Roth IRAs
Why Are Roth Conversions So Trendy Right Now? The Case FOR and AGAINST Them
Why Are Roth Conversions So Trendy Right Now? The Case FOR and AGAINST Them
Have you been tempted to join the wave of folks jumping on the Roth IRA conversion bandwagon? First, check out the pros and cons to see if it makes se…
October 23, 2020
Tax Extension Deadline: File Your 2019 Return by October 15 to Avoid Penalties
Tax Extension Deadline: File Your 2019 Return by October 15 to Avoid Penalties
If you chose to extend your tax return's due date, the tax extension deadline is October 15!
October 15, 2020
Roth IRA Contribution Limits for 2020
Roth IRA Contribution Limits for 2020
The Roth IRA contribution limit remains the same for 2020 as it was for 2019. Retirement savers 50 and older can contribute an extra amount. Income li…
October 1, 2020
How To Buy a Roth IRA When You Make Too Much To Qualify For One
How To Buy a Roth IRA When You Make Too Much To Qualify For One
With their tax-free growth and tax-free withdrawals, Roth IRAs are a great deal — if you qualify. If you don’t, well, there’s still a way to get into …
September 23, 2020
Deadline for Returning RMDs to Retirement Accounts is Approaching Fast
Deadline for Returning RMDs to Retirement Accounts is Approaching Fast
Retirees who took a required minimum distribution earlier this year need to act quickly if they want to avoid taxes on the money they withdrew.
August 24, 2020
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COVID-19 Adds Even More Incentive to Future-Proof Your Retirement with a Roth
COVID-19 Adds Even More Incentive to Future-Proof Your Retirement with a Roth
Considering the stimulus spending going on, tax rates this low aren’t likely to last, so take advantage now.
August 16, 2020
6 Money-Smart Ways to Spend Your Stimulus Check
6 Money-Smart Ways to Spend Your Stimulus Check
If you don't have to use your stimulus check for basic necessities, consider putting the money to work for you. You'll thank yourself later.
July 30, 2020
Hidden Costs of Roth IRA Conversions
Hidden Costs of Roth IRA Conversions
Yes, Roth IRAs are pretty great, but they can come with some potentially costly complications.
July 29, 2020
Nearing Retirement? Take Another Look at Roth Conversions
Nearing Retirement? Take Another Look at Roth Conversions
Due to lower tax rates and the recently passed SECURE Act, those nearing retirement should consider a Roth conversion.
July 23, 2020
8 Money-Smart Ways to Spend Your Tax Refund
8 Money-Smart Ways to Spend Your Tax Refund
Since this year's tax deadline was pushed back to July 15, many people just recently filed their tax return. That means there are a lot of tax refunds…
July 17, 2020
12 Tax Deadlines for July 15 (It's Not Just the Due Date for Your Tax Return)
12 Tax Deadlines for July 15 (It's Not Just the Due Date for Your Tax Return)
Between due dates for paying estimated taxes, IRA or HSA contributions, and other deadlines, there's more to do by July 15 than just filing your feder…
July 14, 2020
Saver's Credit: A Retirement Tax Break for the Middle Class
Saver's Credit: A Retirement Tax Break for the Middle Class
Your retirement contributions could be the key to a lower tax bill.
July 9, 2020
Stars Align for Some Special Wealth Planning Opportunities
Stars Align for Some Special Wealth Planning Opportunities
A confluence of special tax, interest rate and market circumstances makes this a great time to execute income and wealth planning strategies that can …
June 26, 2020
Tax Changes and Key Amounts for the 2020 Tax Year
Tax Changes and Key Amounts for the 2020 Tax Year
Americans are facing a long list of tax changes for the 2020 tax year...and it's never too early to start thinking about next year's return.
June 22, 2020
12 Ways to Get Your Retirement Plan Back on Track
12 Ways to Get Your Retirement Plan Back on Track
If your financial situation hits a rough spot, there are a number of things you can do to get your retirement plan moving in the right direction again…
June 19, 2020
Why 2020 Is an 'Unprecedented Opportunity' for a Roth IRA Conversion
Why 2020 Is an 'Unprecedented Opportunity' for a Roth IRA Conversion
Tax advisors say you can reduce your tax bill by 30% to 40% in this unprecedented time.
June 17, 2020
Retirees Get a Break on IRA Distributions
Retirees Get a Break on IRA Distributions
The IRS is expected to come out with additional guidance, but here’s what we know so far.
June 4, 2020
10 Best Financial Benefits for Military Families
10 Best Financial Benefits for Military Families
Members of the military have a lot of special financial challenges that most people don’t encounter.
May 22, 2020
Roth IRA Conversions are on Sale
Roth IRA Conversions are on Sale
Many retirement savers can get an extra-good deal on Roth conversions right now. Here's why.
May 12, 2020
10 Things Social Security Recipients Need to Know About Their Stimulus Check
10 Things Social Security Recipients Need to Know About Their Stimulus Check
It's especially difficult for Social Security recipients to learn the ins and outs of stimulus checks, since there are several special rules that only…
May 9, 2020
9 Ways to Raise Cash Quickly
9 Ways to Raise Cash Quickly
The $2 trillion coronavirus stimulus package is providing a $1,200 check for millions of Americans.
May 6, 2020
10 Questions Retirees Often Get Wrong About Taxes in Retirement
10 Questions Retirees Often Get Wrong About Taxes in Retirement
You worked hard to build your retirement nest egg. But do you know how to minimize taxes on your savings?
May 1, 2020
3 Retirement Wealth Protection Tactics
3 Retirement Wealth Protection Tactics
Don't let taxes derail your retirement and estate planning strategies. Consider these strategies, involving maximizing Roth IRA possibilities and heal…
April 28, 2020
5 Ways This Recession Hits Retirees Particularly Hard
5 Ways This Recession Hits Retirees Particularly Hard
April 15, 2020
6 Money-Smart Ways to Spend Your Stimulus Check
6 Money-Smart Ways to Spend Your Stimulus Check
The $2 trillion stimulus package agreed upon by lawmakers and the White House will, among other things, provide a direct payment of $1,200 to millions…
April 15, 2020