Author: Ellea Starkel
Rolling Over Your 401(k)? Making a Backdoor Roth Contribution? Remember the Pro-Rata Rule!
If your income exceeds the IRS limits for contributing directly to a Roth IRA, you may have heard of a strategy called the backdoor Roth...
Roth IRAs: The Basics
When it comes to saving for retirement, one of the most common questions people ask is whether they should contribute to a Roth IRA. When...
Social Security: How It Works and How to Make Smarter Claiming Decisions
Social Security is an important, and often essential, part of a retirement plan. Originally created as “Old-Age Insurance” during the Great Depression to help prevent widespread poverty...
Required Minimum Distributions: What They Are and How to Plan Ahead
Required Minimum Distributions (RMDs) are mandatory withdrawals from certain tax deferred retirement accounts, including Traditional IRAs, Traditional 401(k)s, and 403(b)s. The IRS requires these distributions because contributions to these accounts were...
Roth Conversions: A Smart Strategy for Tax-Free Income in Retirement
One of the biggest challenges in retirement is managing taxable income. Without proper planning, withdrawals from pre-tax accounts like Traditional IRAs and 401(k)s can unintentionally...
How to Exit a Timeshare
Many vacation-goers sign a timeshare contract with the hope of gaining easy and affordable access to a resort getaway – typically by paying an upfront...
