401(k) After-Tax Contributions Presented by Marc Aarons   I have noticed increasing interest in the benefits of after-tax 401(k) contributions among my general client base. To get ahead of any questions you might have, I put together a succinct overview of after-tax 401K contributions. I encourage you to review the information below. As always, I […]

What to Know…New 529 to Roth Transfer in 2024 Presented by Marc Aarons   I hope this email finds you well. You may have seen news reports about a change in the financial planning landscape set to impact parents, grandparents, and other family members who want to utilize 529 plans for college savings.   The […]

Roth IRA Conversion Deadline -December 31 Presented by Marc Aarons   I’m reaching out with a timely reminder that the deadline for converting retirement funds to a Roth IRA is coming up on December 31st. There are a variety of reasons why utilizing this conversion before the end of the year could be beneficial to […]

New Retirement Contribution Limits for 2023 Near-record levels. Provided by Marc Aarons   The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels. Individual Retirement Accounts (IRAs). IRA contribution limits are up $500 in 2023 to […]

Roth IRA Conversions What are your choices? What are the benefits? Provided by Marc Aarons If you own an Individual Retirement Account (IRA), perhaps you have heard about Roth IRA conversions. Converting your traditional IRA to a Roth IRA might be a sound financial move depending on your situation. But remember, this article is for […]

Is it time to contribute more?  Provided by Marc Aarons  Preparing for retirement just got a little more financial wiggle room. This week, the Internal Revenue Service (IRS) announced new contribution limits for 2022. Staying put for 2022 are traditional Individual Retirement Accounts (IRAs), with the limit remaining at $6,000. The catch-up contribution for traditional […]

What role should taxes play in your investment decisions?  Provided by Marc Aarons Will you pay higher taxes in retirement? Do you have a 401(k) or a traditional IRA? If so, you will receive income from both after age 72. However, if you have saved and invested much of your life, you may also end […]

Understand the IRS’s calculations and tables. Provided by Marc Aarons As much as you would like to, you can’t keep your money in your retirement account forever. These investment vehicles include 401(k)s, IRAs, and similar retirement accounts.1  Under the SECURE Act, once you reach age 72, you must begin taking required minimum distributions from your […]

Thanks to a couple of factors, some investors are thinking about this move before 2020 ends.  Provided by Marc Aarons Roth IRAs have attracted retirement savers since their introduction in 1998. They offer the potential for tax-free retirement income, provided Internal Revenue Service rules are followed. Do Roth IRAs seem even more attractive these days? […]

Is it right for you?  Provided by Marc Aarons The COVID-19 pandemic has shaken up nearly every aspect of American life. To say it’s been a difficult time would be an understatement. However, difficult times may open doors to new possibilities. Businesses are changing their ways of operating, and individuals are exploring new avenues for […]