Financial advisor and columnist Brandon Renfro I’m 68 and recently retired and have about $1.4…
Roth
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Personal Finance
We’re 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth?
by adminby adminAt 67, you’re presumably at or near retirement. If you have $1 million in IRAs,…
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For many Americans, taxes will most likely be one of their largest expenses in retirement.…
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Roth IRAs are really popular because they give you tax-free withdrawals in retirement, but they…
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Retirement
Having traditional and Roth savings gives you tax-savvy options in retirement
by adminby adminI’m dismayed I hadn’t finished my income taxes by the time I wrote this column…
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American workers who qualify can contribute as much as $7,000 to a Roth IRA for…
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Image source: The Motley Fool/Upsplash Opening a Roth IRA with a brokerage firm can be…
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Retirement
I’m 65 With $850,000 in an IRA. Is It Worth It to Convert That Money to a Roth to Avoid RMDs?
by adminby adminA 65-year-old woman contemplates a Roth conversion while looking over her IRA. Required minimum distributions…
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Personal Finance
Our Combined Income Will Top $400k This Year. Can We Use a Backdoor Roth to Avoid Future Taxes?
by adminby adminA couple reviews their finances and decides to use a backdoor Roth IRA. A backdoor…
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Retirement
64% of IRA Contributions Are of the Roth Variety. Here’s Why You Should Choose a Roth IRA for Your Savings, Too
by adminby adminIt’s important to build up savings for retirement so you don’t wind up overly reliant…