Taxes
Removing Excess IRA Contributions
What Corrections to Make if You Overcontribute to Your IRA IRAs can be a great way to save for retirement, but there are limits on how much you can contribute…
Search Results for: roth ira
Rethink Your Money
Trends That Are Changing Retirement
…a Roth where the growth is tax-exempt. All right, Britt, let’s go to the last question, which is somewhat related to this topic of Roths and Roth conversions. Britt: We…
Taxes
Tax Reform Update 3
…2025. Conversions of one type of IRA to another type, often traditional IRA’s to Roth IRA’s, can no longer be recharacterized back to their original account type beginning with conversions…
Financial Planning
Get Your Financial House in Order
…for the future, your wealth manager can help you determine whether it’s more advantageous to establish a traditional IRA (pre-tax savings) or a Roth IRA (after-tax savings). #8 – Plan…
Financial Planning
5 Tips for Reviewing and Organizing Your Beneficiary Designations
…and policies you’ll want to review include, but are not limited to, the following: Retirement Accounts – 401(k)s, solo 401(k)s, 403(b)s, 457 and other profit-sharing plans, traditional and Roth IRAs,…
Rethink Your Money
Money Moves to Make With a Recession in Mind
…rates due to the Trump tax reform that we’ve seen in 50 years. And so painting with a broad brush, those are the converging factors that make Roth IRA conversions…
Down the Middle
How the Financial Media Maximizes Profits
…to a Roth IRA. And if you do that, when you die, that embedded income tax bill on that Roth IRA is gone and your heirs will essentially have this…
Rethink Your Money
7 Tips for Taking Control of Your Finances
…designated for education. One of the biggest benefits of the 529 over just continuing to fund your own Roth IRA that could be used eventually for education is that the…
Rethink Your Money
The Most Commonly Asked Financial Questions
…not want you making the same mistake. And what I’m referencing is when you looked at their Roth IRA, it was the same holdings as their IRA, which was the…
Rethink Your Money
The Million-Dollar Question, Answered
…type would be an IRA or a 401k. And in that scenario, the surviving spouse can roll over the account into their own IRA, continuing tax deferred growth. And distributions…
