Farmland, Oil and Gas, Solo 401(k)s, and Asset Protection Questions
I found a very full email box on a recent Monday morning. Many of them seemed applicable to others, so I turned them into a potpourri post.
I found a very full email box on a recent Monday morning. Many of them seemed applicable to others, so I turned them into a potpourri post.
Answering reader questions about high-yield savings accounts, whether you should start a 529 if you are going to be an older parent when your kid goes to college, and if you should raid your taxable account to pay cash for a new house and avoid a high interest rate.
Discussing all things Roth, including conversations about Roth IRAs, the Backdoor Roth, the Mega Backdoor Roth, Roth conversions, and what all of that means. We start with a 101-level discussion before moving to a 201-level discussion and then diving into graduate-level tips and tricks.
Paying off a 20% credit card or borrowing at 1% and investing at 8% is a no-brainer. But what about a student loan vs. investing in a 401(k)?
Are solo 401(k)s better than SEP-IRAs for an independent contractor? Here are the pros and cons of both plans for your small business.
Some people misunderstand the tax implications of a 401(k) and believe maxing them out will cost them money. Here's why that's bunk.
Answering reader questions about the penalties of over-funding a Roth IRA and if they're worth it to pay for better growth, if it makes sense to do Roth contributions in your peak earnings years if you plan to retire early, and how much asset protection you get in a solo 401(k).
Your retirement plan may have excessive fees, and whoever administers that plan may have even been sued for it—and you may not even be aware.
You might endure painful penalties for not filing the correct solo 401(k) form at the right time. But help is out there. How's where to look.
One day, you might find yourself in a place where your emergency fund isn't enough to cover your needs. Here are some options for what to do.
Answering reader questions about retirement accounts and what to do about the Backdoor Roth IRA. Also, an interview with WCICON22 speaker Dr. Altelisha Taylor.
Answering listener questions about retirement, with topics surrounding Roth IRAs, risky bond options, and what to do about high inflation.
Today we discuss financial priorities for residents. Also answering questions on the mega backdoor Roth IRA, DFA ETFs vs. Vanguard ETFs, getting rid of your whole life insurance policy, Form 8606, and cash balance plans.
Should you buy gold bullion? What about funding your retirement by selling franchises you own? These and lots more questions on today's episode.
The self-employed have plenty of options for retirement savings: an i401(k), SEP IRA, HSA, Defined Benefit/Cash Balance plans, etc. Which is best for you?