Selecting investments to match your time horizon is arguably the #1 rule in investing. If you have a long time horizon, you can invest more in volatile investments with a better long-term expected ...
Backdoor Roth: A Complete How-To
Although I believe a traditional deductible IRA is often better than a Roth IRA, a Roth IRA is still better than a taxable account if you aren't eligible for a deductible contribution to a traditional ...
Executing Mega Backdoor Roth In Solo 401k
At the end of 2014, I amended and restated my solo 401k plan from a prototype plan sponsored by Fidelity to a prototype plan sponsored by Ascensus. I did that in order to enable non-Roth after-tax ...
Rollover a 529 Account From One Plan To Another
A reader alerted me that the interest rate on Virginia's CollegeWealth 529 plan invested in a BB&T savings account had been lowered from 2.25% to 1.00%. The other bank in the same plan Union Bank ...
Mega Backdoor Roth In Solo 401k: Control Your Own Destiny
Today we revisit the issue of doing the mega backdoor Roth in a solo 401k for those of you who are self-employed. For more background on solo 401k, please read Solo 401k When You Have Self-Employment ...
Mega Backdoor Roth and Access To Your Money Before 59-1/2
In other articles I showed that contributing to after-tax 401k/403b and rolling it over to Roth IRA (the "mega backdoor Roth") is great if your 401k/403b plan allows it. It's still worth it even if ...