Asset Management Financial Planning Retirement Planning Roth IRA Secure Act Traditional IRA Updated for 2020

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 of the decision, but there are other issues at play. Converting a traditional IRA to a Roth doesn't make sense unless you have cash to…

Kristin McKennaMay 27, 2020

401(k) Plans Brokerage Account Cash Management Early Retirement Infographics Investing Roth IRA Secure Act Traditional IRA Updated for 2020

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 of your retirement plan, most individuals have three options: a brokerage account, Traditional IRA, or Roth IRA. Looking for ways to invest after maxing out…

Kristin McKennaOctober 8, 2019

Cash Management Financial Planning Infographics Investing Retirement Planning Secure Act Tax planning Traditional IRA Updated for 2020

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 a traditional IRA due to IRS limits, yet their earnings level may allow the capacity to save more after maxing out a 401(k). Although any…

Kristin McKennaJuly 23, 2019

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Tax-Efficient Funds Don’t Belong in Your IRA

This article was originally published by Darrow advisor Kristin McKenna, CFP® by Forbes. (more…)

Kristin McKennaJune 3, 2019

Asset Management Infographics Inheritance Secure Act SEP IRA Traditional IRA Updated for 2020

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 for the account you have just inherited. In general, you will have three choices for the IRA you have inherited. As you review your options,…

Kristin McKennaApril 13, 2018