Rescue Your Old 401k Now! Key 2024 Updates and Solutions Today’s discussion focuses on an essential topic for your financial future: rescuing your old 401(k) plan. With significant updates that took effect on January 1,… Read More
7 Vital Personal Finance Lessons Welcome to today’s journey into the heart of personal finance. We’re not diving into stocks or telling you to max out your 401(k); instead, we’re focusing on the softer side… Read More
4 Overrated Personal Finance Topics I know, I know—this post is likely to ruffle a few feathers, but I think it’s essential to address some personal finance topics that are, in my humble opinion, a… Read More
5 Traps That Can Ruin Your Roth IRA When it comes to managing retirement accounts, the Roth IRA is a popular choice due to its tax-free growth and withdrawal benefits. However, certain life events can… Read More
Unpacking the New 529 to Roth Transfer: Guidelines and Strategic Insights for 2024 and Beyond The introduction of the ability to transfer funds from a 529 plan to a Roth IRA marks a significant shift… Read More
Why You Should Prioritize Your Retirement Over Your Kids’ College Savings Today’s topic is a tough one: your retirement is more important than your kids’ college savings. As a parent of three young kids, I… Read More
Why High-Income Professionals Should Rethink IRAs: A Deep Dive into Simplification, Asset Protection, and Backdoor Roth IRAs While Individual Retirement Accounts (IRAs) are undoubtedly popular tools for retirement planning, they may not always be the… Read More
Am I Saving Enough for Retirement (with only a Solo-K)? Live Case Study! Today’s topic is an important one that many of us often ponder: “Am I saving enough?” This question came from one of… Read More
Unleashing the Power of Roth Conversions for High-Income Earners As a high-income earner, you’re likely no stranger to leveraging various financial strategies to optimize your savings and minimize your tax burden. Today, we’re diving into… Read More
While most people are familiar with retirement saving tools like a 401(k) or 403(b), fewer people are familiar with the 457(b) plan. With several different choices available, each more confusing than the other, taking control… Read More