A Roth IRA is a great option for those looking to save after-tax dollars, offering the opportunity for tax-free growth, and favorable distribution rules. Unfortunately, eligibility to contribute to a Roth IRA is subject to multiple restrictions, which can cause confusion when determining if you are … [Read more...]
Roth IRA Contributions
Employee Benefit Review
I am not afraid of storms, for I am learning how to sail my ship. - Louisa May Alcott What To Know About Reviewing Your Employee Benefits Perhaps you want to... want to make sure your employer-sponsored retirement plan is optimized for your risk tolerance, financial goals, and … [Read more...]
SECURE Act 2.0 Updates
SECURE Act 2.0 implements several changes that affect many different areas of financial planning. This checklist highlights important changes that may affect you, including RMD changes, employer contributions updates, new 529-to-Roth transfer, and more: What Important Issues Should You Consider … [Read more...]
Five Ways SECURE 2.0 Changes the RMD Rules
The SECURE 2.0 legislation included in the $1.7 trillion appropriations bill passed late last year builds on changes established by the original Setting Every Community Up for Retirement Enhancement Act (SECURE 1.0) enacted in 2019. SECURE 2.0 includes significant changes to the rules that apply to … [Read more...]
Accounts to Save More
If you have a surplus of cash on hand that you want to save for the future, which account type should you consider? This checklist provides a structured outline to guide you regarding available and appropriate savings strategies: What Accounts Should I Consider If I Want to Save More? This … [Read more...]