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.
Watch Out for the Five-Year Rule on Converted Roth Funds
If you are under age 59 ½ and you converted your traditional IRA to a Roth IRA, you will need to watch out for the five-year rule for penalty-free distributions of converted funds.
The 401(k) Hardship Withdrawal Rules in a Nutshell
This article will focus on hardship withdrawal rules from 401 (k) plans.
Clarifying Some Roth Conversion Misconceptions
As Roth IRA conversions become more popular, questions and misconceptions abound. Find out which Roth IRA conversion facts, issues, and mistakes to avoid.
What the New Tax Proposals Mean for Roth Conversions
It’s hard to keep up with the news out of Washington these days! I have been getting a ton of questions on how the new tax proposals recently passed by the House Ways and Means Committee would impact Roth conversions. Here is the rundown.