Like the Roth IRA? Beware the 5-Year Rule
If you have money in your company’s 401k or in a traditional IRA, you may be considering converting these funds into a Roth IRA now while tax rates are historically low. The idea is that if you pay income tax on your retirement money now – especially when many account balances are significantly down – future gains in the Roth are tax free. But you need to understand the 5-year Rule.
Teaching Retirement
When it comes to spending down retirement assets, timing is everything. Your strategy will depend on where your assets are located, tax liability, and other considerations.
Infrastructure and The Roth IRA
The prospect of higher tax rates in the years to come can make the Roth IRA an attractive option for investors.
You’re Never Too Young to Use Money Wisely
The road to personal wealth requires the ability to see the benefit of long-term planning over instant gratification.
Navigating the Inherited IRA
Inheriting an IRA from a spouse or other family member can present tax challenges.
The CARES Act and Expiring Changes For 2020
Provisions to take up to $100,000 penalty-free from your retirement plans expire on December 31st
Roth IRAs For Teens
It’s never too early to plan for retirement, or to earn compound interest on investments. Even a teen working a summer job can open a Roth IRA.
It’s all a Numbers Game
How confident are you that you’ll reach the number you need for a comfortable retirement?
The Roth IRA Conversion: Is It the Right Move for You?
Roth IRA conversions seems to be appropriate for many investors right now. Make sure you understand the ramifications before going ahead.
How The 2020 Elections Could Impact You
With a 2025 deadline and shifting political landscape, it may be appropriate for some investors to convert traditional IRAs to Roth IRAs.
