It’s not hard to transfer part of your IRA from a mutual fund company to a credit union to buy CDs.
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.
You need a spreadsheet to track your Roth IRA contributions and withdrawals.
Do you know what types of questions you should ask customer service and what types of questions you shouldn’t?
A taxable account should still be the last resort. Max out all tax-advantaged accounts before investing in a taxable account.
New Vanguard solo 401k document suggests that it accepts incoming rollovers from IRAs but customer service reps still say they don’t accept. Has Vanguard been illegally refusing rollovers?
See how to avoid going out of the market when you are rolling over a 401k, especially a large amount. Don’t accidentally time the market.
You will pay an extra 10-15% tax if you convert to Roth or realize capital gains while you receive the premium subsidy under the ACA.
The Obama budget proposal is officially released last week. The proposed tax related changes are further explained in a Green Book. $3 Million Cap On Retirement Accounts First on the proposed $3 million cap on retirement accounts (p. 175 in the Green Book PDF), it’s not exactly $3 million, but actually an amount enough to […]
When it comes to Traditional and Roth IRAs, convert and recharacterize means different things even though they both involve changing something. Make sure you use the right word.
The news media, Internet discussion boards and Twitter are full of protests about two things in President Obama’s budget proposal, leaked to the press before its official release: chained CPI for Social Security and cap on retirement accounts. First of all, these are only proposals. The President does not make law. The proposals get fed […]
It’s a new year. The IRA contribution limit has gone up by $500 to $5,500 ($6,500 if you are 50 or older). Have you made your IRA contribution for 2013 yet? I haven’t. I’m going to continue with my experiment with buying on a dip. Last year I bought Vanguard Total International Stock Index Fund […]