Ira - Get Smart About Retirement

How do you get rid of IRA contribution anxiety?

submitted by /u/rar2929[visit reddit] [comments]...

reddit.com Feb 20 2023

One advantage to having a brokerage account vs. 401k/IRA/etc.

I've recently started looking at a bit of estate planning as I am aging. I am still a number of years from retirement, but my health isn't perfect and given my family history, I probably won't be arou...

reddit.com Feb 17 2023

Can a reverse rollover from an IRA to a 401k reset your contribution limit for the year?

If someone where to invest the max IRA contribution limit of $6,500, then turn around and roll that over into an employer 401k, would that then reset your IRA contributions for the year? Allowing you ...

reddit.com Feb 15 2023

Robinhood Roth IRA vs Acorns

I want to clarify that the Robinhood Roth IRA is the better option when compared to the Acorns Roth IRA. From what I understand, Robinhood offers 1% matching and no monthly fee. Acorns does not match,...

reddit.com Feb 12 2023

Roth IRA

I will be 70 later this year and working part time. I opened a Roth account late last year because I had already maxed out my 403B. I thought it would help taxwise, I was wrong. I found out in January...

reddit.com Feb 07 2023

Roth IRA yearly reset

You can contribute $6000 per year to your Roth IRA, but when does that “year” reset? Is it calendar year, meaning it resets in January? submitted by /u/AtuinTurtle[visit reddit] [comments]...

reddit.com Feb 05 2023

Roth IRA invested in TDF - Pros and Cons

I know taken into account how much is invested and the glide path tends to be more conservative shifting to bonds down towards retirement. Anything else to be aware of? submitted by /u/Ok_Assignment41...

reddit.com Feb 04 2023

7 Best Roth IRA Accounts of 2023

The oldest millennials are now in their 40s, and many are way behind in retirement savings. Fortunately, there's time to turn things around....

money.com Feb 03 2023

A Limited Return Of The Stretch IRA? – SECURE 2.0’s New Surviving Spouse Rule

SECURE 2.0 introduces a significant new provision for the surviving spouse of a deceased participant in an employer retirement plan. The new law enhances tax treatments for surviving spouses, especial...

forbes.com Feb 02 2023

Using your 401K or IRA to fund early retirement without penalty > - Leisure Freak

Using your 401K or IRA to fund early retirement without penalty can be done under certain conditions. There are a couple of methods to take early withdrawal...

leisurefreak.com Feb 01 2023

Help on SEP IRA and traditional IRA contribution

Basically, I am a self-employed independent contractor who gets Form 1099. Therefore I contribute to a SEP IRA normally. However, last year I also had a bit of income as an employee elsewhere so I got...

reddit.com Jan 31 2023

Rolling Over Leftover 529 Funds Into A Roth IRA: Who Cares?

A 529 plan is one of the best generational wealth transfer tools. Instead of just giving our kids or grandchildren money, it’s way better to give them the gift of education. Thanks to the SECURE...

financialsamurai.com Jan 30 2023

How A 529 Plan To Child IRA Conversion Can Turn Your Teen Into A Middle-Class Millionaire

Beginning in 2024, you can convert your child’s 529 plan to a Roth IRA. This backdoor Child IRA now becomes a valuable planning tool. Here’s a step-by-step process you can start today....

forbes.com Jan 28 2023

How to Avoid 5 Common Mistakes With Your IRA and 401K!

How much money have you saved in your IRA and 401K? Making contributions to one of these tax-deferred retirement accounts is the easy part. But withdrawing this money in retirement gets complicated. T...

bossretirement.com Jan 28 2023

My job is being eliminated and I will get a severance package. Is that considered income for IRS limits on Roth IRA contributions?

'Is it possible to contribute to a new 401(k) account to get additional matching?'...

marketwatch.com Jan 27 2023

IRA reinvestment that's low risk

My 70 year old retired mom has a IRA that's she has to withdraw from, roughly $150K. She wants to reinvest in a consistently well performing but low/moderate risk fund. I'd be very grateful for recomm...

reddit.com Jan 26 2023

Biggest Changes To Retirement Accounts Due To New 401(k) And IRA Rules | Bankrate

The SECURE Act 2.0 became law in the last days of 2022, and the act provides new assistance for retirement savers, small businesses and many others....

bankrate.com Jan 24 2023

Considering a Roth IRA Conversion? 6 Reasons It Makes Sense

Avoiding possibly higher taxes in retirement, having no RMDs and the markets being lower are just three reasons to switch to a Roth IRA....

kiplinger.com Jan 22 2023

Roth TSP vs Roth IRA: How Do They Compare? | Personal Capital

Roth TSP vs Roth IRA: If you’re a U.S. military member or a federal government employee, you're eligible for both. Discover which plan is right for you....

personalcapital.com Sep 13 2022

Can I Contribute To A 401k And An IRA? | Personal Capital

Can you contribute to a 401k and an IRA? The answer is yes! There are three common examples of how it can be done. This type of retirement saving can add up....

personalcapital.com Aug 15 2022

Roth IRA Conversion Calculator | Personal Capital

Estimate how much more or less you would owe in taxes by converting some or all of your account to a Roth with our easy-to-use Roth IRA conversion calculator....

personalcapital.com Jul 27 2022

Roth 401k vs. Roth IRA: Key Differences | Personal Capital

The biggest differences between a Roth 401k vs a Roth IRA are contribution limits, eligibility criteria, and required minimum distributions in retirement....

personalcapital.com Apr 27 2022

Mega Backdoor Roth: Convert Within Plan or Out to Roth IRA?

When your 401k-type plan allows non-Roth after-tax contributions, you can take the money out to a Roth IRA or convert to Roth within the plan. Either way works....

thefinancebuff.com Apr 26 2016

Multiple Roth IRA Conversion Strategy

A Roth conversion can be a smart move. But it can be made even smarter if you use more than one Roth IRA to do it, then recharacterize the underperformers....

whitecoatinvestor.com May 04 2015

Grandparents' Guide to 529 Plans for College and Private School

K-12 tuition, tax breaks, and Roth IRA rollovers: How grandparents can make the most of a 529 plan.

kiplinger.com Sep 23 2026

Year-End Retirement Savings Moves: Finish 2026 Strong

Before 2026 ends, review your retirement savings, consider increasing 401(k) and IRA contributions, use eligible catch-up contributions, and rebalance your investments. For 2026, new Roth catch-up rul...

401kmaneuver.com Sep 21 2026

The Hidden Costs of Inheriting an Investment Portfolio

Inheriting a portfolio isn't as straightforward as it may seem. Taxes, missed IRA deadlines and high fees can impact how much you'll actually receive.

kiplinger.com Sep 15 2026

People who wait till 70 to take social security -how does it work?

I'm probably going to stop working at age 66. I'm curious about the idea of withdrawing from my IRA / Roth IRA after I stop work and delay SS until age 70. Im not married. Im not from a family that li...

reddit.com Sep 12 2026

5 ways advisors can help clients maximize 401(k) savings

Today is National 401(k) Day, and a perfect moment to revisit retirement plans. Advisors can use these five strategies — from IRA rollovers to next-gen outreach — to help clients optimize their saving...

financial-planning.com Sep 12 2026

Close to full retirement finances

I'm 63 and started collecting Social Security this year. I had a heart attack last year that did some permanent damage. I still work 2 days a week in HVAC. And pretty much light duty. I have a IRA wit...

reddit.com Sep 03 2026

I guess I don’t understand how investment accounts work?

I’m retired a few years earlier than I meant to do, and have been living on my IRA for the past year, and will also live on it for the coming year, until I’m able to start claiming SS as well. I don’t...

reddit.com Aug 29 2026

Am I Missing Something in my thinking?

Hi - I have not been able to save a lot of money for retirement. I do have two pensions,I max out my HSA and have about $20k invested there, and about $20k in an emergency fund, and $200k in IRA type ...

reddit.com Aug 26 2026

Three Retirement Tax Traps That Can Destroy Generational Wealth

Ed Slott is one of the best tax experts in the country. He has said many times that an “IRA is an IOU to the IRS.” Simply stated, your large 401k accounts and Personal IRA’s have 3 huge TAX problems f...

commonfinancialsense.com Aug 19 2026

How to Pull Off a $1.2 Million Roth Conversion While Earning $140K

Discover how a 69-year-old engineer can successfully convert a $1.2 million IRA to a Roth before RMDs begin. Learn about IRMAA, tax issues and legacy planning.

kiplinger.com Aug 11 2026

Retirees: How old were you, and did you have enough saved?

I'm getting close to retirement and would love to hear some real-world experiences. How old were you when you retired, and roughly how much did you have saved (401k, IRA, pension, investments, etc.)? ...

reddit.com Aug 07 2026

When to draw Social Security

claiming Social Security early has a benefit that is rarely discussed. The combined annual benefit for my wife and I is about $45,000. Drawing this amount instead of withdrawing this from our IRA, all...

community.aarp.org Aug 03 2026

The Penalty For Missing RMDs Was Reduced, But It Still Is Steep

The IRS penalizes taxpayers who did not take their full required minimum distributions. IRA owners should know about the penalty and how to avoid or minimize it.

forbes.com Jul 29 2026

Don't miss the Roth Conversion window (I did)

For those who are between 59 1/2 and 65, do look into doing (some) Roth conversions within your IRA/401K accounts. If you don't, you may end up in a bind in the future. I did not do any Roth conversio...

reddit.com Jul 06 2026

Understanding the overall benefits of QCDs

I'm preparing for RMDs. I normally make a series of charitable contributions, which are at least partially funded by Regular IRA withdrawals. From what I understand, QCDs can be beneficial in the foll...

reddit.com Jul 04 2026

Retirement accounts all in one place?

What is the down-side, if any of having all your retirement accounts in one place, like Fidelity or Vanguard? I have a few rollover 401ks, a Roth and a traditional IRA scattered about. I'm thinking in...

reddit.com Jun 23 2026

IRAs vs. trusts: A choice involving taxes, new rules and client needs

Many retirement savers will have no trouble choosing between an IRA or a trust. But experts say there are some important factors that add complication to the decision.

financial-planning.com Jun 22 2026

RMDs, are there pitfalls? I need information

I've know that RMDs can create a bigger tax burden when they start. We have a traditional IRA. I (67) am already taking SS, my husband (69) will be taking it a year from now, and since we'd consider i...

reddit.com May 23 2026

How does variability of retirement account balance affect your withdrawals

My IRA balance is constantly variable. It’s not the same today as it was last week, last month, last year. I see rules like the 4% rule and other calculations based on account balance used as a guide ...

reddit.com May 10 2026

I'm a Financial Planner: If You're Too Rich for a Roth, Consider a Mega Backdoor Roth (This Is How It Works)

A mega backdoor Roth IRA allows high-income earners to potentially move tens of thousands of dollars into a tax-free retirement account. This is how it works.

kiplinger.com May 09 2026

What to Do with Your 401(k) When Changing Jobs

When you leave a job, you have several options for your 401(k), including leave it, roll it over to an IRA or your new 40(k), or cash it out. Each choice has different tax implications and can impact ...

401kmaneuver.com May 04 2026

Hurricane Harvey Victims Eligible for Emergency Retirement Withdrawals

Here’s how your 401(k), IRA and Social Security can help you pay for storm-related costs.

money.usnews.com Apr 26 2026

5 Ways Obama Wants to Change Retirement Accounts

President Obama will propose new 401(k) and IRA rules in his 2017 budget.

money.usnews.com Apr 26 2026

Average Retirement Savings by Age: See What Americans Have Saved

Median retirement savings hit $185,000 at ages 55 to 64. Here’s how 401(k), IRA, and total balances compare across age groups. The post Average Retirement Savings by Age: See What Americans Have Saved...

boldin.com Apr 24 2026

The Fiduciary Rule is Gone (Again): Why Your Retirement Safety Net Just Shrank

A court ruling means one-time IRA rollover recommendations are no longer automatically considered fiduciary advice, and savers must protect their own backs.

kiplinger.com Apr 24 2026

Financial Mistakes High-Income Professionals Should Avoid with Amanda Harrell

An interview with FPL's Amanda Harrell, where we talk through how to handle a 401(k) rollover without blowing up your Backdoor Roth IRA, whether direct indexing is really worth it, and what to think a...

whitecoatinvestor.com Apr 23 2026