Christine Benz: Hi, I'm Christine Benz from Morningstar.The Secure Act ushered in new rules for inherited IRAs
Solo 401(k)s — in addition to company 401(k)s — can help clients save additional retirement money on an after-tax basis, even with the possibility of converting them to mega backdoor Roth IRAs, but there are rules, according to Ian Berger, an IRA analyst with Ed Slott & Co.
Say you started with $40,000 in before-tax contributions to non-Roth IRAs and another $10,000 in after-tax contributions to other non-Roth IRAs.That means 80% of your total non-Roth IRA accounts were made with pre-tax dollars
Christine Benz: Hi, I'm Christine Benz from Morningstar.For charitably inclined older adults, a qualified charitable distribution often beats making a charitable contribution and deducting it on your tax return
Saving for retirement? Good start. But almost everyone has something to learn about optimizing their individual retirement account from IRA strategist Ed Slott. Also, the next round of retirement-planning changes Congress is eyeing.
The entire cryptocurrency market climbed to more than $2 trillion over the weekend for the first time since mid-May.
Bitcoin, one of the more popular digital offerings, also surged to more than $48,000, though it has already lost some of those gains.
If you’re like many investors, you may be wondering how you can get in on the action.That could include your retirement savings vehicles, such as individual retirement accounts.
Christine Benz: Hi, I’m Christine Benz from Morningstar. How can you supersize your Roth IRA balance? Joining me to discuss the mega backdoor Roth IRA is author and tax-planning expert Ed Slott.
In this week’s podcast, Ben Johnson talks about the future of direct indexing, Christine Benz shares valuable tips for pre-retirees, David Harrell shows us how to find a stable dividend, and Ed Slott prepares investors for possible tax changes.
Christine Benz: Hi, I'm Christine Benz from Morningstar.With prospective tax changes on the horizon, is now the right time to start gifting assets and pursuing other such strategies
When saving for retirement, investing in either a traditional 401(k) or a Roth 401(k) is a smart idea if your employer offers one.But they aren’t exactly the same
