How Has COVID-19 Affected Roth IRA Conversions?

Bill Gordon, AIF® The COVID-19 pandemic has shaken up nearly every aspect of American life. To say it’s been a difficult time would be an understatement.  However, difficult times may open doors to new possibilities. Businesses are changing their ways of operating, and individuals are exploring new avenues for investment. It may be time for … Continue reading How Has COVID-19 Affected Roth IRA Conversions?

Should you convert to a Roth IRA?

By Sunwook Jin, CFP®, CRPC®, CMFC® If you’ve heard of an Individual Retirement Account (IRA), you probably have heard of a Roth IRA.  When someone is ready to begin contributing to a retirement account, we’ll frequently get asked about the difference between the two accounts.  But what if you already have a traditional IRA?  Do … Continue reading Should you convert to a Roth IRA?

If you have a teenage kid who works, DO NOT give them cash for their birthday or during holidays. Do this instead.

Written by Sunwook Jin, CFP®, CRPC®, CMFC® Every now and then, you want to give them a nice gift for your kid's birthday or during holidays. But then, you think to yourself, they have everything they need, and you can’t think of a nicer gift. So, you buy them either a gift card or just … Continue reading If you have a teenage kid who works, DO NOT give them cash for their birthday or during holidays. Do this instead.

APRIL 15, 2019 IS YOUR IRA DEADLINE.

Once Tax Day has come and gone, so has your opportunity to make your 2018 Individual Retirement Account (IRA) contribution. Enroll now > EVERY YEAR, YOU HAVE THE OPPORTUNITY TO INVEST IN YOUR IRA. DON'T MISS OUT THIS YEAR. DON’T MISS OUT THIS YEAR. Get started > Invest for your future: An IRA remains an effective way to save for … Continue reading APRIL 15, 2019 IS YOUR IRA DEADLINE.

How much can I contribute into a Roth IRA? What are the income limits?

By Sunwook Jin, CFP®, CRPC®, CMFC® Although there are no income limits for a Traditional IRA, depends on how much you earn can have bearings on how much you can contribute to a Roth IRA. The maximum you can contribute into a Roth IRA is limited to $5,500 per year per person ($6,500 if you're … Continue reading How much can I contribute into a Roth IRA? What are the income limits?