Escient Financial

Blog tagged as Roth IRA

Pre-Tax vs After-Tax Retirement Contributions
Tax planning is a year-round effort. Here's how you can plan ahead with your tax strategy so you’re prepared all year long.
8 Step Summer Financial Checkup 
If you find yourself with a bit of extra time on your hands in the upcoming months, you may want to use this time to check in with your family’s finances.
5 Things Business Owners Should Know About SEP IRAs
Own your own business? Whether you're going it alone or managing some top-level talent, you may want to consider offering an SEP IRA. Get started with 5 quick facts as you consider this retirement plan option.
2022 Contribution Limits
Preparing for retirement got a little more room as the IRS announced new contribution limits for 2022. Here's a look at the new limits.
Tax Planning in Turbulent Times
Whether you’re saving, investing, spending, bequeathing, or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. But how do we plan when we cannot know?
Could Custodial IRAs Help Young Adults Buy Homes?
Individual retirement arrangements (IRAs) are for retirement saving, right? Absolutely. Is that their only purpose? Not necessarily.
Are You Eligible for Catch-Up Contributions?
Catch-up contributions can be a great way to make up for lost time when it comes to retirement savings. Are you eligible?
Do You Know Who You're Leaving Your Money To?
Sending your kid off to college comes with a hefty pricetag. As you begin the college planning process, keep these 5 common mistakes in mind.
As of Now, Social Security Benefits Will Be Cut By 2034. Here Are 5 Ways to Help Fill the Gap
If a reduction in Social Security benefits has you worried, strategizing multiple sources of income and planning ahead is key. Here are 5 ways to help fill the gap.
Tax Planning in Turbulent Times Part 1: The Tools of the Tax-Planning Trade
The particulars may evolve, but it seems there are always an array of tax breaks to encourage us to save toward our major life goals—such as retirement, healthcare, education, emergency spending, charitable giving, and wealth transfer.

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