Converting a large sum like $865,000 to a Roth IRA is a strategic move for long-term tax benefits – including tax-free ...

Recent tax changes, including an extra $6,000 deduction for those 65 and older, present a golden opportunity for retirees to ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. One of the most important decisions anyone has to make in ...

Using an HSA (or health savings account) as a retirement account is the most underrated way to save and invest. One of my ...

Most people dream of spending their retirement savings on relaxing, enriching and gratifying activities. Few, if any, dream of using their retirement savings to pay unnecessary taxes. Yet those who ...

Help clients maximize retirement contributions, utilize spousal IRAs, and explore backdoor Roth strategies before 2025 ends.

With a Roth IRA, you contribute after-tax dollars, so there is no tax deduction when you put money in. The benefit comes later because your investments grow tax-free and qualified withdrawals in ...

Discover the tax benefits and withdrawal flexibility of Roth IRAs for retirees, including contributions, tax-free earnings, and strategies for passing wealth to heirs.

A backdoor Roth IRA refers to a method that allows individuals, particularly high earners, to contribute to a Roth IRA despite income limits that typically prevent direct contributions. By first ...

Historically, an IRA, or individual retirement account, is a retirement savings option that you access of your own accord — unlike, say, employer-sponsored options like 401(k) plans or pensions. But ...

An IRA may not be the most exciting investment in your portfolio, but it's certainly versatile. An IRA, or individual retirement account, is an investment account designed to help you tuck away money ...