‘Roth IRAs Are For Poor People,’ Says An Entrepreneur. ‘I Don’t Want $1.2 Million Tax-Free When I’m 65. I Want Money Now’
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Your 401(k) Plan Has a Hidden Roth Door. Here’s How to Use It Before 2027
Quick Read High earners can funnel an extra $36,250 annually into a Roth by filling the gap between…
The 11-Year Tax Window Most Retirees Miss Between 62 and 73
Quick Read Retirees between 62 and 73 enter a low-tax valley where delayed Social Security and pre-RMD income…
IRMAA: Will Your Retirement Income Increase Your Medicare Premiums?
Don’t make the mistake of ingoring IRMAA and medicare surcharge minimization as part of your tax planning on…
The $94,000 Tax Mistake That Costs Retirees With $2.6 Million in Savings
Quick Read A retired couple with $2.6 million can cut lifetime federal taxes by $94,000 by drawing from…
The Case for Holding VOO in Your Roth IRA
Quick Read VOO’s 0.03% expense ratio and 1.2% yield save a $500,000 Roth investor roughly $900 annually in…
Trump Accounts Aren’t Just About The Free $1,000. Experts See A Bigger Roth IRA Opportunity.
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The $120,000 Roth Strategy That Cuts Retirement Taxes to $20,000 Instead of $35,000
Quick Read Self-employed architects can open a Solo 401(k) and direct employee deferrals to the Roth side, then…
Here Is Why I Would Tell a 71-Year-Old With $4 Million to Spend Down the Traditional IRA First
Quick Read A 71-year-old with $2.5M in a traditional IRA faces a $104,000 RMD at 73 that triggers…
The Backdoor Roth IRA Move High Earners Use to Get $7,500 of Tax-Free Money Past the Income Cap
Quick Read $310K household converts $15K yearly to Roth via backdoor: non-deductible traditional contribution plus immediate conversion avoids…
How a 65-Year-Old Extracts $50,000 Annually From a $1.3 Million 401(k) and Avoids the IRMAA Medicare Trap
Quick Read $43,000 traditional 401(k) plus $7,000 Roth withdrawal yields $2,936 federal tax on $50,000 spending via 12%…
The 401(k) Loophole Wealthy Savers Are Quietly Using to Shelter Up to $46,000 a Year
The mega backdoor Roth strategy lets 401(k) participants contribute up to $72,000 annually (vs. the $24,500 standard limit)…