Article Roth IRA FAQ May 16, 2023 Roth IRAs have some impressive tax advantages that make them appealing. Here are answers to some frequently asked questions.Read Morekeyboard_arrow_right
Article The Roth IRA Path to Millions April 26, 2023 The idea of investing in a Roth IRA as a teenager and becoming a millionaire may convince your loved one to pay attention.Read Morekeyboard_arrow_right
Video The Basics of Inherited IRAs By Andrew Busa — February 14, 2023 Manager of Financial Planning Andrew Busa explains changes to the rules surrounding Inherited IRAs following the passing of the SECURE Act.Watch Nowkeyboard_arrow_right
Article The ‘Mega Backdoor’ Roth IRA By Vanessa Carter-Witt — August 8, 2022 We’re big fans of Roth IRAs. Who doesn’t love tax-free growth? But Roth IRAs come with limitations on who can contribute to them—and how much they can contribute—based on annual income. There’s a workaround, however. One fairly common strategy that skirts these limitations is the “backdoor” Roth conversion—you roll (or transfer) funds … Read Morekeyboard_arrow_right
Article Roth Conversion Checklist July 25, 2022 Roth IRAs are a smart option right now—but should you trade in your traditional IRA for one? The answer comes down to taxes. Money placed in a Roth IRA can grow tax-free and be withdrawn without a levy in retirement. By contrast, contributions to a traditional IRA also grow tax-free, but you … Read Morekeyboard_arrow_right
Article Planning in Your 50s: Catch-Up Contributions January 18, 2023 Turning 50 is momentous for so many reasons—including the extra boost it can provide to your retirement savings. The IRS limits how much you can contribute to tax-advantaged retirement accounts each year. In 2022, that limit is $6,500 to individual retirement accounts (IRAs) and $22,500 to 401(k)s and other workplace retirement plans … Read Morekeyboard_arrow_right
Guide Special Report Why Convert From a Traditional IRA to a Roth IRA? February 12, 2022 It's One of the Smartest Tax Moves You Can Make The Roth IRA may be the best retirement savings vehicle available to the American investor today. Whether you are young or old, a white-collar worker or a business owner, this type of account is a fantastic investment choice. Special features like … Read Morekeyboard_arrow_right
Video Backdoor Roths on the Chopping Block November 26, 2021 The “backdoor Roth” may be in peril—but there’s still time for you to take advantage of this important retirement savings strategy. Andrew Busa, manager of financial planning, discusses why backdoor Roth conversions can be so crucial to your financial plan, and what it would mean if the Biden administration’s … Watch Nowkeyboard_arrow_right
Podcast All About Roth IRAs By Andrew Busa, Rick Winters — October 21, 2020 Roth IRAs—you may have heard of this type of individual retirement account, but do you know how a Roth really works? In this episode of The Adviser You Can Talk To Podcast, our financial planning specialists Andrew Busa and Rick Winters provide an in-depth explanation of the uses and benefits of the … Listen Nowkeyboard_arrow_right
Article Roth IRAs: When to Convert From a Traditional IRA August 28, 2020 Roth IRAs are a powerful retirement-savings vehicle, but should you trade in your traditional IRA for one? The answer comes down to taxes. Roth IRAs are popular because your money not only grows tax-free but can also be withdrawn during retirement without paying taxes—whereas money in a traditional IRA grows tax-free but … Read Morekeyboard_arrow_right