Investing
Do I Have a Roth Option in My 403(b)?
…or contribution limits as its Roth IRA counterpart, which makes the Roth 403(b) an attractive offering inside the qualified plan. The biggest issue with individuals contributing to a Roth IRA…
Search Results for: roth ira
Financial Planning
Explainer Video: Self-Employed Retirement Savings Vehicles
…a SEP-IRA annually compared to a traditional or Roth IRA. One of the downsides of a SEP-IRA, however, is that there’s no Roth component. Everything that you put into a…
Financial Planning
Just Inherited an IRA?
…rule. If you inherit a Roth IRA, you can withdraw contributions tax-free at any time. However, earnings may be taxable if the Roth IRA was less than five years old…
Financial Planning
Roth Conversions
…favorable, there are two main reasons you may want to consider initiating a Roth conversion sooner than later. A down market. It often makes sense to initiate a Roth conversion…
Financial Planning
SECURE 2.0 Passes
…an oversight, as typically Roth funds don’t require distributions, so Congress acted to remove RMDs from Roth sources in a 401(k). Roth sources are available to other types of retirement…
Financial Planning
Why Financial Planning Is Different for Airline Pilots
…IRA contributions to your Roth IRA — the logistics are more complicated, but that’s the general idea. Roth conversions, on the other hand, take a portion of the dollars you…
Investing
The Young Investor’s Playbook
…of converting a traditional IRA (pre-tax dollars) to a Roth IRA (after-tax dollars). Completing a Roth conversion requires you to pay taxes on the traditional IRA dollars in the year…
Financial Planning
Congratulations, You Received a Bonus!
…are all powerful tools that can help you work toward your personal financial goals. Here’s how: Roth IRA/traditional IRA Contributions to a Roth IRA or a traditional IRA are limited…
Financial Planning
Receiving Supplemental Pay
…are all powerful tools that can help you work toward your personal financial goals. Here’s how: Roth IRA/traditional IRA Contributions to a Roth IRA or a traditional IRA are limited…
Retirement
5 Reasons Retirement Planning Is Different for Dentists
…higher tax bracket then pay taxes on withdrawals when you are retired and (potentially) in a lower tax bracket. Roth IRA – Roth IRAs offer the benefit of tax-free growth….
