Roth Conversions – Does it Make Sense?
Among many of the topics that are appropriate to address at the end of the year financially, one of the most important is tax planning. Within that overarching topic is the more specific subject of Roth conversions. In short, a Roth conversion involves the distribution of some or all of your pre-tax IRA assets and […]
Time To Think About Roth Conversions
We have written several blogs over the years on Roth IRAs. Today though, they have even more importance given the downturn in the market over the past couple of months. As a quick refresher, a Roth IRA provides tax-free growth on after-tax contributions. When funds are withdrawn, normally after attaining the age of 59 ½, qualified distributions are tax-free. There are two ways to introduce money into a Roth IRA. The first […]
Using Buckets for a Long Term Savings Strategy
In our last blog, we talked about how important human capital can be as it relates to your total economic wealth. Saving as much of your income as possible, especially in your early earning years, is critical. Just as important is the location of those savings. For sure, there are many ways to save today […]