Two Five-Year Tests for Roth IRA owners

February 26, 2018

The pros and cons of Roth IRAs, which were introduced 20 years ago, are well understood. All money flowing into a Roth IRA is after-tax, so there is no upfront tax benefit. As a tradeoff, all Read more

Year-End Retirement Tax Planning, Part II

October 23, 2017

Our last article discussed year-end tax retirement tax planning for individuals participating in their employer’s 401(k) plans. This article will focus on individuals over age 59½ with large traditional Read more

Year-End Retirement Tax Planning, Part I

October 19, 2017

If your company sponsors a 401(k) plan, your employer may offer a match. Make certain that you are contributing at least enough in 2017 to get the full match. Remember, your full match is essentially free Read more

Yes, you can undo a Roth IRA conversion

September 18, 2017

Converting a traditional IRA to a Roth IRA can provide tax-free growth and the ability to withdraw funds tax-free in retirement. But what if you convert a traditional IRA — subject to income taxes on all Read more