I’m 58 years old and living in California with $137,000 in a Roth IRA, but I’m a bad investor and lost 8% last year — what can I do to secure my retirement savings?
When you have $137,000 in a Roth IRA and you lose 8% in a single year, that can be pretty upsetting — especially if you're 58 ...
Rolling Over Your 401(k)? Take These 4 Key Steps to Avoid Costly Tax Mistakes
If a participant rolls over ineligible amounts to their IRA, it could create an excess contribution. Excess contributions ...
Tax Changes You Can Expect in Retirement
Social Security, retirement accounts, taxable accounts and pensions all have different tax implications. When you start ...
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The Best Time to Open an IRA and Start Planning for Retirement
Planning for retirement is one of the most important financial steps you can take to ensure a secure and comfortable future. Many people delay retirement planning, believing they have plenty of time ...
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Roth IRA vs. traditional IRA: Which is better for you?
Traditional IRAs offer the potential for tax deductibility in the present, while Roth IRA contributions are made with ...
I Absolutely Prefer a Roth IRA to a 401k for Retirement Savings. Here's Why.
A 401 (k) is the most popular retirement account (by far) and is often synonymous with retirement savings, but I personally ...
Want to retire early? Here’s how to calculate your FIRE number
Early retirement isn’t exclusively for the rich. Many people, particularly followers of the FIRE movement – short for ...
Should You Max Out Your 401(k) Before Investing In An IRA Or Stocks?
(k), IRA, or individual stocks? Learn which investment vehicle to prioritize for your retirement savings and financial goals.
4 Reasons the Roth IRA Might Be the Best Retirement Account Ever Created
Choosing the wrong account for your retirement savings can really cost you. Find out why a Roth IRA might be your best option ...
Common Mistakes To Avoid When Rolling Over Your Retirement Accounts
Avoiding the variety of mistakes that can occur during a retirement account rollover requires careful consideration.