I’ve been warming up to the idea of converting part of my 401k to a Roth for some time. The gist of the tax maneuver is to pay the taxes upfront on the conversion, and then the money that’s converted will be forever tax-free. There are several benefits of a converted Roth IRA for a […]
Did you know that your great grandfather could’ve turned $3,000 into a $41 million family estate if he just stayed invested in either the Dow Jones Industrial Average or S&P 500 since 1920? I read a fascinating piece recently from Barron’s as part of their celebration of the publication turning 100 years old. They dug […]
Did you know that part of the recently passed The Coronavirus Aid, Relief, and Economic Security (CARES) Act lets you withdraw $100,000 from your retirement funds without incurring the 10% penalty normally applied for early withdrawal? For a typical family with two working adults, that’s up to $200,000 of funds the government is letting you […]
Here’s what we found out for those of you who have lingering questions on the stimulus payment.
Many Millennials aren’t investing like they should be. These are the tips to help them correct course.
Retirement is one of the most important goals in anyone’s life. It’s the time when all your hard work has paid off and you can now relax and do everything you’ve ever wanted. Preparing for retirement can be difficult and sometimes stressful, but there are many different paths that all lead to the end goal […]
