Don't get caught with a huge tax bill. What new retirees can do to avoid one.
If newly retired American's aren't careful, tax time could be a nightmare that ends in a big tax bill. What to know to avoid ...
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Ask an Advisor: We Earn Over $350K and Can't Use a Roth IRA. Can We Do Roth Conversions Before Retiring?
Because of our income bracket – we make over $350,000 per year – we cannot contribute to a Roth anymore. We're 61 and 62, and ...
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Roth IRA Withdrawal
Roth IRA contributions can be withdrawn anytime without taxes or penalties. Converted Roth IRA funds are tax- and penalty-free after five years from Jan. 1 of the year of the conversion.
Why I Chose the Hourly Fee-Only Model
This financial advisor saw that other highly respected professionals, such as attorneys and doctors, charge a fee for their ...