Suppose you just quit your full-time job and want to start building your Roth IRA Conversion Ladder. You expect to only use qualified dividends and long-term capital gains for income during your first year of retirement so that means you have $10,000 of tax space you can use for a compl...
If you’re self-employedor don’t have access to an employer-sponsored account such as a 401(k), then an IRA can be your go-to account for building up your retirement savings while reducing your taxes. Even if you have a retirement account through your employer, you can supplement that ...