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Need Cash in a Hurry? 2 Things to Know Before Tapping Your Retirement Savings.
The bigger issue with taking an emergency withdrawal from your retirement savings is that the money is no longer invested. It's not able to grow any further, so you'll have to set aside even more ...
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We Have a $500K Roth IRA and a Trust. Can a Nursing Home Still Access Our Savings?
Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, ...
Should I Take Money Out of My Roth IRA To Pay My Debt? Experts Weigh In
High-interest debt can feel like a dead weight. While it may be tempting to pull money out of a Roth IRA to pay off debt, is ...
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At 60 With $750k in a 401(k), Should I Start Converting $75K Annually to Sidestep RMDs?
Many retirement savers with sizable tax-deferred accounts like a 401(k) are interested in converting those funds to Roth ...
Don’t Miss These Tax Breaks: Why Starting a Roth IRA Late Can Still Pay Off
Regardless of how old you are, you can still reap the benefits of a Roth IRA, a retirement account that allows savers to grow ...
Retirement Withdrawal Strategy: Tax-Efficient Planning for Your Income
No one wants to pay more tax than they owe. Building a tax-efficient retirement paycheck means weighing options, running ...
Ask an Advisor: I Want to Roll Over $60k to a Roth, But Need Help Tax Planning. Can I Offset Part of My Tax Bill By Donating Some of the Money?
I’m interested in converting a traditional IRA into a Roth IRA and want to know if taxes are due at time of the rollover.