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]
A little-noticed provision of a law signed by President Obama this week promises to boost the use of Roth accounts in workplace retirement plans. The Small Business Jobs Act really has very little to do with retirement saving-it’s aimed at boosting the economy by giving tax cuts and credits to small businesses. But those cuts [...] [...more]
