Converting After-Tax 401k contributions to Roth

Roth Conversion of After-Tax 401k Funds

It's time to reconsider whether making after-tax contributions to a 401k is a good financial planning strategy. Prior to the IRS' ruling last fall, it was unclear whether you could convert after-tax 401k  contributions to Roth.  And if you did convert them, there was disagreement in the financial … [Read more...]

Tax provisions extended for 2014

2014 Tax Provisions Extended

While Congress took the extension of many popular tax provisions down to the wire, the Tax Increase Prevention Act of 2014 passed before the end of December.  All of the following provisions were among those retroactively extended, and are now effective through the end of 2014.    So for those of us … [Read more...]

November Personal Finance Newsletter

2014 Tax Provisions Extended

Our November personal finance newsletter is now available.  In addition to the investment market update, it includes several articles on personal financial planning. We have updates released by the IRS and social security administration for 2015: Retirement plan contribution limits for … [Read more...]

Fall Retirement Planning Workshops Announced

Retirement planning in Keller TX

Our fall schedule for retirement planning workshops at the Keller Public Library has just been released.  The series is entitled Countdown to Retirement and is designed for individuals and couples within 5 – 10 years of retirement. During the workshop sessions you will learn about the tools and … [Read more...]

August 2014 Personal Finance Newsletter

The August 2014 Personal Finance Newsletter is now available.   It includes a year-to-date investment market update, plus thoughts on why we shouldn't fear a correction.  In addition, we highlight 10 tax breaks that haven't been extended yet for 2014 and why you may wish to consider a Roth IRA for … [Read more...]