Ask yourself when you'll need the money, what your future tax bracket may be, and where you'll find the money to pay the taxes due upon conversion, says retirement expert Ed Slott.
between behavioral finance and retirement planning . Professor Thaler, thank ..... Benz : Let's talk about retirement planning and the decumulation phase ..... behavioral mistakes crop up in the retirement - planning phase? I know a key focus
Ratcheting down your equity exposure when stocks are richly valued can help combat 'sequence of return' risk and improve retirement-income sustainability, says financial-planning expert Michael Kitces.
The audience who had turned out for my session on retirement planning looked at me like I had three heads. After all, I had just shown them a slide depicting miserly yields on high-quality bonds
A recent IRS ruling on Roth conversions of aftertax 401(k) money could make the option more appealing for savers who have maxed out their other accounts, says financial-planning expert Michael Kitces.
after-tax dollars in an IRA would no longer be eligible for a Roth conversion. Other proposals that would affect retirement planning returned in this year’s budget, including: Exempting individuals from the RMD rules if the aggregate value of
if things don't change right away. Stipp: These plans are going to be a big part of more and more people's retirement planning , so thanks for helping us get the most out of them. Benz: Thank you, Jason. Stipp: For Morningstar, I
A flexible withdrawal strategy, diversification across account types, and targeted Roth conversions can limit the tax drag for retirees, says Morningstar's Christine Benz.
We enrolled in this seminar through a local school district and thought it was designed to be mostly educational. Upon further examination, it looks the course was created as a marketing tool for financial advisors designed by FMT Solutions. We did receive a nicely laid out binder and we do get a
From your 20s to your 70s, these tax tactics can help you keep more of your investment earnings.