You can give as many people $13,000 as you like, and I don't think there are...
You can give as many people $13,000 as you like, and I don't think there are restrictions on what your recipient does with the money. I hope you trust your brother! Remember, too, that the clock starts...
View ArticleSounds like a pretty simple solution. Thanks!
Sounds like a pretty simple solution. Thanks!
View ArticleI just started with a new employeer. Ive double my income by make this move...
I just started with a new employeer. Ive double my income by make this move and I want to be sure that I'm not spending all my extra cash. I'd like to sock away and extra 10% into my IRA since i am not...
View ArticleDepending on your income, you may qualify for a deductible IRA, but I'm...
Depending on your income, you may qualify for a deductible IRA, but I'm wondering whether you'd be better off with a Roth. You contributions are after-tax, but future earnings are tax-free. If you're...
View ArticleIf I can afford to pay my daughter's college tuition for next year now, does...
If I can afford to pay my daughter's college tuition for next year now, does it make sense to do so? Do you have any sense as to what might happen to the American Opportunity Tax Credit?
View ArticleBrenda, as you noted, the American Opportunity Tax Credit is scheduled to...
Brenda, as you noted, the American Opportunity Tax Credit is scheduled to expire at the end of the year. I think it's a popular tax credit but it's hard to predict whether it will be extended. If you...
View ArticleHere's a Kiplinger's article with more information on the American...
Here's a Kiplinger's article with more information on the American Opportunity Tax Credit.
View ArticleToo bad we don't have a crystal ball, Sandra!
Too bad we don't have a crystal ball, Sandra!
View ArticleHere's another question about Roth IRAs from Nicole.
Here's another question about Roth IRAs from Nicole.
View ArticleI would like to know more about what to do with old 401Ks. I know my basic...
I would like to know more about what to do with old 401Ks. I know my basic options are to roll over into my current plan or into a Roth IRA, but I've heard that Roth IRAs have a max. limit of $5K a...
View ArticleTaxes make everyone's head spin, Nicole. The $5,000 limit on Roth IRAs...
Taxes make everyone's head spin, Nicole. The $5,000 limit on Roth IRAs doesn't apply to conversions. You can convert as much as you want, as long as you can afford to pay taxes on the amount you...
View ArticleVanguard has a calculator you can use to figure out how much you'll owe on a...
Vanguard has a calculator you can use to figure out how much you'll owe on a conversion.
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