Ira - Get Smart About Retirement

Is It Time To Convert Your IRA To A Roth?

If you have a big wad in a pretax IRA, sit down with your accountant now....

forbes.com Dec 03 2023

Rosland Capital Gold IRA Review

"When you pay someone for retirement advice, they must give you advice that’s in your best interest, not whether it gets them the best payday," Biden said....

money.com Dec 03 2023

Red Rock Secured Gold IRA Review

Read Money's review of Red Rock Secured Gold IRA....

money.com Dec 03 2023

Roth 401(k) vs Roth IRA

According to Becker’s Hospital Review, 74 percent of doctors are either corporate or hospital employees. As of a 2021 study, ... Read more...

physicianonfire.com Nov 28 2023

Roth IRA transferred to new brokerage, 5 year clock restarts?

Had recently transferred my Roth IRA to a new brokerage firm. The original Roth was opened 10 years ago with yearly contributions. Does the 5 year clock for withdrawals restart in the new Roth IRA acc...

reddit.com Nov 28 2023

How do I find a tax advisor to guide me on IRA withdrawals and Roth conversions?

I’m 65 and plan on retiring from full time employment in 26 months. I have a military pension, 900k in retirement savings (mostly in non-Roth, unfortunately), planning on drawing SS when I retir...

reddit.com Nov 27 2023

Should You Roll Over Your Retirement Account to an IRA? Ep #200

When it comes to the question of rolling over a 401K or 403B to an IRA, many people fear making mistakes. It’s true, that retirement account mistakes can be costly. On this episode, we’ll ...

financialsymmetry.com Nov 27 2023

The Legacy IRA: The New $50,000 QCD For IRAs

A new law increases tax-free ways to give from IRAs....

forbes.com Nov 25 2023

SEP-IRA vs. Solo 401(k)

By Dr. Jim Dahle, WCI Founder If you work as an independent contractor, meaning you get a Form 1099 each pay period instead of a W-2, you're responsible for your own benefits, including a retirement p...

whitecoatinvestor.com Nov 22 2023

6 IRA Actions To Consider Before December 31

Start these actions in motion before it's too late....

forbes.com Nov 19 2023

401(k), 403(b), And IRA Contribution Limits For 2024

The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. In addition, the limit on annual con...

financialsamurai.com Nov 18 2023

I’m finally fixing my IRA asset allocation

I’m retiring in 2 years, and I’m a little upset with myself right now. I had a free consultation with Personal Capital about 5 years ago, which was great. They urged me to increase my stoc...

reddit.com Nov 18 2023

Why a Roth IRA Is a Bad Idea (Yes, You Can Lose Money)

Have you ever been swept up in the wave of unanimous praise for something, only to later discover that nearly ... Read more...

physicianonfire.com Nov 17 2023

Can High Earners Fund a Roth IRA Without Paying More Tax? - 455

Steve & Sharon in Minnesota are high earners - can they get more money into their Roth IRA without paying more tax? Should Fred in western New York do Roth conversions before required minimum dist...

purefinancial.com Nov 14 2023

Roth 403b vs Roth IRA

As of areport in 2021, nearly 6 in 10 U.S. hospitals are nonprofit. If you’re one of the many workers ... Read more...

physicianonfire.com Nov 07 2023

IRS increases 401(k) and IRA limits

The service issued its annual adjustments for retirement plans, with some reflecting changes in the SECURE 2.0 Act....

financial-planning.com Nov 07 2023

5 Steps To Become A Roth IRA Millionaire

Take these 5 simple steps to become a Roth IRA millionaire. Given enough time anyone can become a ROTH IRA Millionaire....

forbes.com Nov 07 2023

IRS Bumps 2024 401(k) Contribution Limit to $23,000

IRA limit also gets $500 boost while catch-up contribution limit remains the same...

401kspecialistmag.com Nov 02 2023

Question for the market-watchers: Would it make sense to sell shares of this mutual fund in my IRA?

I have a non-Roth Fidelity IRA which I started in 2005 that is comprised of 6 mutual funds. One of those, a now-closed fund managed by Baron Partners, has had tremendous growth over the years - as of ...

reddit.com Nov 01 2023

SEP IRA vs Simple IRA: Which Retirement Plan Is Right for You?

SEP IRA and SIMPLE IRA are two popular employer-sponsored retirement plans for small business owners and self-employed individuals. Both of ... Read more...

physicianonfire.com Oct 28 2023

Is It Ever a Good Idea to Over-Fund a Roth IRA?

Today, we talk about if it is reasonable to use 457(b) money to help fund your child's college education, how to do a 401(k) rollover and then how to rebalance it, if it makes sense to do Roth contrib...

whitecoatinvestor.com Oct 26 2023

The Mega Backdoor Roth IRA: A Comprehensive Guide (2023)

Physicians often have high incomes, which can make them ineligible to contribute to Roth IRAs directly. Luckily, there is another ... Read more...

physicianonfire.com Oct 21 2023

Can I roll over an old 401K into an self-managed IRA without paying taxes at time of this late roll-over?

I have a decent 401K from a job I left 6 years ago. I left the money there because it was doing really well. Well, now it's not. It lost money as market took a nose-dive last year. It still isn't doin...

reddit.com Oct 06 2023

Euro-denominated investments in a US 401K or Sep-IRA

Forum, I am a US citizen, preparing to retire full-time to Europe. One of my concerns is exposure to currency exchange (US to Euro). Does anyone know if it possible to hold Euro denominated investment...

reddit.com Oct 05 2023

401k with catch up and additional (Roth) IRA?

Hello-I’m over 50 so I am allowed to add an additional $7500 a year to the $22500 a year maximum 401k contribution. I am deducting the max 30k a year from my paycheck. Can I also open a Roth IRA...

reddit.com Oct 04 2023

New Jersey Selects Vestwell to Administer Latest State Auto-IRA

The 401(k) recordkeeper will serve as program administrator to New Jersey's Secure Choice…...

401kspecialistmag.com Oct 01 2023

Newbie Retiree: Cost Basis Missing for Regular IRA Account What Documentation Needed for Rolling Over to Roth IRA?

Retired unexpectedly early due to COVID in 2021. Have 3 IRA accounts: (1) Roth IRA; (2) Regular IRA; (3) SEP-IRA. Unfortunately, I have very hazy cost-basis info. First, Roth IRA gains are considered ...

reddit.com Mar 16 2023

Funding a spousal Roth IRA for a married retired man

Hello everyone. My father is set to retire at age 75. The issue is he has a TIAA retirement account which is like a 401k but not quit. It's a retirement account from a university. It seems to be somet...

reddit.com Mar 16 2023

Pension &amp Roth IRA?

Wondering if anyone has a pension & a Roth IRA account. Is it worth it? Is it too much? My company offers a pension that they pay in to, no cost to me. Our package is currently $70/month/year of s...

reddit.com Mar 15 2023

Can you contribute jan 1st to a roth ira if you haven't made the 6,500 yet but expect to for the year 2023?

I'm in CA here if that makes a difference. submitted by /u/Sorakairi89[visit reddit] [comments]...

reddit.com Mar 15 2023

Should You Separate Your Rollovers From Your Contributory IRAs?

Photo credit: jb For the most part, it is recommended to merge all of your IRA money together into a single account, to simplify record-keeping, allocation, and paperwork in general. However, there ma...

financialducksinarow.com Mar 14 2023

401a rollover to IRA

My wife has a 401a from the company she retired from and wants to roll it into an IRA at Fidelity. The employer is telling her the distribution check will be made out to Fidelity FBO her, but is also ...

reddit.com Mar 14 2023

Gold ETF in IRA

Hello ladies and gents, Whats everyone's opinion on having a Gold ETF in your IRA acct. The Google machine gives a lot of mixed feedback and I'm struggling to make an informed decision. I am early 30s...

reddit.com Mar 14 2023

What should I chose? Im just starting my roth IRA today and am planning on putting in $100 per month what should I invest in?

submitted by /u/MyNameNickk[visit reddit] [comments]...

reddit.com Mar 13 2023

Need advice on ira portfolio diversification

New to investing and recently opened a roth ira. Im wondering if this would be a good portfolio: 55% FXAIX 30% FTEC 10% FSGGX 5% FXNAX I'm 21 so I don't mind being aggressive, but wanted to know if th...

reddit.com Mar 13 2023

I have my own Roth IRA and my companies Roth 401k, how should I contribute?

I’m just coming up on year one at my newish job. Decent pay (70k but a raise is in the works in the next two months that is negotiable). I’m currently 30M. Currently have about 15k in Roth...

reddit.com Mar 13 2023

Is Roth IRA enough

I'm 33 years old and just recently started saving for retirement. Maxed out my Roth IRA last year( put it all into VOO on vanguard) and will max it out again this year, but I have no 401k at my job an...

reddit.com Mar 11 2023

DIY investing of IRA during retirement Who to use as a holding institution for funds

After doing research on the difference in returns of ESG funds/ETFs looking to DIY asset allocation. Previously using Vanguard to hold $$$$s but they are being pushed further and further into ESG. I j...

reddit.com Mar 08 2023

Backdoor Roth IRA 2023 A Step by Step Guide with Fidelity

In 2023, I made my eleventh pair of “backdoor Roth” IRA contributions. It’s a great way for high-income professionals to ... Read more...

physicianonfire.com Mar 07 2023

More reasons to keep on rolling (to an IRA, that is)

Photo credit: jb We have discussed in the past that it is usually better to rollover an old 401(k) plan from a former employer to an IRA – more flexibility in investments, (usually) lower costs,...

financialducksinarow.com Mar 06 2023

I Dont want my dad to invest his IRA into Gold. Am I wrong?

I've been super worried about my dad's plan to invest his IRA in gold, like pretty concerned about it. I understand that gold is seen as a safe investment, but I'm worried about the risks and I know H...

reddit.com Mar 06 2023

I need to decrease my taxable income or else I need to payback my Health Insurance Premium Tax Credit. How can I turn my Roth IRA to a traditional IRA for 2022?

I funded my Roth IRA for 2022 back in January 2022. Can I take that money out? And then add it to my traditional IRA? How does Vanguard know that I'm taking the money out for 2022 so that I can put th...

reddit.com Mar 06 2023

IRA Rollovers, IRA Transfers, and 15 Other IRA Basics | Sensible Money