Roth IRA Archives

Year-End Tax Moves to Consider Now

You have some control over how much you pay each year in income tax. Before the end of the year you should be reviewing a few of your options. Selling securities that are worth less than what you paid for them in non-retirement accounts. For…

Achieving Financial Independence, Post-Retirement Planning, Retirement

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…

Achieving Financial Independence, Tax Planning

Stretch IRA is Dead - Secure Act

Stretch IRA is Dead and other new IRA rules are part f the newly passed Secure Act.

Achieving Financial Independence, Balanced Living, Investments, Tax Planning, Virtual Financial Planner

Roth IRA Rocks!

There's a way for everybody to Roth!

Achieving Financial Independence, Financial Management, Post-Retirement Planning, Retirement

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,…

Achieving Financial Independence, Estate Planning, Investments

One Powerful Financial Move for Kids (or Grand-kids)

Turn $500/Year into $500,000! I recently created Roth IRA’s for my kids and put $500 into each account. With a little guidance from me, the kids will each choose to become stock owners of one company. Going forward I will encourage them…

Achieving Financial Independence, Balanced Living, Goals-Based Planning, Post-Retirement Planning, Tax Planning

ROTH VS. TRADITIONAL IRA...8 Important Comparisons

Roth vs. Traditional IRA 8 Important Comparisons Roth vs Traditional IRA? Deciding which retirement account type may fit your needs is an important step in retirement planning. The comparisons below provide an overview of the differences…

Investments, Post-Retirement Planning, Tax Planning

Your IRA or 401k Balance is Not all Your's

Your IRA or 401k is partially yours and partially the property of the IRS. Unfortunately, the IRS doesn't tell you what they get until you make a withdrawal. RETIREMENT PLAN REALITY CHECK IRA Balance Marginal Tax Rates…

Achieving Financial Independence, Estate Planning, Investments, Post-Retirement Planning, Tax Planning

Take Advantage of Tax-Free Roth IRA

Yes, I am referring to you. My favorite retirement savings vehicle is the Roth IRA and you may be wise to use it. There are 3 ways to fund a Roth IRA. 1. FRONT-DOOR Roth Contribution - Contribute directly if - Married family income…