IRA
Retirement Savings Alert: 2026 Provides More Opportunities
If you’re looking to improve your financial position for that future retirement, you’ll be pleased to know that there are additional opportunities in place for 2026. On the upside, contribution limits for 401(k) and IRA plans and health savings accounts…
The Retirement Rollover Flexibility Act
The Retirement Rollover Flexibility Act was reintroduced in both the House of Representatives and the U.S Senate on December 4, 2025. This bipartisan, bicameral legislation will allow retirement savers to roll over their Roth IRA savings into a Roth account…
New 2026 IRS Rules which may affect your retirement
With each changing year, the IRS updates its rules, and those which affect retirement are among them. Such is the case for year 2026, where the IRS has issued new rules which may help you save more for your retirement.…
What is an IRA recharacterization?
IRA recharacterization is a strategy that changes the type of IRA for a specific contribution. Recharacterizing gives you the opportunity to change your mind or correct a mistake. However, there are deadlines and rules for recharacterizing IRA contributions. Rebecca Lake…
Recapping the CARES Act’s Impact on Retirement Investments
The provisions of the Caronavirus Aid Relief and Economic Security Act, or CARES Act, have the potential to impact the retirement strategies followed by investors. U.S. News and World Report contributor Josh Goulding, in an article titled “How Does the CARES…
401k Loan Limits and the COVID-19 Pandemic Impact
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law March 27 offers some much-needed financial relief for folks battered by the pandemic’s economic fallout. In addition to cash payments, improved unemployment benefits, small business support, and other…
What Is a Backdoor IRA?
As Todd Campbell explains in this Motley Fool article, there’s no such thing as an official backdoor Roth IRA. Because high-income earners cannot directly contribute after-tax money to a Roth IRA, they must fund one through the backdoor approach. Note, traditional IRAs have no income…
Strategic Thinking on Deferred Compensation Withdrawals
With hundreds of thousands of 401k and IRA millionaires now looking at using these funds to support retirement, its time to recognize the importance of tax-effective strategies for withdrawals. In a post on www.forbes.com, contributor Stephen Chen takes a look at strategies…
Reflections on President Trump’s Executive Order on Retirement Savings
As the Labor Day Holiday Weekend arrived, President Trump traveled to Charlotte, North Carolina to officially sign his latest Executive Order, “Strengthening Retirement Security in America.” As explained in the numerous media accounts of the event, this presidential directive is aimed…
The Hidden Impact of Drawing from Retirement Funds Early
Just about everybody knows that the pathway to a secure and comfortable retirement is the accumulation of a nest egg. And one of the surest ways to build this nest egg is to stick to a steady plan of contributing…