Category: IRAs
I was having lunch with a co-worker a while back, and the exhilarating topic of retirement accounts came up. Our employer offers a generous 50% 401K match, which led …
If you have self-employment income, SEP IRAs (SEP stands for “Simplified Employee Pension”) are a great vehicle for turbo-charging your retirement savings while simultaneously reducing your tax obligation. The …
When is the IRA Contribution Deadline? Here’s a personal finance 101 must-know special: the deadline for IRA contributions for a calendar year is the tax deadline for that year …
In my previous Roth IRA basics post, I received the following question from a reader, Julia: Great summary, but I think it’d be interesting to hear about the Backdoor …
Roth IRAs 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Due to court ruling, the new fiduciary rules highlighted below were struck down in court, in early 2018, and are no longer applicable. However, the rest of the …