Answering reader questions about paying taxes on your rollover IRA contributions to a Roth, Mega Backdoor Roths, 529s, and the advantages and disadvantages of saving for your kids with a UTMA or parental brokerage account.
Sometimes, you think you can contribute directly to your Roth IRA without having to go through the Backdoor process. Sometimes, you're wrong.
We thoroughly debunk a clickbaity article about why having a Roth IRA is supposedly a bad idea while also answering reader questions about buying houses now that interest rates are going up and how much you need to donate to justify a DAF.
It took me a while before I was comfortable doing my Backdoor Roth IRA. Here's how I overcame my confusion and now use it to my advantage.
Thanks to the Secure Act 2.0, there are now even more ways to use Roth accounts for your retirement. Here's what you need to know.
If you have an account with Schwab and you want to begin doing Backdoor Roth IRA contributions, here's exactly how to get started.
Roth conversions are a great way to limit how much you or your heirs have to pay in future taxes. But they're not always the right move.
It's easy to make a mistake on your Roth IRA contributions in the year you start earning a big salary. Here's how to avoid this miscue.
Our first Roth IRA contributions took place in 2004, and we put in the maximum $3,000 apiece. Now, we're over seven figures. Here's how.
Answering reader questions about retirement accounts and what to do about the Backdoor Roth IRA. Also, an interview with WCICON22 speaker Dr. Altelisha Taylor.
Ready to complete your Backdoor Roth IRA with Fidelity? Check out this tutorial which will walk you through it step by step.
Ready to complete your Backdoor Roth IRA with Vanguard? Check out this tutorial which will walk you through it step by step.
After completing your Backdoor Roth IRA follow these steps to report both the contribution and the conversion in the TurboTax software.
There is plenty of confusion about spousal IRAs and how to use them. Let's go through them step by step and see if they make sense for you.
Answering listener questions about retirement, with topics surrounding Roth IRAs, risky bond options, and what to do about high inflation.