Humorist Dave Barry entertained millions of readers with his nationally syndicated column from 1983 to 2004. Along the way, he earned a Pulitzer Prize for commentary, inspired a television series (Dave's World), and even, after mocking the cities of Grand Forks, South Dakota and East Grand Forks, Minnesota, earned the honor of having a sewage pumping station named after him.
Spring is here, and golfers across the country are busting out their loudest pants to hit the links. Tiger Woods is taking a break from chasing pancake-house waitresses to shank wedges into water hazards. Phil Mickelson, everyone's favorite lefty champ, is struggling with a different sort of hazard right now . . .
Even before your children can count, they already know something about money: it's what you have to give the ice cream man to get a cone, or put in the slot to ride the rocket ship at the grocery store. So, as soon as your children begin to handle money, start teaching them how to handle it wisely.
There are several strategies for moving money into tax-free accounts, however, that may not always be the best choice for you. Having blended retirement accounts make sense when trying to minimize taxes and maximize sustainability.
How to Get Money Into a Tax-Free Account
There are three ways to get money into a tax-free, or ROTH IRA account.
Created by Gregory M. Desmond, CPA/PFS, CFP®
There are a lot of numbers and letters thrown around at tax time. You have probably come to know some of the most common, like W-2 and 1098. This year, one form and its number-letter combinations – will be talked about frequently. That is because nearly everyone will be required to have a version of Form 1095. Here are the basics.