IRA

Do you have an inherited IRA? Here’s how to strategize your desired withdrawals Loaner

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Vizques / Shutterstock.com When you inherit an IRA, it’s more than just a financial windfall; It’s also a responsibility. The rules governing inherited IRAs are complex and can significantly affect how much you end up with after taxes, as well as how your money is managed over the long term. Whether you’re navigating SECURE Act … Read more

Mega Backdoor Roth IRA: Boost Your Retirement Savings Loaner

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Since I started saving for retirement in 1999, I’ve been a proponent of tax-deferred retirement vehicles like the 401(k) and a skeptic of now-taxable vehicles like the Roth IRA. Working in banking, I was already paying taxes and had no desire to pay more. Honestly, I wasn’t familiar with a Roth IRA or a jumbo … Read more