Posts Tagged ‘RothIRA’

Fall Financial Reminders

Wednesday, November 11th, 2015

As every calendar year ends, the window slowly closes on some notable financial deadlines and opportunities. Here are several to keep in mind before 2016 arrives. Don’t forget that IRA RMD. If you are older than age 70½ and own one or more traditional IRAs, you have to take...

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Should I Pay Off My Student Loan or Save?

Wednesday, April 30th, 2014

By Drew Aunon, Associate So you just walked across the stage, shook the dean’s hand, received your diploma, flipped your tassel from right to left, and have your dream job lined up… things are moving fast! The only thing slowing you down? Student loan debt. If you find yourself...

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What Are the Downsides to Roth IRAs?

Wednesday, March 19th, 2014

By Drew Aunon, Associate Often times when our advisors are creating a financial plan for our clients at WFG, a question regarding the use of a Roth IRA will arise. As I touched on in my previous post, there is no doubt that Roth IRAs can provide significant tax...

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Can My Spouse Contribute to an IRA if They Don’t Work?

Wednesday, March 12th, 2014

By Mark Jensen, Associate The other day I was speaking with a client and they asked me the following question: Can my spouse contribute to an IRA if they don’t work?  So in order to address this question and help others, I decided to write this blog post today. Spousal IRAs...

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What are the Benefits of a Roth IRA?

Wednesday, February 12th, 2014

By Drew Aunon, Associate Effectively planning for retirement is one of the most important decisions you will make regarding your financial future. Much like selecting the right tools to correctly/most efficiently change a tire on your car, it is important to ensure that you utilize the most effective type...

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Should I Convert My Traditional IRA into a Roth IRA?

Thursday, December 5th, 2013

By Jay Sanford, Director of Investment Strategy Part 2 of our series on Roth IRAs brings us to a great question with many avenues to explore before making a decision.  I remember vividly clients calling up and saying, “I have to open up a traditional non-deductible IRA and contribute...

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Can I Contribute to a Roth IRA?

Thursday, November 14th, 2013

By Jay Sanford, Director of Investment Strategy There always seems to be some confusion when figuring out if you can contribute to a Roth IRA.  Quite frankly, the answer is simple: Do you have earned income and how much is your AGI (adjusted gross income)?  Unlike a regular, deductible...

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What Are the Income Limits for Roth IRA’s?

Thursday, October 24th, 2013

By Mark Jensen, Associate Many times when clients come to us at WFG it is because they are trying to make sense of all of the financial vehicles available to fund their retirement.  A common question is “What are the income limits for Roth IRA’s“?  This is certainly understandable because...

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