“The benefits of owning a Roth IRA are nothing short of amazing,” declares the author of today’s article, pointing in particular to the fact that money in a Roth IRA grows tax-free and is withdrawn tax-free. Of course, taxes are paid on money converted from a regular IRA to a Roth IRA, but, as the author proceeds to outline, with…
A financially secure retirement requires making a number of critical decisions – and if you want to ensure that you make the right decisions at the right time, the author of today’s article advises that you think of retirement as consisting of four phases, with Phase No.1 beginning at age 55. From opening a Roth IRA to buying long-term care…
“There will never be a better time than now,” declares one tax attorney cited in today’s article in regards to converting your traditional IRA to a Roth IRA. And many financial planners are expressing the same sentiment. Why? The GOP tax bill reduced most rates, and converting now allows individuals to pay taxes on retirement savings at a lower rate…