Tag Archives | Roth IRA

Your IRA or 401k Balance is Not all Your’s

Your IRA or 401k is partially yours and partially the property of the IRS. Unfortunately, the IRS doesn’t tell you what they get until you make a withdrawal. RETIREMENT PLAN REALITY CHECK IRA Balance               Marginal Tax Rates               Yours       […]

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What does the Fiscal Cliff Deal Mean to Your Income Taxes?

American Taxpayer Relief Act of 2012 – Updated Fiscal Cliff Deal Calculator The theater (crisis) is over for now and a last-minute agreement was made in Congress.  What is harder  to believe? The 154 page document was given to the Senate 3 minutes prior to their voting on it or that President Obama went on […]

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Take Advantage of Tax-Free Roth IRA

Yes, I am referring to you. My favorite retirement savings vehicle is the Roth IRA and you may be wise to use it. There are 3 ways to fund a Roth IRA. 1. FRONT-DOOR Roth Contribution  – Contribute directly if – Married family income under $173,000 (phased out to $183,000) A Roth IRA is funded […]

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Roth IRA Life Planning Today

Hitting The Control/Alt/Delete Button on a Roth IRA

In an attempt to make the best of a sour economic situation it’s time to take a look at your IRA or Roth IRA and try to make those sour investment losses you may have experienced over the last quarter work for you, rather than against you. If you proactively took the opportunity to take […]

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