Roth IRAs

Here’s how receiving investments on a stepped-up cost basis can save a client’s inheritance.

Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.

A new line of mutual funds can help retirees manage their RMDs – which many fail to take – and avoid the hefty penalty.

Continuously increasing the FRA is particularly hard on lower-income workers because they tend to retire early.

If implemented, wealthy clients may consider making charitable donations and waiting until next year to realize income.

Retirees are advised to find gigs that suit them and have realistic expectations about the work they do.

More people are planning to wait to file for benefits, but just 25% are even aware of their full retirement age.

The accounting method can deliver attractive savings, along with protecting nature or farmland.

A couple who expects to earn a bigger income in the future is advised to convert part of their IRA into a Roth now while they are in a lower tax bracket.

Dependent care flex spending accounts can help clients mitigate child care costs, but also reduce tax credits otherwise available.

There are risks to this approach, however.

Here’s how to decide whether your client should select the traditional or Roth IRA to put away for retirement and boost their savings.

Each plan has pros and cons: Clients who own a Roth IRA for at least 5 years are entitled to penalty-free withdrawals for education expenses, but they'll owe income taxes on those earnings.

Education around these rules can prevent an increase in their tax bills.

These products are meant for short- and intermediate-term investing and should carry enough risk to grow and meet the goals over time.

One important somber step for 40-something clients is to consider what happens to their assets when they die.

How IRA conversions can come at a steep price for clients. Plus, ways to dodge a surprise bill from the IRS.

A reverse rollover from IRAs to other retirement plans is an option that enables investors to improve their tax efficiency.

Everyone knows the mantra buy low, sell high, but they do the exact opposite because they don’t know their own risk tolerance.

Many workers think hey are not allowed to contribute to a 401(k), a traditional IRA and a Roth IRA in the same year, which is untrue.