To Convert or NOT To Convert in 5 Easy Steps
What is a Roth IRA conversion? A Roth IRA conversion is the process of moving IRA or employer plan assets to a Roth IRA.
IRAs are Different
IRAs are distributed differently than all other assets both during life and death. Here's Why:
5 Ways an Excess IRA Contribution Can Happen
You can have too much of a good thing. While saving for retirement with an IRA is a good strategy, there are limits.
How Your IRA Can Help if You Are a First-Time Home Buyer
The real estate market is red hot right now. This can be especially challenging for first time home buyers. IRA savings are intended to be used for your retirement. However, if you are like many others, your IRA may be your biggest asset. You may need your IRA funds to make home ownership happen and there is a special break in the tax code that can help you.
Using IRAs to Help Children in 5 Easy Steps
Can children have IRAs? There is no minimum age for having an IRA. Due to the power of compound interest, saving tax-free in an IRA from childhood can provide a significant head start on financial security. Saving $6,000 in an IRA annually from age 14 through 24 and earning 7% per year provides $1.16 million at age 61—even without contributing after age 24!
401(k), 403(b), 457(b): Does it Really Matter?
Do you know what the three types of company plans are?