How a Taxable Brokerage Account Can Be as Good or Better Than a Roth IRA
A taxable account can be more of a not-so-taxable account. In fact, with the right conditions, it can be almost as good and possibly better than a Roth IRA.
A taxable account can be more of a not-so-taxable account. In fact, with the right conditions, it can be almost as good and possibly better than a Roth IRA.
This Backdoor Roth IRA tutorial takes you step-by-step through the contribution process including Form 8606, tax implications, common mistakes, and lots more.
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.
For months, people have been talking about the new option of rolling over an overfunded 529 into a Roth IRA. But is it worth doing?
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).
Answering reader questions about how 401(k) and IRA limits are totally separate, making Roth vs. traditional contributions, and what to do with retirement accounts when transitioning from residency.
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.
Answering reader questions about the tax implications of UTMA accounts, whether one doc should buy a pension or contribute to a 401(a), and whether you can put lawsuit winnings into a SEP-IRA.
An interview with James Lange, who discusses his experience of having a daughter diagnosed with a disability and going through the process of making sure she has the finances in place after he and his wife are gone.
Answering even more reader questions about Roth accounts, including queries about SEP-IRA conversions, Roth IRA contributions, how taxes affect Roth conversions, and more.
Answering questions about 529s, the Secure Act 2.0, which funds to choose for your kid's Roth IRA, the best way to hire your children, and how much to spend on an engagement ring.