“Let’s Kill All the Lawyers”

August 20, 2012

You know, this line is from Shakespeare’s Henry VI. The line is taken out of context of course. In fact, the speaker wishes to disturb law and order to become king. Killing lawyers and judges would disturb the order of society as they represented justice in that time. I had my own reasons to take […]

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“I” is for Individual

August 15, 2012

I recently received the following question – “I’m currently in a second marriage and my wife and I would like to move our IRAs around a bit. My children are older, getting ready to retire soon, and my wife’s kids are younger with high earnings. It makes sense for us to leave the Roth IRA […]

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The Roth Emergency Fund

July 19, 2012

In financial matters there are the rules of thumb such as “save 10-15% of your income” or “have 6 months living expenses as an emergency account.” Good thoughts in general. There’s also the warning that tapping one’s retirement savings for emergencies should be avoided at all cost. When we dig deeper, personal finance is, well, […]

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IRS Cracking Down On Retirement Account Errors

June 25, 2012

The Wall Street Journal article IRA Rules Get Trickier certainly caught my attention. Were the already too-convoluted rules getting even trickier? Not really, as the title of this article confirms, the rules haven’t changed, but the IRS has announced its intention to get tough on enforcement. Note, this article’s title was exactly how fellow Usenet […]

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The Roth IRA’s Evolution

June 7, 2012

As investors, our needs change and our financial situation evolves with each phase of our life. Today, I’d like to look at six stages of your life and how Roth fits into each. Let’s start at the very beginning, you are a newborn, but a precocious one, and are keen on understanding finance. You might […]

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Roth Roulette

May 22, 2012

Today, I’d like to discuss an approach that may seem a bit out of the norm. Don’t let that scare you off, there are some lesser known strategies that are perfectly legal, they simply take advantage of the tax rules as they are written. Let me slide into this slowly. I wrote about the Roth […]

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