No More Quarterly Tax Payments

June 19, 2013

When my Father in-law passed away and I picked up the tax and investing responsibility for my Mother in-law, the first thing she shared with me was that my Father in-law had a quarterly ritual of partial tax payments. I continued the conversation and talked about RMDs, the required minimum distributions she was taking from […]

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Roth 401(k) Double Jeopardy

June 3, 2013

I’m not talking about the game show. And I’m not referencing the delightful thriller staring Ashley Judd. Today, I’m talking about a very odd quirk that should make you think long and hard about how you fund your Roth 401(k) if the annual expense is anywhere north of .5%. And I’m going to do this […]

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The Step Transaction Doctrine

May 6, 2013

I love getting and answering questions. Often, it’s too late, a reader already did something, and enough time has passed that there’s little to be done. When I’m contacted first and can save a reader from a potential mistake, that’s a good day for me. I found this one particularly intriguing. First, the question from […]

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IRA Deadline Approaches – 2013

April 9, 2013

The tax deadline, April 15th is nearly here and if you’ve not caught my Last Minute Tax Tips if You’re Still Working on Your Tax Return, it’s a good time to do so. Here, I focus on the Roth IRA, and its cousins, the Roth 401(k) and the Traditional IRA. As you work on your return, […]

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Did you convert to Roth in 2010?

February 19, 2013

Normally, when you convert any retirement money to a Roth IRA, the tax is calculated and due for that tax year. 2010 was a special year. It was in 2010 that the Roth conversion cap of $100K adjusted gross income was lifted and the stampede to convert to Roth began. As an added incentive to […]

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Introducing the Roth 401(k) Conversion!

January 9, 2013

There are times the news is so exciting I’d like to queue up the musical piece Thus Spoke Zarathustra, you may know it as the theme from 2001; A Space Odyssey. You know already that we’ve gone Over The Cliff and Back Again. But, chances are good you didn’t know that H.R.8, “An Act to […]

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