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What is the Mega Roth Strategy?

Mega Roth Strategy

The advantage of using the mega Roth strategy is to maximize your retirement savings. Report Roth 401(k) plan conversions with IRS Form 1099-R.

Required Minimum Distribution Rules

required minimum distribution

Now that 2019 is winding down, it’s important to make sure your financial matters are taken care of.  One of the most important ones to remember if you are at least age 70 1/2, is your required minimum distribution or RMD.  This is the amount that the IRS requires you to withdraw from most retirement […]

Solo 401k Year-End Tips for 2019

Solo 401k Year-End Tips

Now that we’ve reached December, it’s time for some Solo 401k Year-End Tips.  There are several things you must do before the end of 2019.  In the following, we’ll talk about these items, so you’re not left in the cold.  It’s essential to make sure your Solo 401k is in order going into the new […]

Roth Solo 401(k) Advantage

Roth Solo 401(k)

The Roth Solo 401(k) has the best features of a traditional 401(k), with the power of tax-free investing one receives from a Roth IRA.

Traditional or Roth 401(k) – Which One is Better?

traditional or Roth 401(k)

If you are self-employed, a Solo 401(k) is an essential retirement planning tool.  But what choice is better – a traditional or Roth 401(k)?  Each option offers its own unique tax advantages.  In the following, we’ll discuss each plan and compare the two.  Depending on your financial goals, one might be a clear winner.  If […]