Roth IRA – Putnam Wealth Management

Taxes

Consider a Roth IRA for summer employment earnings

Students may want to consider using a Roth IRA to save some of their summer earnings.

A new retirement bill, known as Secure 2.0, recently passed a key House committee and will be considered by the full House at some point.

Taxes

Investors may want to consider certain strategies to hedge against the risk of higher taxes, including using a Roth IRA conversion.

Taxes

While tax rates are historically low, investors may want to review several tax planning considerations before year end.

Some tax proposals introduced by the Democratic presidential campaign may cause changes to retirement savings accounts.

Taxes

With the possibility of future higher tax rates, investors may want to consider strategies that can be implemented now such as a Roth IRA conversion.

While college students may decide to take a gap year, families can continue to plan for the completion of the college program.

The CARES Act provisions suspended RMDs for this year and may impact investors’ financial plans.

Among the many provisions of the CARES Act are modifications of the rules involving retirement accounts to help both retirement savers and retirees.

Taxes

Volatile markets can present certain financial planning opportunities.