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Why All Investors Should Fund A ‘Back Door’ Roth IRA

Investors with earned income can fund a Roth IRA for up to $6,000 annually.  Investors age 50 and older can fund an additional $1,000 with a ‘Catch-up” contribution for a total of $7,000 annually.   Earned income is from working as


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3 Reasons to Do a Roth Conversion to Save Taxes

3 fingers held up

A Roth Conversion is when you take a distribution from an IRA, tax it and rollover the proceeds within 60 days into a Roth IRA.  In lieu of getting a check, have the funds sent from the IRA to the


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How to Use a Roth IRA to Purchase Your First House

  It can be difficult for younger people to save up to purchase their first house.  Paying rent, making a car payment and perhaps paying off a student loan can drain your cash flow. While a Roth IRA is designed


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3 Proven Reasons Young Investors Should Fund a Roth IRA and Roth 401(k) to Save

Time As the Rolling Stones said, “Time is on my side.” And so it is with younger investors, time is clearly on their side.  The benefit to a Roth IRA or Roth 401(k) plan is that if all of the


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3 Easy Steps For Mid-Year Tax Planning

Half the year is in the books.  Many people are playing golf, going to the beach or having a barbeque. It is also the time however to have your Mid-Year Tax Planning. Here are 3 Easy Steps to make this


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