Which Retirement Account Should I Fund?
with No Comments

Which account you should fund depends on your circumstances, but here are some general guidelines you can follow to make your decision.

How Can I Contribute to Two Roths?
with No Comments

The terminology is a little confusing, but you are allowed to have and contribute to both individual retirement accounts and employment-related retirement accounts.

How to Convert Taxable Savings Into Your Roth IRA
with No Comments

Most tax professionals don’t think of such tax planning opportunities, because they have to focus on complying with tax accounting regulations.

What Should I Do With a 401(k) From a Previous Employer?
with No Comments

You have 3 basic options, but whichever option you choose, do not lose track of the accounts you own.

Can I Fund My Roth With Book Publishing Royalties?
with No Comments

Roth IRAs can only be funded with earned income and therein lies the confusion.

Tax Alpha: How to Fix a Client Portfolio
with No Comments

Good financial planners can be worth their weight in gold in helping clients build a tax-efficient portfolio.

Can I Contribute to a Roth IRA?
with No Comments

How do you know if you can contribute to a Roth IRA? See this flowchart for answers.

Mailbag: Is There An Advantage For Me To Do A Roth Conversion?
with No Comments

My wife and I are 65 years old and I am newly retired. Is there any advantage in doing a Roth conversion this year?

Will Roth Conversion Affect My Estimated Tax Payments?
with No Comments

Roth conversions are a great way to save money and if you have a good financial planner, they need not be a headache.

How to Open a Roth for Your Child
with No Comments

Someone has to be proactive about your child’s retirement and every year you don’t open a retirement account is another year you’re holding back compound interest.

Mailbag: Can I Roll My IRA Into A REIT Tax-Free?
with No Comments

A reader asks, “My wife has a $250K SEP IRA earning 1.5% interest. Can we use any of the funds for real-estate investments?”

Taxes on Non-Deductible IRA Contributions
with No Comments

“Once you put cream in the coffee, all coffee removed from the cup is partly cream and partly coffee.”

Roth IRA Conversions and Roth Segregation Strategies
with No Comments

Roth accounts have several advantages over traditional retirement accounts.

Roth IRA Calculator and Rules
with No Comments

A complete guide to using Roth IRAs to build lasting wealth.

Retirement Plan Asset Allocation: University of Virginia Case Study
with No Comments

Many people lack the time and expertise to develop an intelligent retirement asset allocation plan.

UVA Tax-Deferred Retirement Plan Asset Allocation Tools
with No Comments

We have created several asset allocation tools to aid those seeking an intelligently diversified portfolio.

If Tiger Woods Can Contribute To A Roth, So Can You – Via Back Door
with No Comments

A backdoor Roth IRA contribution requires some extra steps but allows high-income earners equal access to the tax-free benefits of a Roth IRA.

How to Calculate An Advisor’s Value: Tax Efficiency
with No Comments

A dollar saved on your taxes is better than a dollar earned which causes you to pay more tax.

How Quickly Should 401(k) Deposits Be Remitted?
with No Comments

As the payroll processor at our company, how quickly do I need to deposit 401(k) contributions into employee accounts? -Sincerely, Payroll Pam

Is Your 401(k) Plan Secure?
with No Comments

Money deducted from your paycheck for retirement typically gets deposited quickly into your 401(k) plan. But this isn’t always the case.

Roth’s Less-Known Strengths
with 2 Comments

Mr. Roth can also help with transferring gifts to your heirs, setting up your first emergency reserve account, and paying for a new house or college expenses. But don’t ask him to iron your clothes. That’s where he draws a line.

The Powerful Roth IRA
with No Comments

Tax-free saving for retirement is only one of the many talents offered by Mr. Roth. If you have yet to become fully acquainted, consider this your formal introduction and start getting to know Mr. Roth today.

IRA Cap Gives Rise to New Funding Strategies
with 7 Comments

President’s proposal comes with silver linings for shrewd advisors

More Than 25% of Americans Are Making a Financial Mistake
with No Comments

If you look beyond the short term, making this move is pretty clearly worse than using a high-interest credit card to pay your bills.

Naming A Foreign 401(k) Beneficiary? ($ ?s)
with No Comments

You should have no problem naming your nephew as your beneficiary, but accessing the money from India after your death is more complicated.

Financially Savvy Kittens on Retirement Plans
with No Comments

These kittens have retirement plans. Be more like these kittens.

Three Steps to Find a Missing 401(k) ($ ?s)
with No Comments

Literally tens of thousands of employees who were once participants in an employer-sponsored retirement plan (i.e., 401(k) plan, profit-sharing plan) neglect to take their retirement money with them.

Is Your 401(k) Holding Too Much Company Stock?
with 2 Comments

Following the holiday season, many will feel the effects of overindulging on festive sweets. It turns out that your 401(k) also suffers when indulging on too much of a good thing.

Roth IRAs: If the Front Door Is Closed, Try the Back Door ($ ?s)
with 4 Comments

There is a backdoor way to contribute to a Roth IRA for those who are not income eligible. This method requires the following steps:

Contributing to Multiple Retirement Plans ($ ?s)
with No Comments

This article reviews the coordination rules which govern the maximum contributions to 457, 401(k) and Thrift Savings Plan. Information on 403(b) plan maximums is also included.

New 401(k) and IRA Limits for 2013
with No Comments

It’s time to consider adjusting your retirement savings. The Internal Revenue Service recently issued a variety of inflation adjustments for 2013, and retirement savers can now save even more.

IRS Notice of Proposed Adjustment for Underpayment/Overpayment (CP2000) for 2010 Roth Recharacterization
with No Comments

Currently the IRS is sending notices to anyone who did a Roth Recharacterization in 2010 asking them to pay as though they kept the entire conversion amount.

$ ?s: 72(t) and Other Early Retirement Distribution Options
with No Comments

There is a separate set of rules for those under age 55 or who are looking to distribute from an IRA. These rules focus on an exception called Substantially Equal Periodic Payments (SEPPs).

Three Questions to Ask Before Establishing a New Company Retirement Plan
with No Comments

Here are three questions that every small business owner should answer before establishing a new retirement plan.

Mailbag: I’d Like to Withdraw Money from My IRA to Purchase Physical Silver
with No Comments

Precious metals will, on average, just keep up with inflation, but your after tax return would mean you fell behind inflation by the 28% tax you must pay.

$ ?s: Roth or Pre-Tax 401(k)?
with No Comments

Here is the only question you should attempt to answer: Are you paying a higher tax rate now or later?

Mailbag: How Should I Invest a Roth IRA that My Children Will Inherit?
with No Comments

Should it be invested aggressively, like 100% equities, or use the same split as my taxable investments, such as 50-50 stocks vs bonds?

Tax Planning from the 2012 January / February issue of Planning Perspectives
with No Comments

“How can you respond if these new taxes are enacted? One option is to do a Roth conversion so that you can pay taxes now for those retirement funds.”

Roth IRA Recharacterization 2012: Undoing a Roth Conversion
with 2 Comments

Nearly everyone is an excellent candidate for a Roth conversion this year. You can always undo part or all of a Roth conversion with what’s called a recharacterization, so you can’t convert too much.

Roth IRA Conversion 2012: Roth Calculator for Prof. Low Income
with No Comments

Who would have thought that someone earning $10,700 might want to purposefully push their taxable income up to $217,450 this year in order to pay $47,595 more in taxes at these lower 2012 tax rates?

Roth IRA Conversion 2012: Roth Calculator for Mr. Esq
with 2 Comments

Who would have thought that someone in the 33% tax bracket now who will be in a lower 28% tax bracket in the future might want to do a Roth conversion at his higher rates now?

Roth IRA Conversion 2012: Roth Calculator for Ms. Small Business Owner
with No Comments

Who would have thought that someone earning $400,000 might want to purposefully push their taxable income up to $1.2M this year in order to pay $280,000 more in taxes at these lower 2012 tax rates?

Roth IRA Conversion 2012: Roth Calculator for Mr. Average
with No Comments

Who would have thought that someone earning $75,000 might want to purposefully push their taxable income up to $275,000 this year in order to pay as much as possible at these lower 2012 tax rates!

Roth IRA Conversion 2012: A Roth Conversion Calculator
with 1 Comment

Nearly everyone is an excellent candidate for executing a Roth conversion this year. But it is helpful to have a target amount in mind before you begin.

Roth 401(k) vs. Roth IRA (A Guide for the Perplexed)
with No Comments

A Roth provides more flexibility than its Roth 401(k) counterpart because you can access the principal at any time without penalty.

The Absolutely Last Chance for a Massive Roth Conversion
with 9 Comments

A tax tsunami is coming at the end of this year. This will be your last opportunity to safeguard your assets in a lifeboat and avoid getting swamped with taxes.

1 2 3

Like what you read? Subscribe to our newsletter!