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Ready to Roth: How You Fund an IRA Conversion Through the 'Back Door

January 15, 2010 | by The Wall Street Journal

My wife and I have been unable to contribute to Roth IRAs for the past several years due to the Roth IRA income limits. We have Roth IRAs from years that we were eligible, and we both have rolled over 401(k)s from previous employers to IRAs. I was planning to ... read more

Buying Life Insurance on Parents

January 14, 2010 | by Aaron Pinkston 0 comments

Thinking about buying life insurance for your parents? There are a few things to consider. You might even want to consider if you need insurance on them at all. As we move from ... read more

20 Ways to Get Less Creative with Life Insurance

January 14, 2010 | by Aaron Pinkston 0 comments

I am on a lot of email lists from life insurance news sources and life insurance companies. Every once in a while, I get one company or news source that gets a bee in their bonnet about “creative uses of life insurance”. Inevitably, this is some kind of backwa... read more

Ask the Readers: Life After a Maxed-Out IRA?

January 12, 2010 | by Get Rich Slowly

Two years ago I started getting smart about my finances and in the time since, I’ve been able to put away enough money to max out my Roth IRA. I’m a grad student on a teaching-assistant income. As such, I don’t have a huge amount of cash lying around after I’v... read more

Have You Maxed Out Your Roth IRA This Year Yet?

January 11, 2010 | by Money Ning

You think I’m just joking, but retirement is no laughing matter unless you already accumulated millions and retired early (in which case you can laugh out loud 24/7). I think everybody should max out their Roth IRA, right now. Here’s why...... read more

Delaying Roth IRA Contributions One Year Could Cost You

January 6, 2010 | by Frugal Dad

Last year was the first year I have been able to make the maximum contribution to my Roth IRA, thanks in large part to becoming debt free. I was also able to fund a spousal IRA for my wife, who stays home with our kids. Now that it is 2010 I am psyched to m... read more

Roth it Right: Six Mistakes to Avoid When Converting to a Roth IRA

January 5, 2010 | by The Wall Street Journal

BOSTON (MarketWatch) -- As years go, 2010 is on course to be a blockbuster for retirement-account owners. Starting in January, all Americans who own a traditional IRA -- not just those who have modified adjusted gross income under $100,000 -- will be able to c... read more

Roth IRA Rules For Minors. Your Kids Guide to Tax Free Money

January 3, 2010 | by Good Financial Cents

My baby boomer clients are finally starting to grasp the concept of the tax free benefits of the Roth IRA. So much in fact in that they want to make sure that their kids start a Roth IRA and, in some cases, even their grandchildren. I even had one grandfather ... read more

How to Rollover Your 401k into a Roth IRA

December 31, 2009 | by Oblivious Investor

Previously (prior to 2008) to rollover your 401(k) into a Roth IRA you had to use the following process: 1. Open a traditional IRA 2. Rollover your 401(k) to the traditional IRA 3. Open a Roth IRA 4. Convert the amount in the traditional IRA ... read more

Top 135+ Personal Finance Post for 2009

December 28, 2009 | by Good Financial Cents

The start of the decade had us worrying about the digital bug Y2K. Then the last part had us helplessly watching our 401k’s get slashed into 201k’s. As 2009 comes to a close, 2010 starts a decade filled with much uncertainty. One thing that always remains cert... read more

2010 Home Improvement Tax Credits For Energy Efficient Products

December 22, 2009 | by Bible Money Matters

Congress has extended energy efficiency tax credits for most homeowners through the end of 2010, so if you’ve been looking to upgrade your water heater or windows and doors, you can probably still get a tax credit in the coming year. Some less common of the t... read more

Life Insurance Secret #4 – Term is Not Pure Life Insurance

December 19, 2009 | by Aaron Pinkston 0 comments

I’ve heard a lot of so-called financial experts say it, and they are wrong. Term life insurance is not “pure insurance”. Don’t be confused into a choice by the talking heads. Learn all the hidden things in your term insurance. Term insurance is supposed to ... read more

Fiduciary and the 'B'

December 17, 2009 | by Casey Smith 0 comments

Mutual funds are now closing 'B' shares left and right, leaving one to ponder if this is because of demand for fiduciary responsibility in the financial marketplace. Salespersons, often disguised as “financial advisors,” sell mutual funds for a commission. ... read more

Year End Financial Moves to Think About

December 16, 2009 | by Curtis Smith 0 comments

Before 2009 ends, some things you might want to consider. Now is the time to consider some year-end financial moves – there are only two weeks left - little and not-so-little things you might do to plan to impro... read more

Why You’re Off Track for Your Retirement - And What to Do About It

December 13, 2009 | by Redeeming Riches

Perhaps you’re sitting there scratching your head, wondering what happened to your plans! Whatever grand allusions you had for retirement – whether it was spending more time with family, more time volunteering or simply more time seeing the wonders of the ... read more


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