As I press into my passion to teach women about investing and empower them to take control of their financial futures, a recurring roadblock is emerging, repeated by woman after woman and it is being echoed in article after article that I read; my sisters don’t know HOW or WHERE to start investing. 1,114 more words
Tags » Traditional IRA
- Roth IRAs provide tax-free earnings’ accumulation
- Traditional IRA to Roth IRA conversions can be made
- If this year is a low or negative income year, you will pay little or no conversion tax 256 more words
In today’s economic environment, finding efficient ways to save for retirement is becoming increasingly important. Making the most of your hard-earned income was made easier with the passage of the Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”). 557 more words
1. What if I have a $1 million 401k, can I convert that to a Roth IRA?
This was a real question, but a hypothetical what-if scenario to understand the Roth IRA conversion limitations. 466 more words