Mega Backdoor Roth IRA

April 1, 2023 | 0 views

The Roth IRA is a retirement savings account in which you invest only after-tax dollars. Subsequently, all earnings grow tax-free and may be withdrawn tax-free. However, there are limits to who can contribute and how much they can contribute to...

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Multigenerational College Planning with a Family Dynasty 529 Plan

March 1, 2023 | 0 views

The College Savings 529 plan offers a way for modest-income families to save and invest for college expenses for their children as early as birth up to college age. When invested 529 funds are used to pay for the beneficiary’s...

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401(k) Options After You Leave an Employer

February 1, 2023 | 0 views

Apart from the spike in inflation, 2023 ended the year with a relatively strong economy, boasting an unemployment rate of 3.5 percent (below the market forecast of 3.7 percent) with increases in wages, corporate profits, and economic growth over the...

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No-Heir Estate Planning

January 1, 2023 | 0 views

Even if you have no heirs, you should have an estate plan. Otherwise, the state will determine the fate of your worldly possessions. In fact, if you pass away “intestate” (without a will), the state can even keep all of...

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Retirement Tax Planning For 2023

December 1, 2022 | 0 views

Although you might get busy with the holiday season, don’t forget to consider ways to strengthen tax efficiencies for 2023 and beyond.2023 Retirement Contribution IncreasesSet up your accounts to automatically defer money to meet the new increases in retirement contributions...

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