How to Backdoor Your Roth IRA - Alex Szarka

How to Backdoor Your Roth IRA

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Roth IRAs are an excellent way of diversifying your retirement savings. Most people have the vast majority of their retirement savings in some form of employee sponsored defined contribution plan such as a 401(k) or 403(b). These plans are often…
Why Women Need More Money in Retirement Than Men - Rick Martin

Why Women Need to Save More for Retirement Than Men

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    FACT: The number of wealthy women in the United States is rising twice as fast as the number of wealthy men. Experts estimate that by 2030, women will control as much as two-thirds of the nation’s wealth.1 That is good…

Divorce: Diving Retirement Assets

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There are certain times in life when you are faced with a lot of important financial decisions over a short period of time, with which you may have never previously dealt. During a divorce is one of those times. The situation is made even…

Planning For Your Later Years

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“When he was younger, our Senior Financial Planner, Chuck Conrad, was a member of an elite Army Ranger unit, and back then proper planning could make the difference between life and death for himself and the others in his squad. His instructors…

I Just Inherited an IRA; What Should I Do?

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        What should people do if they find out they inherited an IRA? What if you’re not the spouse of the IRA owner? What is a stretch IRA? So what are the most important points to remember? Watch Szarka Financial’s…

A Huge but Little Known Retirement Risk: Sequence of Returns

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        Are there any retirement risks that most investors don’t know about? Who should be worried about sequence of returns risk? What exactly does it mean? What can you do to reduce the potential harm of sequence…

4 Common 401(k) Pitfalls

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  If you are saving for retirement, like many Americans, your main vehicle to do so is probably some form of defined contribution plan such as a 401(k) or 403(b) plan. The problem is the average American is not saving enough and many…

Newly Enacted DOL Rules: What Affect Will They Have on my Retirement Savings?

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  There has been a notable amount of discourse concerning the “new” Department of Labor (DOL) rules regarding retirement plans, and specifically Individual Retirement Accounts (IRA), in the financial news over the last several months. Most…

What to do With Your 401k When You Change Jobs

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       Is there anything people should know about their 401k that most people are unaware of? What are the other options? What are some factors to consider? What about tax considerations? Are there time limits to be aware…

Don't Be a Victim of the Looming 401(k) Crisis

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There is a slow moving time bomb coming in the world of retirement planning, and it’s important for everyone to understand what’s happening so that they can avoid becoming a victim. The time bomb is that the traditional “3-legged stool”…