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
Imagine spending a lifetime building a retirement account only to have your beneficiaries lose it in one fell swoop: They mishandle the account, triggering tax on the entire inherited individual retirement account.
IRA data released from the Joint Committee on Taxation revealing some mega-million dollar IRA and Roth IRA balances has set off alarm bells, with Congress citing shock and “abuse” and looking for something to do about this.But there is really no story here when you look at the numbers
F is for Fun.And we have a ton of fun today talking to Rob Phelan about his new children’s book M is for Money. He was inspired by reading with his own son and realizing there weren’t any books on the market that teach basic personal finance to kids
CPA and IRA expert Ed Slott joins host J.R.Whalen to explain the "Mega Backdoor Roth IRA Conversion," a little-known technique allowing people to make annual tax-free retirement account contributions above government-imposed limits
2021 is the last year your clients can use their retirement funds for unlimited charitable giving as a result of provisions in recent tax laws.
If you inherited an individual retirement account from someone who died after 2019, a recent change in federal tax rules could affect the manner in which you make withdrawals known as required minimum distributions, or RMDs.
