How Much Money Should You Convert to a Roth Each Year?
A Roth conversion allows you to turn funds in a traditional IRA into a Roth IRA. As a result, you…
Should You Empty Your IRA by Age 73?
Emptying your IRA at any age typically isn’t a good idea. But you may want to consider drawing down some…
Biggest Roth IRA Blunders High-Earners Can Make
A backdoor Roth IRA can help high earners build tax-free retirement savings, but the details matter. zimmytws/shutterstockA Roth IRA can…
Tax-Savvy Ways to Leave Money to Your Kids
For many families, it’s essential to provide some kind of a financial safety net to your children. But if you’re…
What High Earners Need to Know About Deferred Compensation Plans
A deferred compensation plan is a contractual agreement between an employee and an employer that allows the worker to delay…
How to Use the Bucket Strategy Like a Pro
After decades of hard work and diligent savings, you may be ready to crack open your nest egg to fund…
Dividend ETFs vs. Bond Funds: Which Is Right for Retirees
Dividend ETFs and bond funds can each play an important role in a retirement income strategy. Jack_the_sparow/ShutterstockAs investors near retirement…
Estate Planning Mistakes Even the Wealthy Can Fall For
Keeping your estate plan current is just as important as creating one in the first place. Vitalii Vodolazskyi/ShutterstockYou may have…
The Roth Conversion Sweet Spot
Strategic Roth conversions may help retirees avoid larger tax bills later in life. Andrey_Popov/ShutterstockOne of the main benefits of a…
Financially Savvy Ways to Use Your RMDs
Once RMDs begin, smart planning can help turn mandatory withdrawals into a financial advantage. evan_huang/ShutterstockWhen you reach age 73, you’ll…
Should You Drain Brokerage Accounts First in Retirement?
Taking withdrawals proportionally from multiple account types can help reduce tax shocks in retirement. MK Lasek/ShutterstockYou may have heard that…
What Do I Do After Maxing Out My 401(k) and IRA?
Reaching your 401(k) and IRA limits opens the door to other tax-smart wealth-building strategies. Cagkan Sayin/ShutterstockIf you’ve maxed out your…