When does it make sense to convert a Traditional IRA to a Roth IRA?
We all know that contributing to retirement accounts early and often is good advice, but many of our clients question whether it is more beneficial to invest in a traditional IRA or Roth IRA. The answer to this is different for every client and depends upon the expected cash flows during their working years and […]
Catch-Up Retirement Contributions
Experts recommend investing for retirement early and often. When life gets in the way, however, that ideal may not be achievable. The government has provisions in place to help employees over the age of 50 either get on track or augment already solid savings. The retirement account contribution limits for employees over 50 is larger […]
Self-Directed Retirement Accounts: Possibilities and Pitfalls
Accountants and financial advisors alike agree that investing in tax-advantaged retirement accounts like 401(k)s and IRAs are a great way to save for retirement. Many investors save money on taxes in the year they contribute to the account, and the contributions grow tax-free for decades until the account holder withdraws the funds. Other investors may […]
