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- BusinessSmartAsset
How Do I Know If I'm Putting Enough Money in My Roth IRA Every Month?
Setting aside money regularly is one of the surest ways to save for retirement–especially when you take advantage of tax savings over time. Though some retirement accounts are tax-deferred, one popular option that isn't tax-deferred is a Roth IRA. However, … Continue reading → The post How Much to Put in a Roth IRA per Month appeared first on SmartAsset Blog.
5 min read - BusinessMotley Fool
Is This Beaten-Down Dividend Stock a Buy?
The company has one major strength: It offers essential services.
4 min read - LifestyleSmartAsset
How Do I Know If I'm Actually Eligible For Survivor Benefits?
Survivor benefits are a type of Social Security that's provided to families following the death of a wage earner. These payments are designed to offer financial continuity and support to the surviving dependents or beneficiaries of a deceased worker. However, not everyone can collect survivor benefits. Eligibility typically depends on several factors, including the deceased […] The post Who Is Not Eligible for Survivor Benefits? appeared first on SmartReads by SmartAsset.
5 min read - BusinessSmartAsset
I Have a Below-Average HSA Balance For My Age. Can I Fix That?
Health Savings Accounts or HSAs help offset your out-of-pocket healthcare costs when you have a high deductible health plan (HDHP). Because of all the tax advantages that come with the account, it's a great strategy to save for medical expenses … Continue reading → The post Average HSA Balance By Age appeared first on SmartAsset Blog.
7 min read - BusinessSmartAsset
I'm 62 With $1.5 Million in an IRA. Should I Convert $150k Per Year to a Roth to Avoid RMDs?
A 62-year-old with $1.5 million in a traditional IRA may be wise to consider converting $150,000 per year to a Roth IRA to avoid required minimum distributions (RMDs). The annual withdrawals from retirement accounts that are mandated by RMD rules can raise your tax bill in retirement by adding to your taxable income, even if […] The post I'm 62 With $1.5 Million in an IRA. Should I Convert $150k Per Year to a Roth to Avoid RMDs? appeared first on SmartReads by SmartAsset.
6 min read - LifestyleSmartAsset
Ask an Advisor: When Do I Have to Take RMDs from the 401(k) That I Inherited from My Wife? She Hasn't Turned 72
I am 74 years old (I was born Feb 2, 1948). My wife and I both worked for Aetna, but have retired and have 401(k)s from work that are with Vanguard. I received her 401(k) as a spousal inheritance and maintain it in a separate account. I plan to take RMDs on her account but […] The post Ask an Advisor: When Do I Have to Take RMDs from the 401(k) That I Inherited from My Wife? She Hasn’t Turned 72 appeared first on SmartReads by SmartAsset.
5 min read - BusinessSmartAsset
Ask an Advisor: Can My New Wife Draw on Her Ex's Social Security?
Can my new wife draw on her ex-spouse's Social Security in any circumstance after remarrying? Specifically, during the one-year waiting period for my wife to collect on my record, can she collect on an ex-spouse's record? Or can my wife … Continue reading → The post Ask an Advisor: Can My New Wife Draw on Her Ex's Social Security? appeared first on SmartAsset Blog.
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