Roth IRA accounts differ from other IRAs in that your contributions are made in after-tax dollars. If you follow the Roth IRA rules, your withdrawals of any earnings in the account can be tax-free. Thanks to this tax-free provision, Roth IRAs can be a powerful tool in creating long-term …
10 Financial Best Practices to Jump-Start Your New Year
Happy Holidays! As we wrap up the current year, one of the best presents you can bestow on yourself and your loved ones is the gift of proper preparation. Want to get a jump-start on 2021? Here are 10 financial best practices to energize your wealth management efforts. 1. Save today for a better …
Tax Shifting Ideas to Reduce Your Bill to Uncle Sam
Tax experts often talk about shifting your tax burden from one year to the next. While in theory it may make sense, how can you make it work for you in practice? The Concept Since the tax code is complex in its construction, there are often opportunities to reduce your tax burden by controlling …
