Should You Raid a Roth IRA To Pay Off Your Loans? – Podcast #142
You only get so much Roth space in your life so tapping into it to pay off debt is a bad idea. Discussing this and lots more on today's episode.
You only get so much Roth space in your life so tapping into it to pay off debt is a bad idea. Discussing this and lots more on today's episode.
Understand the unique challenges and opportunities available to the self-employed like QBI, solo 401k, disability, HSAs, mega backdoor Roths, etc.
Do you know the difference between a 401k and a 457b? Here's PoF's primer to quickly help you understand and prioritize the various investing accounts.
The Federal Thrift Savings Plan is a great 401(k), but not without a few quirks you should be aware of. If you work for the military or federal government, you need to know the ins and outs of this plan.
If the SECURE Act changes your financial plan in a significant way, you're in the minority. Here's an analysis of the changes and what they mean for your retirement.
Are you enough of a super saver that you should be making Roth contributions and conversions in your peak earning years? Today we tackle the question.
Get a handle on asset location. Here are six high-yield principles that teach how to choose the right investments for the best account.
Find out if you can take advantage of contributing after-tax dollars in your 401k via the mega backdoor Roth IRA. Also talking using margin in a portfolio, the index fund "bubble" and more.
There are 6 easy steps to successfully contributing to the backdoor Roth IRA but lots of mistakes are still made in the process. Here's how to fix them.
Dave Ramsey says raiding retirement accounts to pay off debt is dumb because it's like borrowing at 34%. Well, yes and no.
What is your goal for leaving money to heirs? A Roth IRA is a great way to pass wealth to your heirs because of the ability to turn it into a Stretch IRA.
Those who suggest doctors in their peak earnings years should make Roth 401(k) contributions, do Roth conversions, or worse, avoid tax-deferred accounts altogether are either ignorant or selling something.
Take advantage of the window of opportunity between accumulation and distribution in retirement. Use partial Roth conversions and keep more of your money.
Qualify for the new pass-thru business (199A) deduction? You may have a new reason to use the Mega Backdoor Roth IRA for big tax protection.
Whether or not to use your 457 plan is a complicated question. TPP digs deep into governmental vs non-governmental 457s to help you make the best decision.
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