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I'm 69 With $1 Million in an IRA. Is It Too Late for a Roth Conversion?
Legally, it's never too late to make a Roth conversion. You can do this at any time in life, in any amount, so long as you ...
4 Best Banking Services To Grow Your Tax Refund
If you're eagerly awaiting your tax refund to spend it, you might want to think about other options. It's important to ...
Did you know the IRS taxes your bank account? Don’t get caught off guard
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...
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Ask an Advisor: I Have $1.4 Million in IRAs. Can I Convert $160k/Year to a Roth to Save on RMDs Later On?
I am 70 and I have $1.4 million in traditional IRAs. Is it best to do $160,000 in Roth conversions for the next 1-3 years to reduce my high RMDs in about 5-10 years? That would put me in the 24% tax ...
Do you have too much of your money invested in the stock market?
Over the years, you may have seen advice in the financial media about the "60/40 portfolio," which consists of 60% stocks and 40% bonds. This type of portfolio can be put together without too much ...
Iris Energy (IREN) Gets a Buy from Roth MKM
Roth MKM analyst Darren Aftahi maintained a Buy rating on Iris Energy (IREN – Research Report) today and set a price target of $25.00. The ...
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IRS releases catch up Roth Guidance
The Internal Revenue Service (“IRS”) issued proposed regulations regarding the provisions of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) that relate ...