You’re young and lucky enough to be gainfully employed, but it’s a hard time to be starting out in life – the job market is perilous, financial markets are volatile and the housing market’s direction is anyone’s guess. Is this any time to be thinking about saving for a secure retirement? Absolutely. Top retirement experts [...] [...more]
Set it and forget it,” infomercial marketer extraordinaire Ron Popeil used to say. That might have worked for Ron’s easy-to-use chicken rotisserie — but it’s not a good approach for your retirement portfolio. Even the best-built retirement plan needs a periodic check-up, so my column at Reuters Money this week offers seven tips, tweaks and [...] [...more]
The year is closing out with a handful of retirement planning tips stacked up on my desk that I want to pass along. Here are some important odds and ends to keep in mind as you consider your moves for 2011: –The tax deal makes Roth conversions easier to fund. The two-year extension of Bush-era [...] [...more]
The extension of the Bush-era tax cuts has added a sweetener for anyone still considering making a Roth IRA conversion in 2010. More at Reuters.com; also check Linda Stern’s list of other ways the tax agreement helps investors and savers. [...more]
A new law opens the door to wider use of Roth conversions within workplace retirement plans, but employers aren’t rushing to add the new option. Just one-third of employers surveyed by the employee benefits firm Mercer say they will offer an in-plan Roth conversion feature before 2012 and 45 percent say they currently have no plans [...] [...more]
