Answering reader questions with WCI friend and Roth IRA expert, Chris Davin, where we talk about when to choose Roth and why, Roth and tax-planning considerations, and using Roth as an independent contractor.
Here's everything you need to know about Mega Backdoor Roth conversions and whether they're the right move for you in the long run.
Answering reader questions about the difference between Roth and traditional IRAs, the process of opening Roth IRAs for your kids, and what to do if you over-contribute to your 401(k).
Answering reader questions about rolling a 401(k) into an IRA after changing jobs, how to do a 403(b) rollover, and how to pass non-discrimination testing for your 401(k) as a business owner.
Answering reader questions about Roth IRAs and the pro-rata rule; self-directing your solo 401(k), 457(f)s, and 457(b)s; and when to do Roth conversions.
The Roth or traditional 401(k) decision can be complicated for high-income professionals. Consider these factors to best protect your income.
You shouldn't chase performance when you're investing. Here are options that will help you avoid a potentially costly mistake.
Today we answer a few questions about estate planning, what a Grantor Retained Annuity Trust is, contribution limits when you have multiple 401(k)s, what to do if you are gifted a property that is not going to get a step up in basis and you need to prepare for the potential tax bomb, and how long it should take to save up a 4-6 month emergency fund.
Answering reader questions about the Mega Backdoor Roth, Roth conversions, solo 401(k)s, individual IRAs, and what to do with an inherited IRA. We also talk about whether the Robinhood 3% match is worth the switch.
Follow these steps to make it easy to design, implement, and maintain a portfolio across your various investing accounts.
Roth conversions aren't complicated. The decision about whether to do one and how much to convert absolutely can be. Here is a guide to help.
Answering reader questions about 401(ks) and if you should have more than one, what to do with a crummy retirement account, and if you should be worried that your 403(b) is referred to as an annuity.
While 403(b)s and 401(k)s have similar attributes, there are some subtle differences between the retirement accounts. Let's explore them.
Answering listener questions about quarterly estimated payments and the safe harbor rule, tax-loss harvesting and not letting the tax tail wag the investment dog, and what to do when you do not couples match into residency.
Answering reader questions about retirement accounts, including what to do with an inherited IRA, 401(k) employer matching, and the recent change with Vanguard getting out of the solo 401(k) game.