And what should you do if you have forgotten to file Form 8606?
Becoming a millionaire doesn’t happen on its own: it takes planning and perseverance. Here are some steps you can take to grow your net worth.
The major components to life expectancy are genetics and lifestyle.
Your after-tax savings also offers tax advantages and other important benefits you may not be thinking about.
You may need to make quarterly tax payments on your capital gains.
A stock split is when a company decides to increase the number of shares outstanding.
Lee Eisenberg wrote a book in 2006 about the amount of money and resources people will need to enjoy the active life they desire, mostly post-career, titled THE NUMBER: A Completely Different…
A well-diversified portfolio of stock market indices has a history of recovering after each downturn.
Is funding an HSA right for you? Learn how you can use this account to pay for a number of medical expenses in retirement.
Understand your path for rolling after-tax money in employer-sponsored plans to a Roth IRA and the rules that need to be considered to complete this transaction properly.
It’s best to approach tax-loss harvesting cautiously and keep your broader financial plan in mind when making any tax planning decisions.
If you’re investing in mutual funds at the end of the year, exercise extra care to avoid paying tax on gains that are earned internally by the fund.
While presidential elections can influence market performance, many other factors do, too. It’s important to recognize the complexity of the stock market and be careful not to confuse correlation and causation.
Did you know a critical phase of retirement begins 10 years out? We’ll go over what you need to do in phase one on this edition of Project Wealth.
Retirement is a journey to be enjoyed over time, not a destination. Chris Hershey will help you plan for your unique journey on this edition of Project Wealth.
Does your employer-sponsored retirement plan offer brokerage services? If so, you may gain access to expanded investment choices, including a range of mutual funds.
Before you decide when to begin drawing Social Security benefits, you should evaluate a number of factors, including life expectancy and the financial challenges that face the Social Security system.
With interest rates at a historic low, retirees should carefully consider their pension distribution options.
Since long-term capital gains are taxed at a lower rate than other types of income, selling these types of assets can be a tax-efficient strategy.
Learn about contribution limits for traditional and Roth IRAs and get advice on how to minimize penalties if you’ve contributed too much in a given year.