Roth IRAs

What Happens to My Roth IRA When My Income Increases?

by Sophia Bera March 20, 2019

I frequently recommend Roth IRAs to my clients as part of their retirement savings strategy. Because you contribute after-tax income, millennials who are still establishing their careers (and therefore are in a lower tax bracket) can lock in a lower tax rate on contributions now, and then pay no taxes when withdrawing money in retirement […]

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The FIRE Movement: A Financial Planner’s Perspective

by Sophia Bera January 23, 2019

More and more, I work with clients who are interested in the FIRE movement (which, if you haven’t heard of it, stands for Financial Independence, Retire Early). Countless blogs, websites, and podcasts are dedicated to FIRE, sharing the stories of how people penny-pinched their way to freedom from The Man. My friend Paula Pant interviewed […]

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The Top 5 Gen Y Planning Blog Posts of the Year

by Sophia Bera July 25, 2018

Nothing inspires my writing more than what my clients and readers (like you!) ask me about. Since I started my blog, your questions, like your lives, have become more complicated. I want to highlight the most popular blog posts of the past year, because they cover some meaty topics that I know many of you […]

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Retirement savings for the self-employed

Retirement Planning if You’re Self-Employed or a Small Business Owner

by Sophia Bera September 27, 2017

Many people refer to retirement savings plans as “401(k)s” even if they’re not, because so many financial advice articles out there focus heavily on 401(k)s. The reality is that there are a variety of ways to save for retirement, and the options you choose can depend on what kind of company you work for, or […]

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Hacking Your Roth IRA

by Sophia Bera July 12, 2017

You know the often-suggested retirement savings checklist: If your employer offers a 401(k), contribute enough to get a match. Max out a Roth IRA if you qualify. Go back to your 401(k) and work toward contributing the maximum of $18,000 per year. Generally, you fund these accounts for the long-term, because early withdrawals can lead […]

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The Ultimate Guide to Roth IRAs

by Sophia Bera January 19, 2017

One of the best things young investors can do to ensure their future financial freedom is begin saving for retirement as early as possible. I recommend Roth IRAs to many of my clients and friends, because the way they work can be especially beneficial to young professionals. You might have a Roth IRA account set […]

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