From diapers to private schools, children are expensive, as a recent thread on White Coat Investor illustrates. The dependency exemption is no help, as it phases out to zero for Continue reading
Roth IRA
How do I start a Roth IRA for my child?
As long as your child has earned income, no matter the age, he can contribute Continue reading
Does your advisor save or cost you taxes?
Does your investment advisor ask nosy questions about your income tax return? If not, he Continue reading
Answers to Roth IRA quiz
So, did you take our Roth IRA quiz? Here are the answers – there are 14 points in all because the last questions counts 2. Continue reading
Roth IRA Quiz
You may have your own Roth IRA, but how well do you know the rules? Continue reading
When should I NOT convert to a backdoor Roth IRA?
You should not put money in a backdoor Roth if: Continue reading
What is a Roth IRA and do I need one?
A Roth IRA is an IRA that is not tax deductible when you make contributions. All growth Continue reading
What is a backdoor Roth IRA?
A back-door Roth IRA is a maneuver that allows High-Income Professionals (HIPs) to Continue reading
When should I convert to a backdoor Roth IRA?
There is a lot of confusion between timing for IRA contributions and back-door Roth Continue reading
Can I contribute to both a 401(k) and an IRA?
Yes. A 401(k) is an employer retirement plan. An IRA is an individual retirement account. Continue reading