I got this question from a reader named Kelsey a while back: “I haven’t started a Roth IRA yet, but I intend to once I graduate from college. Where should I begin looking for the best one, and how can I tell that they are good?” Great question. Not only is it important to start […]

A Backdoor Roth is a way for a high earner to contribute more to retirement by converting a traditional IRA into a Roth IRA. This is a powerful loophole — this isn’t a way to dodge your taxes, however. You still need to understand all of the tax implications before you decide to leverage a […]

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. Nervous about large investments 2. Buying a “new” car 3. Other cryptocurrencies 4. Best cheap notebooks? 5. Why a Roth IRA? 6. Handling […]

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. Finding new financial goals 2. Investment Policy Statement 3. Amy Dacyczyn update 4. Using a Roth for college 5. Indoor temperatures? 6. Supporting […]