Posts

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Stop Traditional 401k Contributions

Your 401k is a shared asset. Your share this account with the IRS. The IRS will decide in the future (when you take it out) how much they will take at distribution. That’s right, your Traditional IRA('s) or 401k('s) are assets whose…
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Time to Convert Old 401k/IRA to Roth IRA

Thanks to Trump’s Tax Cuts and Jobs of 2017, we have historically attractive marginal income tax rates. If you convert (or withdraw) any part of a pre-tax IRA (think old 401k) to a Roth IRA, you treat the amount you convert as ordinary…
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Roth Conversion Super Attractive Now For Many People

Roth conversion's are worth a close look now, especially after new tax law. Whether you are retired or not, this may be a great time to convert Traditional IRA (including those 401k rollovers) to Roth IRA's. Why now? The New Tax Law. These…
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Why Roth Conversion of Your IRA Makes Sense Now

  Roth Conversion is terrific idea this year for Retirees and Pre-Retirees: at most income tax brackets….. Paying tax now rather than later may make very good financial cents for you. Yes, this is contrary to normal income tax planning,…