by Mat Sorensen | Jul 11, 2024 | Blog
Do you make too much money to contribute to a Roth IRA? If so, the “backdoor” Roth IRA strategy is one of the best loopholes in the tax code you could utilize today. Many high-income earners believe they can’t contribute to a Roth IRA because they make too much money....
by Mat Sorensen | Jun 27, 2024 | Blog
So, you’ve decided to commit to a Roth conversion. Before you begin submitting your requests to your current custodian, there are a few things to know. There is a right way and time to do a Roth conversion. When you decide to do a conversion, you want to do it...
by Mat Sorensen | Mar 18, 2024 | Blog
Do you make too much money to contribute to a Roth IRA? If so, the “backdoor” Roth IRA strategy is one of the best loopholes in the tax code you could utilize today. Many high-income earners believe they can’t contribute to a Roth IRA because they make too much money....
by Mat Sorensen | Feb 6, 2024 | Blog
Self-Directed IRA investors must be aware of their self-directed IRA tax reporting responsibilities. Some of these items are completed by your IRA custodian, and others are the IRA owner’s sole responsibility. Here’s a quick summary of what should be reported to the...
by Mat Sorensen | Jan 8, 2024 | Blog
The start of a new year brings a series of important deadlines and requirements for Individual Retirement Arrangements (IRAs). January 31st is the first date for IRA owners to be aware of. This is the deadline for financial institutions and IRA custodians to send out...
by Mat Sorensen | Jan 6, 2024 | Blog
Valuation Update Annual Fair Market Valuation Update — Self Certification Fillable PDF eSign Form Annual Fair Market Valuation Update — IRA/LLC or 401(k)/LLC Self-Certification Fillable PDF eSign Form Fair Market Valuation for Taxable Event (Roth Conversion, In-Kind...
