The Backdoor Roth IRA When Life Is in Flux (and Why to Beware a Contribution in January)
Sometimes, you think you can contribute directly to your Roth IRA without having to go through the Backdoor process. Sometimes, you're wrong.
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.
When Congress changed the inherited IRA rules, it got awfully confusing when and if you needed to take RMDs. Let's set the record straight.
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).
Is opening a Roth IRA for your children a smart move? Here's what you need to know about starting a retirement account for your kids.
Learn how 529 to Roth IRA rollovers work and understand the restrictions to ensure that your rollover isn’t subject to taxes and penalties.
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.
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.
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.
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.
An explainer on the best way to reduce taxes on your investments. Also, answering listener questions about what to do with a massive inheritance and about tax-gain harvesting.
Answering listener questions about retirement, with topics surrounding Roth IRAs, risky bond options, and what to do about high inflation.
Interview with retirement plan distribution expert, James Lange. Discussing Roth conversions, choosing which accounts to spend first in retirement, annuities, the new stretch IRA, charitable remainder trusts, and lots more.
How should you manage inherited retirement accounts? Also questions about inflation, refinancing student loans before Oct.1, SEP IRA's to backdoor Roths, choosing a specialty, and more.