I’m 40 and my advisor wants me to switch from Roth to traditional 401(k). Dave Ramsey says it’s a million-dollar mistake
Quick Read Ramsey argues that switching to a traditional 401(k) saves taxes on $600,000 in contributions while forcing…
A 70-Year-Old With $600,000 Delays Social Security for the 8% Bonus, and Walks Into a Bigger RMD
Quick Read Delaying Social Security to 70 earns an 8% annual credit, but leaves a $600,000 IRA compounding…
A 52-Year-Old With $1.2 Million in a 401(k) Can Access $40,000 Annually Penalty-Free at 57 Using This Strategy
Quick Read A Roth conversion ladder lets a 52-year-old convert $40,000 annually into a Roth IRA and withdraw…
Retirees Get an 11-Year Window to Convert to a Roth at Low Rates. The Average One Converts $0.
Quick Read Before RMDs begin at 75, retirees enjoy roughly an 11-year window where lower income makes Roth…
A 66-Year-Old With $1.1 Million in Her IRA Owes the IRS More Than She Thinks
Quick Read A $1.1 million traditional IRA overstates true wealth because every pre-tax dollar faces federal tax of…
The 11-Year Tax Window Most Retirees Miss Between 62 and 73
Quick Read Retirees between 62 and 73 enter a low-tax valley where delayed Social Security and pre-RMD income…
The $94,000 Tax Mistake That Costs Retirees With $2.6 Million in Savings
Quick Read A retired couple with $2.6 million can cut lifetime federal taxes by $94,000 by drawing from…
64 Years Old With $1.1 Million in a Traditional IRA. Here’s Where I’m Allocating Capital
Quick Read KO and ABBV anchor the portfolio at 25% each, rated Very Safe with payout ratios under…
Wes Moss Says One Dollar Over the Wrong IRMAA Threshold Can Cost a Retiree Up to $4,000 a Year and Most Advisors Never Mention It
Wes Moss told Clark Howard listeners something most retirees never hear from their insurance broker or their financial…
The QCD Move That Turns a $60,000 RMD From a $1.6 Million 401(k) Into Zero Taxable Income at 73
Quick Read A QCD routes IRA funds directly to charity, excluding the full $60,377 RMD from taxable income…
The $120,000 Roth Strategy That Cuts Retirement Taxes to $20,000 Instead of $35,000
Quick Read Self-employed architects can open a Solo 401(k) and direct employee deferrals to the Roth side, then…
What $4,500 a Month Really Looks Like in Retirement at Age 62
Quick Read Early retirees face a three-year healthcare crisis between age 62 (when they leave work) and 65…