A Complete Guide to Roth 401k Conversions

Roth 401k

Now anybody can convert an existing 401k into a Roth 401k, so long as your employer offers the Roth alternative. Roger Smith Roth IRAs have been a popular form of retirement savings for some time. And while there are income limitations that prevent higher income workers from opening a Roth IRA, since 2010 these limitations […]

Published or Updated: January 7, 2013

The Debt Movement–It’s Time to Stop the Insanity

Every time you borrow money, you’re robbing your future self–Nathan W. Morris Debt can destroy lives. I saw my parents struggle with mountains of debt when a business failed. I have friends that let debt drive them into bankruptcy. And my wife and I once had our share of debt. We had it all. We […]

Published or Updated: January 4, 2013

The 2013 Tax Hike–What You Need to Know

2013 Federal Tax Hike

Taxes to rise for everybody in 2013 (Source: WSJ) As you’ve probably heard by now, our leaders in Washington have reached an agreement on tax hikes for 2013. While higher rates for the wealthy have dominated the news coverage, the deal reached actually raises tax on all workers. While most of the tax hikes hit […]

Published or Updated: January 2, 2013

The Pros and Cons of Whole Life Insurance

Whole Life Insurance

Whole life insurance policies are a lot like Rodney Dangerfield, they get no respect. Spend five minutes researching term life vs. whole life and you’ll quickly learn that everybody except life insurance salesmen recommend term life. The reason for this is simple–term life insurance is almost always the better option. But like most financial choices […]

Published or Updated: January 1, 2013