Follow these easy step-by-step explanation with screenshots when you enter the 1099-R form for your mega backdoor Roth into FreeTaxUSA.
Latest Blog Posts
Fidelity Retirement Planning Tool: High-Level Model, Not Tactical
Fidelity’s retirement planning tool shows how much leeway you have and what moves the needle. It isn’t designed to give year-by-year tactical guidance.
Fidelity Full View + GPS: Track Your Portfolio Across All Accounts
Fidelity Full View gives a global view of your entire portfolio at Fidelity and elsewhere. It feeds into Fidelity GPS for a more in-depth analysis.
Security Hardware for Vanguard, Fidelity, and Schwab Accounts
Get off SMS text message codes and stop using your phone for login security. Buy hardware tokens and keys to protect your investment accounts and email.
How to Manage a Family Member’s Fidelity or Vanguard Accounts
Financial institutions often don’t recognize your Power of Attorney. Follow this process to authorize access to your Fidelity and Vanguard accounts.
Roth Conversion with Social Security and Medicare IRMAA
A step-by-step walkthrough of how to use the Case Study Spreadsheet to estimate tax rates on Roth conversion with Social Security and Medicare IRMAA.
Two Types of Bond Ladder: When to Replace a Bond Fund or ETF
A bond ladder has advantages over a bond fund or ETF. The shorter the time span in which you will liquidate your bond holdings, the more valuable it is.
How to Buy Treasury Bills & Notes On the Secondary Market
Detailed steps and screenshots for how to buy Treasuries on the secondary market without a fee at Fidelity, Vanguard, Charles Schwab, and Merrill Edge.
When to Sell I Bonds or Cash Out and Buy TIPS
I Bonds are great for the short term but TIPS are better for the long term. Calculate whether the time has come to cash out your I Bond and switch to TIPS.
Guide to Money Market Fund & High Yield Savings Account (2024)
The yield on a money market fund adjusts to the current market. You aren’t at the mercy of a bank’s decision to catch up or stay behind.