20 Mar Can I have both Roth and traditional IRAs?

Posted at 12:03h in Ask NJMoneyHelp, Retirement

You can have both, but you can only save so much in each during the same tax year. ...

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19 Sep Can I put my RMD into a Roth IRA?

Posted at 12:53h in Ask NJMoneyHelp, Retirement, Taxes

The rules for moving money from one IRA to another aren't simple. ...

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06 May Should I use a Roth 401(k) or a Roth IRA?

Posted at 05:01h in Ask NJMoneyHelp, Retirement

If a 401(k) has matching funds, don't leave free money on the table. ...

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03 Apr Are Roth rollovers really considered income for Stay NJ application?

Posted at 12:01h in Ask NJMoneyHelp, Taxes

The new combined application for property tax relief has some important changes. ...

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16 Dec Can I give my kids Roth IRAs for Christmas?

Posted at 05:01h in Ask NJMoneyHelp, Retirement

Money for a future retirement is a very valuable gift. ...

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12 Feb Should I lower 401(k) contributions to do a Roth IRA?

Posted at 05:01h in Ask NJMoneyHelp, Retirement, Taxes

Tax breaks now or later? How to balance your goals. ...

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26 Sep Can I open Roth IRAs for my adult children?

Posted at 05:01h in Ask NJMoneyHelp, Retirement

There are limits and income requirements to consider before investing....

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07 Apr Can I open a Roth IRA for my daughter?

Posted at 05:01h in Ask NJMoneyHelp, Retirement

You must meet certain criteria to be eligible for an IRA. ...

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21 Jan Are taxes owed when you invest in a Roth IRA?

Posted at 05:01h in Ask NJMoneyHelp, Retirement, Taxes

You only pay tax when you take distributions from a traditional IRA. ...

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07 Jan Will my Roth IRA be tax free if my adult kids inherit it?

Posted at 05:01h in Ask NJMoneyHelp, Estate Planning

A tax-free account is a valuable item to inherit....

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