Farmers Insurance
Albuquerque, NM:
4 Reasons to Consider a Roth 401(k)
When you think about the ways in which you can save for retirement, have you considered a Roth 401(k)?
How to Super-Fund a Roth IRA
You can use after-tax 401(k) contributions to save significantly more for your retirement and reap the tax advantages of a Roth.
How a Kiddie Roth IRA Can Double Your Child's Retirement Savings
A new Roth IRA may eventually turn your kid into a millionnaire.
Why You Need a Roth IRA
With this indispensable savings tool, your money grows tax-free, you can invest in almost anything and you get several cool perks.
Should I Contribute to a Roth or Traditional 401(k)?
Consider making Roth 401(k) contributions if most of your savings are tax-deferred. Contributing some money to a Roth 401(k) helps diversify your tax situation.
6 Reasons for Life Insurance When You Retire
First, the basics. If you still owe someone, or love someone, yes, you need life insurance. Now, let’s dig a little deeper and look at the other reasons you may still need life insurance after 65. 1. You’re still the “Bank of You.” 63% of parents over 55 are still supporting their children and or grandchildren, according to LIMRA Secure Retirement Institute. What happens if you are no longer around to provide that support? Who will your children turn to for financial help…
What Are the Advantages of a Self-Directed Roth IRA?
Using a Roth IRA comes with lots of advantages. But what if you use a Self-Directed Roth IRA? Does it open up even more advantages?
What Happens to My Roth IRA When My Income Increases?
I frequently recommend Roth IRAs to my clients as part of their retirement savings strategy. Because you contribute after-tax income, millennials who are still establishing their careers (and therefore are in a lower tax bracket) can lock in a lower tax rate on contributions now, and then pay no taxes when withdrawing money in retirement …
How a Roth IRA totally screwed up my taxes
A millennial wades through the tax challenges of retirement planning
Tips for Using a Roth IRA to Save for College
Experts answer questions about Roth IRAs, grandparents, scholarships and more.
5 Secrets You Didn't Know About Roth IRAs
Between its generous tax benefits at retirement and no required minimum distributions, a Roth IRA is well worth considering if you're eligible to have one.
How to Pump Up a Roth IRA
After-tax contributions to a workplace 401(k) plan can be shifted into a tax-free Roth account, the IRS says.
What Happens If You Hit the Roth IRA Income Cap?
Roth IRAs are popular in part because they’re designed for people who expect to earn more as they move toward retirement. Since you’re taxed when you contribute, and not when you withdraw, the theory is that you’re at a lower tax bracket now than you will be by the time you think about retiring.
What is a Roth IRA and What Are the Benefits?
A Roth IRA can add to your retirement income in a tax-advantaged way.
How to Open a Roth IRA if You Make More Than $133,000
Income limits affect IRAs, but there's a backdoor option you can use.
Should You Convert to a Roth During a Down Market?
If you’re a high earner or invest in a traditional IRA, you might be planning to convert your account to a Roth for some tax savings and easy access to your contributions, depending on your circumstances. When to convert, though, is a question with a million different considerations. There’s no perfect time, of course, but financial experts agree that a down market can be appealing.
Why I Never Contributed To A Roth IRA But Why You Probably Should
A Roth IRA is a tax-advantageous retirement vehicle where contributions are made with after-tax dollars. The investments compound tax free.
