Correcting excess Roth IRA contributions is crucial to avoid penalties—discover the essential steps to resolve this common issue.
Excess Roth IRA Contributions: What Happens and How to Fix It
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IRA Strategy & Rules
9 posts
IRS Form 5498: The “Quiet” Form That Explains Your IRA Activity
Irs Form 5498 quietly details your IRA contributions and value, offering insights that can help you better manage your retirement planning.
Form 8606 Made Simple: The IRA Tax Form That Prevents Double Taxation
By understanding Form 8606, you can prevent double taxation on your IRA, but there’s more to uncover—read on to learn how.
Tax Bracket “Fill‑Up” Strategy: How to Plan IRA Withdrawals Years Ahead
Keenly planning IRA withdrawals using the fill-up strategy can optimize taxes—discover how to effectively navigate your future income scenarios.
Roth Conversion Ladder: The Step‑By‑Step Strategy for Early Retirees
Investing in a Roth Conversion Ladder can unlock early retirement benefits—discover how to master this powerful strategy today.
The Pro‑Rata Rule Explained: Why Backdoor Roths Get Complicated Fast
Getting a clear grasp of the pro-rata rule reveals why backdoor Roth conversions can quickly become more complex than expected.
Direct vs Indirect Rollovers: The Difference That Decides Taxes and Penalties
Choosing between a direct and indirect rollover impacts your taxes and penalties…
One Rollover Per Year: The IRA Trap People Still Fall Into
Discover how the IRA rollover rule can trip you up and learn the crucial steps to avoid costly mistakes.
The 60‑Day Rollover Rule: The Countdown That Can Trigger a Surprise Tax Bill
A crucial 60-day countdown can unexpectedly trigger taxes—discover how to avoid costly surprises and stay on top of your retirement rollover.
