A step-by-step guide on how to enter sale of shares from vested RSUs in TurboTax.
Mega Backdoor Roth In Solo 401k: Control Your Own Destiny
You can add after-tax contributions and in-service distribution to your solo 401k if you get your own plan document. It costs less than you think.
Mega Backdoor Roth and Access To Your Money Before 59-1/2
You still have good access to your money before age 59-1/2 when you do the after-tax 401k or 403b rolled over to Roth IRA.
Mega Backdoor Roth Without a Big Paycheck
You can still take advantage of non-Roth after-tax 401k or 403b contributions even if it will make your paycheck very small.
Mega Backdoor Roth Without In-Service Distribution
Even if your plan does not allow in-service distributions, chances are you should still make non-Roth after-tax contributions. Just wait until you change jobs and roll them into a Roth IRA.
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.
Solo 401k CP 214 Notice: Much Ado About Nothing
Don’t worry if you receive a CP 214 notice from the IRS. It’s just a reminder.
IRS Guidance On Circular Reference in ACA Premium Subsidy and Deduction
The IRS provided guidance on how to solve the circular reference math problem between the premium subsidy under Obamacare and the health care premium deduction for the self-employed.
Roth 401(k) for People Who Contribute the Max
[Updated on October 17, 2014 with a new example.] I said in The Case Against Roth 401(k) I think for most people the majority, if not 100%, of the contribution should go to a Traditional 401(k). I gave these reasons: Fill in lower tax brackets in retirement Avoid high state income tax Leave the option open […]
When To Claim Social Security Calculators
These free and paid online calculators will help you figure out when and how you should claim your Social Security benefits.
File Your Taxes: Person, Software, Or Online?
How should you prepare your taxes, use an accountant, buy software, or do it online? You will be surprised the best method is used by the least number of people.
Marriage Penalty or Bonus Poll Results
Readers reported whether and how much they are paying a marriage tax penalty or receiving a marriage tax bonus.