For those of you that like to make your retirement plan contributions as soon as possible after the new year, here are your 2009 Roth IRA limits and Roth 401k contribution limits, so you can start planning. The 401k limits go up in 2009, but the IRA limits remain the same. The Roth IRA and [...]
We’ve all heard about the basic retirement plan advice: get your employer match, pick the appropriate asset allocation, and check the expense ratios on the funds. There has to be more, right? Of course there is. Here are some tips for thoroughly evaluating your 401k and taking advantage of the less talked about options. 1. [...]
Today is my last day at work! No more corporate rat race for me. I’ve been planning an early retirement for as long as I can remember. Those close to me have been hearing about it for years. At age 29 I left the corporate world behind and I’m embarking on a new chapter in [...]
As 2010 approaches, many people are positioning themselves to take advantage of the special 2010 Roth Conversion Rules. 2010 Roth IRA Conversion Normally there is a $100,000 income limit (MAGI) on the ability to convert from a traditional IRA to a Roth IRA. 2010 is the year that the limit disappears. In addition, you can [...]
When I came up with the Unconventional Roth IRA Strategy to Lower Tax Bill I realized that to be successful I needed to track my Roth IRA money more closely. Once I dug a little deeper, I found that even if you are using the Roth IRA in a more traditional way, you still need [...]
