Treasuries pay a higher yield and are easier to buy than CDs right now. Here’s how to buy them without fee at Fidelity, Vanguard, and Charles Schwab.
How To Report 2021 Backdoor Roth In TurboTax (Updated)
Follow these detailed step-by-step instructions with clear explanation and many screenshots when you report your Backdoor Roth in TurboTax.
The Case Against Roth 401(k): Still True After All These Years
Most people are better off contributing to a traditional 401k, not a Roth 401k. Here’s why.
ACA Premium Subsidy Cliff Turns Into a Slope In 2021 and 2022
President Biden’s COVID stimulus package American Rescue Plan turns the ACA premium subsidy cliff to a slope in 2021 & 2022. The cliff will return in 2023.
Best HSA Provider for Investing HSA Money
One HSA provider stands out well above others for people who invest the HSA money.
How To Rollover an HSA On Your Own and Avoid Trustee Transfer Fee
If you don’t like the HSA your employer chose for you, you can rollover the money to a provider you like for better investment options.
HSA Contribution Limit For Two Plans Or Mid-Year Changes
HSA contribution limit gets more complicated when a married couple are on different health plans or when they change insurance plans during the year.
Do The Math: HMO/PPO vs High Deductible Plan With HSA
When the premiums between a high deductible and a low deductible health plan are close, the bulk of the savings come from the tax deduction on HSA contributions.
Not All High Deductible Plans Are HSA Eligible
Just a high deductible isn’t enough. Health insurance plans must meet other criteria to become HSA-eligible.
Backdoor Roth: A Complete How-To
A step-by-step tutorial for how to do a backdoor Roth IRA, including links to articles on how to report it on the tax return.
Traditional >= Roth >= Taxable
A taxable account should still be the last resort. Max out all tax-advantaged accounts before investing in a taxable account.
The Elusive Mega Backdoor Roth
If your 401k/403b plan cooperates, you can put up to additional $35,000 per year into your Roth IRA. Find out if you are lucky or not.