Understanding the SECURE Act and the 10-Year IRA Rule In December 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, marking a significant reform of retirement savings laws in the United States. Its primary goal is to promote more effective...
Master the Mega Backdoor Roth in 60 Seconds or Less The Mega Backdoor Roth is a powerful retirement savings strategy that allows high earners to maximize their contributions to a Roth IRA, even if they surpass income limits. Here’s how to master it in 60 seconds or less: Know Your 401(k)...
Considering a Roth IRA This Tax Season? Here’s What You Need to Know About SDIRAs with Equity Trust As tax season approaches, many individuals begin to evaluate their long-term financial strategies. One option that has gained popularity is the Roth Individual retirement account (IRA). If...
Early Retirement: Can You Afford to Retire Now? As the concept of early retirement gains popularity, many individuals find themselves contemplating the idea of leaving the workforce sooner than expected. The allure of spending more time pursuing passions, traveling, or simply enjoying...
Who’s Right About My Roth Conversion Strategy, Me or My Financial Advisor? Insights from the YMYW Podcast Navigating the complexities of retirement planning can be daunting, especially when it comes to topics like Roth conversions. In the recent episode of the Your Money, Your Wealth (YMYW)...
