Retirement
Is Your Retirement Plan Flying via IFR or VFR?
…be eligible to be rolled into a Roth bucket within you plan or, if you move to another job, rolled into a Roth IRA. Tip #4 – Ask yourself if…
Search Results for: roth ira
Taxes
Tax Filing vs. Tax Planning
…(income tax minimization, retirement plan contributions, withholding optimization) Retirement saving and withdrawal strategies (Roth conversions, backdoor Roth IRAs, tax-efficient withdrawals, spend-down strategies, Social Security and Medicare optimization) A qualified tax…
Financial Planning
What the SECURE Act Means for You
…some of the key provisions, and how they may impact you. Major IRA changes are coming. The maximum age of 70 ½ for traditional IRA contributions would be repealed. Additionally,…
Retirement Planning Calculator
…include any other retirement accounts such as an IRA or a Roth IRA and any retirement savings in non-retirement accounts. This calculator assumes that you make one annual contribution at…
Retirement
Need to Retire Earlier Than Expected?
…to IRAs or Roth IRAs. Make a goal to save as aggressively as possible during your final years in the workforce. Your wealth manager can help you identify the best…
Investing, Taxes
How Tax-Efficient Is Your Portfolio?
…Roth IRAs. Additionally, if these assets are passed on to heirs, they may be eligible for a “step-up” in basis, effectively resulting in zero taxation. Investments with lower return potential…
Investing, Taxes
Explainer Video: Tax-Loss Harvesting
…effective in taxable accounts where you’re paying as you go. Tax-loss harvesting does not work in retirement accounts – 401(k)s, IRAs or Roth IRAs – all of the activity in…
Financial Planning
Changing Employers? Don’t Forget About Your Retirement Plan
…whether it makes more sense to roll over to a traditional (pre-tax) IRA or a Roth (after-tax) IRA based on the current tax status of your assets, your goals for…
From Peter's Desk
Think your broker or financial advisor is on your side? Think again
…of these tax statement/favorite accounts. Not just IRA’s and 401K plans, but have Roth IRA’s, 529 college savings plans. And then on top of that, what we’ve seen is a…
Financial Planning
Are You Properly Planning for Longevity?
…whenever funds are withdrawn and will be subject to required minimum distributions (RMDs) beginning the year you turn 72. Tax-exempt accounts, such as Roth IRAs – These accounts allow after-tax…
