Category: IRA’s

Roth IRA’s have become quite popular among the millennial generation (and beyond) and can be a great addition to your retirement savings arsenal. But Roths bring a lot of …

I’m willing to bet that most readers of this article have heard of a “spousal IRA”, but very few know exactly what it is or how it works. In …

Update: Due to court ruling, the new fiduciary rules highlighted below were struck down in early 2018. There was big financial industry news last week as the U.S. Department …

Update: MyRA plans have been shut down, with deposits no longer being accepted after December 4, 2017. The U.S. government’s IRA plan, myRA (short for “My Retirement Account”), is …

Me: Forgive me father, for I have sinned. Father Finance: You are in a safe place to share your sins, my son. What would you like to confess? Me: …

Have you ever wondered, “Hmmm… can I roll this retirement plan over to that retirement plan”? Retirement plan rollovers can be confusing. Sometimes there are goofy rules around when …

While completing my taxes this year, I started noticing that I would have a sizable tax bill due from self-employment income unless I found a way to reduce my …