Retirement planning

401(k) milestones everyone should hit as soon as possible

by
401(k) milestones everyone should hit as soon as possible

(John Blanchard/SF Chronicle) Retirement sounds like fun. Saving for it, a little less. How much you need to save for retirement and where you should save are questions without single answers. For previous generations, retirement planning was a little simpler: Your workplace provided a pension plan where your contributions were determined and invested for you. … Read more

I am confused about the 5 year rule for Roth conversions. Does it apply to me?

by
I am confused about the 5 year rule for Roth conversions. Does it apply to me?

According to one article by Brandon Renfro, there are three 5-year rules for Roth IRAs, but he talks about the first two as they apply to the reader’s question. He explains the 5-year rule for Roth contributions and the 5-year rule for Roth conversions. I’m only interested in the second rule because I’m thinking of … Read more