#roth-ira
#roth-ira

Retirement

I am 49 with $660K in a 401(k). Should I max out the 24% bracket with annual Roth conversions?

Retirement

Should I Start a Roth IRA from $0 or Keep Contributing to My 401k at Age 42?

Retirement

I am 62 years old with $700k in a 401(k). Would converting $70k annually help avoid RMDs?

I would like to roll over $800K to a Roth IRA and keep the tax bill low. How should I do this?

Timing withdrawals effectively can lead to substantial savings.

Direct rollovers from Roth 401(k) to Roth IRA prevent unnecessary taxes.

Down years might be strategic times for account withdrawals.

2 months ago

My income is rising but I still want to save for retirement in a Roth IRA

A backdoor Roth IRA allows individuals to continue contributing despite income limits.

Retirement

How I Plan to Boost My Financial Future with a Roth IRA Contribution

Retirement

I am 49 with $660K in a 401(k). Should I max out the 24% bracket with annual Roth conversions?

Retirement

Should I Start a Roth IRA from $0 or Keep Contributing to My 401k at Age 42?

Retirement

I am 62 years old with $700k in a 401(k). Would converting $70k annually help avoid RMDs?

Retirement

I would like to roll over $800K to a Roth IRA and keep the tax bill low. How should I do this?

2 months ago

My income is rising but I still want to save for retirement in a Roth IRA

A backdoor Roth IRA allows individuals to continue contributing despite income limits.

more#retirement-planning

I am 63, still earning, and eyeing Roth IRA funds for renovations. Is that a mistake?

Age 59 1/2 marks penalty-free access to Roth IRA, needing 5-year account opening.

Evaluate financial options before using Roth IRA funds for home renovations.

2 months ago

401(k) Rollover vs. Roth IRA: Which Is the Smarter Move?

The Roth IRA offers tax-free growth but isn't a universal solution; alternatives may be better based on individual financial situations.

#401k

Retirement

Can I Withdraw My Entire Roth 401k Contribution After 5 Years?

6 months ago

Miscellaneous

I'm in my 30s and have been shoveling money into my 401(k) for years - at what point should I stop?

Retirement

Can I Withdraw My Entire Roth 401k Contribution After 5 Years?

6 months ago

Miscellaneous

I'm in my 30s and have been shoveling money into my 401(k) for years - at what point should I stop?

I Discovered Backdoor Roth IRAs Too Late: Can I Still Make Them Work Before Retirement?

It's never too late for high-income earners to consider a backdoor Roth IRA for tax-advantaged growth.

#retirement-savings

Retirement

Should I Double Max Out My Roth IRA or Invest My $20,000 Elsewhere?

Mental health

I've converted 46% of my nest egg to Roth - am I overshooting my target with more conversions?

Roam Research

3 Reasons You Should Be Saving for Retirement in a Roth IRA

Roth IRAs allow tax-free investment gains and withdrawals, providing significant advantages for retirement savings.

5 months ago

Miscellaneous

4 Reasons the Roth IRA Might be the Most Powerful Retirement Account of All Time

Retirement

Should I Double Max Out My Roth IRA or Invest My $20,000 Elsewhere?

Mental health

I've converted 46% of my nest egg to Roth - am I overshooting my target with more conversions?

Roam Research

3 Reasons You Should Be Saving for Retirement in a Roth IRA

Roth IRAs allow tax-free investment gains and withdrawals, providing significant advantages for retirement savings.

5 months ago

Miscellaneous

4 Reasons the Roth IRA Might be the Most Powerful Retirement Account of All Time

more#retirement-savings

Should I open a Roth IRA at 24 despite market volatility and overwhelming investment options?

Opening a Roth IRA is beneficial despite market volatility.

Startup companies

Peter Thiel's Incredible Advice for Anyone Looking to Grow Their Retirement Portfolio

Peter Thiel's strategic use of a Roth IRA has enabled him to accumulate $1 billion through diversified investments.

I'm Retiring at 50 With $9 Million in Assets - Should I Convert My 401Ks to Roth to Avoid Future RMD Taxes?

The FIRE lifestyle requires careful financial planning and decision-making, especially about tax implications and retirement accounts.

Parenting

fromBusiness Insider

We contributed to our kids' Roth IRAs to help them get a financial head start

Teaching kids about early retirement savings through Roth IRAs can foster lifelong healthy financial habits.

I have $10 million and ready to retire and I want to find a tax break that might include me becoming a barista

Long-term capital gains are taxed more favorably than short-term gains, potentially avoiding taxes by reducing taxable income.

fromwww.mercurynews.com