Tax Guides

36 guides on Retirement · show all guides

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• Roth conversionsJun 14, 20264 min

  Can You Contribute to a Roth IRA if You Are Married Filing Separately?

  You are married, you both work, and you decided on married filing separately for your taxes this year. Usually, I see this happen for one of two reasons: you want...

• Roth conversionsJun 14, 20266 min

  RSU Roth Income Limit: Are You Locked Out After Vesting?

  You checked your paycheck, and the numbers finally look the way you've always wanted them to. Your company just released a massive block of Restricted Stock Units (RSUs), and your...

• Roth conversionsJun 14, 20265 min

  What Is a 72(t)? The SEPP, Explained & - and Why You'd Even Want One

  A 72(t) is one of those tax terms that sounds impossible until you see the problem it solves — and then it’s simple. So let’s do it backwards. Instead of...

• Roth conversionsJun 14, 20268 min

  Roth Conversion Ladder vs. 72(t): Two Ways to Reach Your IRA Before 59 1/2

  Retire in your early 50s and you run straight into a wall: most of your money is locked in a traditional IRA or 401(k), and pulling it out before 59½...

• Roth conversionsJun 13, 20267 min

  How the Spousal Backdoor Roth Works, Step by Step (Funding a Roth for a Non-Working Spouse)

  A spouse with no paycheck can still put money into a Roth IRA every year. Most one-income households never realize it, so the non-working spouse’s retirement account sits empty while...

• Roth conversionsJun 13, 20267 min

  Backdoor Roth Mistake Fix: A Triage Guide to Every Common Error

  Most backdoor Roth “disasters” are fixable. The catch is that the right fix to a backdoor Roth mistake depends entirely on which mistake you made — and two of them...

• Roth conversionsJun 13, 20269 min

  Will a Roth Conversion Spike My Medicare (IRMAA) Premiums? What Higher-Income Retirees Need to Know Before Converting

  You are 63, still working, and you have finally decided to start moving some of that large traditional IRA into a Roth before you retire. The logic is sound: convert...

• Roth conversionsJun 11, 20268 min

  When to Stop Backdoor Roth: Is It Still Worth Doing?

  You set this up four years ago. Every January you move the money into the Traditional IRA, convert it to the Roth a few days later, and file the Form...

• Roth conversionsJun 11, 20268 min

  Roth Conversion ACA Subsidy Cliff: How Much Can I Convert Without Losing It?

  You retired at 57. You are living off a brokerage account and some cash, your taxable income is low on purpose, and that low income is buying you a heavily...

• Roth conversionsJun 9, 20268 min

  Backdoor Roth Pro Rata Rule: How It Can Ambush Your First Conversion

  This is the first year a direct Roth IRA contribution is off the table for you. You got the raise, or the bonus, or the promotion, and now your income...

• Roth conversionsJun 8, 20267 min

  Mega Backdoor Roth 401(k): How to Add $37,500 in Tax-Free Savings

  You maxed out your 401(k) sometime around June. You hit the number your payroll system flagged, the contributions stopped, and now your leftover savings each month are landing in a...

• Roth conversionsJun 5, 20265 min

  Roth vs Traditional IRA: How to Choose Which is Best for You

  The Roth vs Traditional IRA question really comes down to this: do you want to pay the IRS today, or do you want to pay them tomorrow?I sit across from...