Is Retirement a Good Time for Roth Conversions?
If you think retirement planning moves stop at retirement, think again. For high earners, converting an IRA to a Roth IRA while you’re still working
Category: Traditional IRA
The Best Way to Take Required Minimum Distributions (RMDs)
Updated for 2023. Planning can help optimize annual required minimum distributions depending on your goals and cash flow needs. After the passing of Secure Act
Avoid the Double Tax Trap When Making Non-Deductible IRA Contributions
Updated for 2024. Anyone with earned income can make a non-deductible (after tax) contribution to an IRA and benefit from tax-deferred growth. But it may
Converting a Traditional IRA to a Roth Before or During Retirement
It doesn’t always make sense to convert a traditional IRA to a Roth IRA. Your current and projected tax rate is often a main component
I Maxed Out My 401(k), Now What? What to Do After Maxing Out Your 401(k)
Ways to Invest After Maxing Out a 401(k) Wondering what to do after maxing out your 401(k)? If you’re looking for ways to save outside
Non-Deductible IRA Contributions Aren’t Worth It – Here’s Why
5 reasons you shouldn’t make nondeductible contributions to an IRA Are non-deductible IRA contributions worth it? Most high-income individuals are unable to make tax-deductible contributions to
Options After Inheriting an IRA from Your Spouse
If your spouse has named you as a beneficiary on their traditional IRA, SEP IRA, or SIMPLE IRA, you will need to understand your options