Rethink Your Money
Your Financial Plan and Rising Interest Rates
…same balance after tax as you had in your Roth IRA. And so to simplify whether a Roth conversion might make sense or not comes down to one primary question…
Search Results for: roth ira
Financial Planning, Taxes
I’m Not Warren Buffet, but I’d Like to Give
…your IRA. For folks that are subject to Required Minimum Distributions (RMDs), you can give directly from your IRA to a charity (RMDs are for those that have reached age…
Rethink Your Money
Inside Look: A Wealth Planning Case Study (Part 3 of 3)
…contribute to a traditional IRA, a SEP IRA, a Roth IRA, and then their company retirement plans? Ben: So we’ll start with what do you need to do the soonest…
Rethink Your Money
Important Mid-Year Financial Considerations
…if you look at people’s asset backgrounds, they don’t have all their money in Roth IRAs, they don’t have all their money in after tax accounts. I take an average…
Taxes
Take a Tax Season Approach Year Round
…retirement plans like IRAs, Roth IRAs, and 401(k) plans. You also have non-retirement accounts. All these have different tax treatment. You also likely have a variety of investments, like bonds…
Financial Planning
6 Financial Planning Tips for Newlyweds
…partner have a 401k, IRA, Roth IRA or investment account? Which accounts are you saving toward regularly? The annual amounts you can save toward each account may change once you’re…
Financial Planning
Prioritizing Savings On A Limited Budget
…than the typical state 529 plan. There also are several different type of retirement accounts (Roth IRAs, SEP IRAs, SIMPLE IRAs, 401(k)s, etc.) so an investor can choose the type…
Rethink Your Money
The Trick to Capitalizing on Financial Headlines
…that can potentially allow you to save way more money into a Roth IRA or a Roth 401(k) than you otherwise could have. And it’s a two-step process. The first…
Financial Planning, Retirement
7 Ways Gen Xers Can Plan for a Wealthier Retirement
…– Don’t forget about IRAs. While employer-sponsored plans are a simple and effective way to save for retirement, it’s wise to diversify your savings by also contributing to IRAs. If…
Financial Planning
Helping Employees Prepare for Retirement
…1. Simplified Employee Pension Plan (SEP-IRA) A SEP IRA is a type of retirement plan that allows small businesses and entrepreneurs to defer up to $58,000 in 2021 (up from…
