make — it's really hard to save. Christina has made it her mission to come up with strategies to cut through that mystery and help creative people build assets despite the uncertainty inherent in their work.


BA, Geology, Art, Oberlin College
MFA, California College of the Arts

CRD Number:


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3 weeks ago
    Choosing an Advisor, Investing

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    Estate Planning, IRAs, Retirement Plans
What rules should I be aware of when inheriting a previously inherited Traditional IRA?
100% of people found this answer helpful

As the beneficiary of the account you are free to take withdrawals in any amount right away, and could distribute the entire amount if you wanted to. The IRS would be glad to tax all the remaining tax-deferred growth, and since the account has already done it's job of seeing your aunt through her lifetime, the age constraints for withdrawal are no longer an issue. What's more important is that you're aware that there could be an opportunity for you to leave funds in the account to continue to grow tax free.

If your aunt set her account up as a Stretch IRA, naming your mother as primary beneficiary and you as the contingent beneficiary, or if you were designated as your mom's successor beneficiary, it's possible you could limit your withdrawals to the Required Minimum Distributions (RMD) based on your mother's life expectancy. If she predeceased the IRS's RMD schedule set for her, you could still have time to defer the account's gains and withdraw funds gradually — allowing you to pay the tax gradually as well.

Because a Traditional IRA is a pre-tax account, the IRS is eager to finally have tax paid on the original deposits and gains. As the second beneficiary of the account, the clock is ticking faster on those funds to be distributed and ultimately taxed. Once you do make withdrawals they will be subject to regular income tax. If any non-deductibe contributions were made to the account by your aunt, then each distribution would be partially taxed and partially tax-free, mirroring the overall corresponding proportionality of the account.

2 weeks ago
    Financial Planning, Asset Allocation, IRAs
How can I recover from losses in my IRA?
100% of people found this answer helpful
3 weeks ago