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Tag: MAGI

The Basics of the Traditional IRA

By Mack Bekeza, CFP® Hopefully, you enjoyed my piece on Roth IRAs, but what about Traditional IRAs? Don’t people ask me about those too? Well yes, they do! For those who earn too much to contribute to a Roth IRA, you may want to consider the Traditional IRA (or just IRA) What is a Traditional IRA? Established...

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The Basics of the Roth IRA

Mack Bekeza, CFP® As a Certified Financial Planner™, one of the most frequent questions I am asked is, “How does a Roth IRA work?” The Roth IRA can be a powerful tool for retirement planning and is usually one of the first retirement accounts investors establish to save for retirement due to how easy...

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