Roth IRA

If there's one thing the coronavirus pandemic has taught us, it's that it's important to have extra money on hand at all times. That way, if you lose your job or encounter an unplanned expense your paycheck can't handle, you can dip into your cash reserves and avoid going into debt. You can also avoid a scenario where you feel compelled to liquidate investments and lose out on … [Read more...] about Can You Use a Roth IRA as Your Emergency Fund?

Text size If you're wondering about Roth conversions, you're not alone. Paulus Rusyanto/Dreamstime.com … [Read more...] about Taxes in Retirement and Roth IRA Conversions: What to Know

Navigating your own financial life and investing to meet your personal goals can be challenging at times. Add another person like a spouse or partner to the equation and it can feel downright difficult. But to help foster a successful marriage or partnership, you’ll need to work together to achieve your financial goals. Decisions about whether to combine checking accounts or … [Read more...] about Investing With Your Spouse Or Partner: How To Get Started

Just like you, I have been seeing more and more articles on Roth conversions using terms such as “Backdoor Roths” or “Mega Roths.” The concept is neither new nor, until recently, particularly controversial. What’s changed are reports that several wealthy individuals have contributed stock into their Roth IRA from start-ups that have rapidly increased in value over time—and now … [Read more...] about Roth Conversions—Be Aware or Beware?

Just like you, I have been seeing more and more articles on Roth conversions using terms such as “Backdoor Roths” or “Mega Roths.” The concept is neither new nor, until recently, particularly controversial. What’s changed are reports that several wealthy individuals have contributed stock into their Roth IRA from start-ups that have rapidly increased in value over time—and now … [Read more...] about Roth Conversions—Be Aware or Beware?

Of course, there's risk involved in buying stocks in an IRA, but the good news is that if you have a savings window spanning multiple decades, you're likely to come out ahead in the long run, even if there are years during which your investments lose money or underperform. Furthermore, if you're really not comfortable hand-picking stocks, you can always revert to stock-focused … [Read more...] about 3 Ways to Make the Most of Your IRA | Personal Finance

Are the market's ups and downs getting to you? You'll be glad to know there's more than one way to get rich with stocks. Growth stocks are lots of fun to watch from a safe distance. Savvy investors know that dividend-paying stocks tend to outperform shares of companies that don't share their profits.  Image source: Getty Images. The steady cash flows that dividend stocks can … [Read more...] about 3 High-Yield Dividend Stocks to Buy Now

Millions of Americans have no confidence in Social Security. In fact, according to a recent nationwide study, 25% of all adults think they won't get a dime of their earned retirement benefits. This includes 47% of millennials, 33% of Gen Xers, and 12% of Baby Boomers.  © Provided by The Motley Fool A Quarter of Americans Think They'll Get No Social Security Checks. Are … [Read more...] about A Quarter of Americans Think They’ll Get No Social Security Checks. Are They Right?

While you can generally count on Social Security to provide you with a decent chunk of retirement income, those benefits alone won't pay enough to sustain you throughout your senior years. Rather, you'll need an additional income source to help ensure that you have enough money to not only cover your living expenses, but, ideally, enjoy this exciting period of life. That's … [Read more...] about 3 Ways to Make the Most of Your IRA

PART 3 OF A THREE PART SERIES Attracting and serving female clients through their various life journeys One of the industry’s biggest questions is how it can better serve women investors, a group that stands to manage more than $30 trillion in assets in the coming years.1 But that asset shift will not just be inheritance. Over the past 20 years, while the divorce rate for … [Read more...] about Navigating Gray Divorce: How Advisers Can Help Female Clients