by Bryan Wisda, CFP® | Sep 5, 2022 | Advanced Planning, Financial Planning, Retirement Planning, Tax Planning
Did you take money out of an IRA or 401k in 2020? If you did you may be eligible to get a tax refund by repaying those monies to your IRA, 401k, or other employer sponsored retirement plan. The CARES Act created an exemption to the tax due on withdraws up to $100,00...
by Bryan Wisda, CFP® | May 20, 2022 | Advanced Planning, Financial Planning, Retirement Planning, Tax Planning
A Roth Conversion is basically taking some of the money in your Traditional IRA portfolio and moving it to a Roth IRA. The advantage to a Roth IRA is its tax status. When you convert money from a Traditional IRA to a Roth IRA you’ll have to pay taxes on the...
