The road to a successful, stress-free retirement often has potholes more challenging to navigate than you may believe. There are numerous critical issues to address, complicated money concepts to understand, and a bewildering array of products to consider. That’s why you must exercise extreme diligence and avoid making mistakes with your retirement planning from which you will … [Read more...] about Stephen Dybwad: Mistakes the could make retirement challenging | Opinion
Roth IRA
News and analysis for those planning for or living in retirement
From MarketWatch: At least 156 people have at least $25 million in their Roth IRAs — each: Legislators are taking mega-IRAs seriously after ProPublica published its report on Peter Thiel’s Roth IRA amassing $5 billion. When was the last time you had fun? It could be the key to the challenges of growing older: People are bound to change as they get older, but … [Read more...] about News and analysis for those planning for or living in retirement
Peter Thiel’s $5 Billion Roth IRA: Only the Size is News
How long has Congress known about this and done nothing? At least nine years. Back in 2014, I penned an op-ed about a gigantic Roth IRA owned by Max Levchin, also a PayPal founder. And I had learned about Levchin’s Roth in part from Forbes reporting from 2012. Forbes mentioned Thiel’s Roth IRA in its report. Levchin apparently seeded his magic Roth with Yelp stock. But he may … [Read more...] about Peter Thiel’s $5 Billion Roth IRA: Only the Size is News
Saving and Paying for College: What Are Your Best Options?
By Danielle Harrison, CFPLong gone are the days when most students could work summers and weekends to pay for their college tuition. Over the last several decades, the cost of college tuition has increased by five to eight percent per year, more than double the rate of inflation. If this trend continues, today’s parents of young children could be faced with a price tag of over … [Read more...] about Saving and Paying for College: What Are Your Best Options?
Investing a Roth IRA in early stage growth companies without violating prohibited transaction rules
Given their popularity and widespread use, people rarely think of IRAs as “tax shelters.” But truth be told, that’s exactly what an individual retirement account is: a legal tax shelter.However, in order to reap the benefits that traditional IRAs and Roth IRAs provide, taxpayers must comply with an assortment of rules. Such rules include limitations on the amount of money that … [Read more...] about Investing a Roth IRA in early stage growth companies without violating prohibited transaction rules