When people meet me and learn that I'm a financial author and coach, they inevitably have a money question or two that they want to run by me. Lately, an increasing number of people that I've met in ... Read More about 8 Smart Reasons to Never Raid Your 401(k)
Does the thought of doubling your retirement money in five years get you pumped up? It doesn’t matter if your money is in a workplace retirement plan or an IRA, you can accomplish this goal. Keep ... Read More about Double the Value of Your Retirement Account in Five Years
Roth IRAs are one of my favorite investment vehicles because they offer great tax benefits, especially now that the IRS removed the income limitations for Roth IRA conversions, making Roth IRAs more ... Read More about How to Max Out Your Roth IRA Contributions
Along with your IRAs and real estate investments, your 401(k) fund can be a pillar of your retirement planning. Accounts like 401(k)s exist to shield your savings from taxes while your money grows ... Read More about How to Make a 401k Hardship Withdrawal
A 401k plan is designed to help you save money for your retirement years. Ideally, you contribute to the plan throughout your working years, and your contributions and earnings compound until you ... Read More about How to Take a 401k Loan – And Why You Shouldn’t
A Roth IRA conversion is when you convert money from a Traditional IRA into a Roth IRA. Why would you want to convert to a Roth IRA? Because depending on your financial and tax situation, Roth IRAs ... Read More about Roth IRA Conversion Guide – What You Need to Know Before Converting Your IRA
Roth IRAs are a great investment tool for retirement planning. But there are certain rules regarding Roth IRA contribution limits that you need to be aware of. For example, contributing too much to a ... Read More about What if You Contribute Too Much to a Roth IRA?
The Roth IRA is a great investment option that offers tax-free growth and tax diversification and is an important part of many people's retirement planning. Unfortunately, things don't always go as ... Read More about Roth IRA Withdrawal Rules – How and When You Can Access Your Funds
I recently rolled over a 401k plan from my former employer sponsored plan into a Rollover IRA at Vanguard. Rolling a 401k into an IRA is not a difficult process, but it does take a little time and ... Read More about How to do a 401k Rollover at Vanguard
Graduating from college and entering the "real world" is an exciting and sometimes stressful time - you start your first job and begin an independent life in all respects, including handling all ... Read More about Should Young Investors Choose a Traditional IRA or Roth IRA?