Dear Liz: My wife and I are about 35. I’m self-employed and contribute to a SEP IRA. My wife contributes to a workplace retirement plan. We don’t qualify to contribute to Roth IRAs. In order to get more money into retirement accounts, would you recommend doing back-door Roth contributions? What else is there to do […]
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Q&A: Identify the goal for rolled-over account
Dear Liz: I retired from civil service in 2014. Upon retirement, I requested that my Roth IRA funds be sent to a bank. The funds have been earning 0.6% interest. Is it possible to move the funds to another bank or elsewhere to earn a higher rate? Or, should I leave the funds at the […]
Friday’s need-to-know money news
Today’s top story: How to maximize your Priority Pass Select. Also in the news: Tap your credit cards for spring break savings, how to avoid a spring break money hangover, and why the death of the fiduciary rule is bad news for your retirement. How to Maximize Your Priority Pass Select Membership Getting the most […]
Thursday’s need-to-know money news
Today’s top story: Don’t let your friends derail your finances. Also in the news: Protecting your EIF investments, how to fly with your baby, and why retailers are tracking your returns. Don’t Let Friends Derail Your Finances How to stay on track and still have fun. Are Your ETF Investments at Risk in a Market […]
Wednesday’s need-to-know money news
Today’s top story: 7 places to get a slice of savings on Pi Day. Also in the news: Choosing between a Roth 401(k) and a Roth IRA, guarding your cash from debit card fraud, and credit bureaus may get a boost from Congress. 7 Places to Get a Slice of Savings on Pi Day Happy […]
Tuesday’s need-to-know money news
Today’s top story: The most and least affordable places to buy a home. Also in the news: 3 investments that aren’t actually investments, why credit card rewards may lose their sparkle, and how to ask for a raise. The Most and Least Affordable Places to Buy a Home Some of these may surprise you. 3 […]