A graphical illustration of what happens when you do a Roth IRA conversion.
One-Time Transfer From IRA To HSA: Forget About It
The qualified HSA funding distribution is practically useless.
Stop Wasting Money On Doing Your Taxes
If you use a brick-and-mortar tax business for doing your tax returns, you pay hundreds of dollars, when you can do it all free with software. Stop throwing away your hard-earned money!
Calculator: Sell Your Home For Tax Free Capital Gains
This calculator helps you decide whether you should sell and re-buy your home in order to eliminate or reduce future capital gains tax.
Gift To Adult Children’s Roth IRA
Can you contribute to your adult children’s Roth IRA? Yes, but …
Age 55 No-Penalty Withdrawals From 401k Plan
The special rule for no-penalty withdrawals from a 401k plan at 55 actually isn’t that useful.
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.
Maintain A Roth IRA Contributions and Withdrawals Spreadsheet
You need a spreadsheet to track your Roth IRA contributions and withdrawals.
HSA Money: Cover Expenses Now or Let It Grow?
Although you can save receipts forever and treat your HSA like a stealth IRA, I choose not to.
How To Report Backdoor Roth In TaxACT
Step-by-step walkthrough with screenshots for how to report backdoor Roth in TaxACT.
Executing Mega Backdoor Roth In Solo 401k
Executing a mega backdoor Roth in a solo 401k require these steps: elect contribution, make contribution, make distribution, issue 1099-R.
HSA and FSA In The Same Year
You can have HSA and FSA in the same year.