This Retirement Saving Strategy For High-Income Earners Has Gotten The Okay. Is It For You?

2018-07-29 19_34_26-10+ Beautiful Income Photos · Pexels · Free Stock PhotosIf you’re a high-income earner, you might think that one popular retirement-saving vehicle – the Roth IRA – is not available to you due to IRS-imposed restrictions on who can contribute to these accounts. One strategy for high-income earners to get around these restrictions is the “backdoor Roth” – and while there has been concern about this strategy, the new tax legislation appears to give it the green light. So does a backdoor Roth make sense for you? CLICK HERE for some considerations.

Read More

2018’s Potential Potholes On The Path To Retirement

2018-01-17 14_15_25-Morguefile free photographs for commercial useThe stock market is rising, tax rates are falling, and the final GOP tax reform bill didn’t make dramatic changes to 401(k) contributions. All of this would seem to be good news for retirees and retirement savers. However, today’s article outlines a number of things that retirees and those approaching retirement may be wise to keep an eye on this year – including possible Medicare and Social Security cutbacks, the “double-edged sword” of higher interest rates, the elimination of Roth “do-overs”, and more. For more, CLICK HERE.

Read More