fbpx
Financial Planning, Wealth & Tax Advisory

Market Week: November 4, 2024

Wall Street saw stocks end October with a whimper, although equities began November on a high note. Each of the benchmark indexes listed here closed last week lower, except the Russell 2000. A surprisingly weak jobs report (see below) at the end of the week was offset by solid earnings reports from a couple of […]

Backdoor Roth IRA: Advantages and Tax Implications Explained

The backdoor Roth IRA strategy is not a tax dodge. When you transfer the assets of a traditional IRA to a Roth IRA, you owe taxes on any funds—the principal as well as any earnings and appreciation—that have not been taxed previously.