Considering a Backdoor Roth IRA? This strategy can be powerful for high earners—but it comes with caveats. Here's what you need to know before converting.

Still time to cut your 2025 tax bill. See which retirement plans—like SEP IRAs or Solo 401(k)s—can help you save thousands and secure long-term financial growth.

Accessing your IRA before age 59 1/2 typically incurs a 10% penalty, but there are several exceptions that allow for penalty-free withdrawals. Whether it's for medical expenses, higher education, first-time home purchases, or other specific situations, understanding these exceptions can help you manage your retirement savings effectively.

The landscape of small business health coverage has evolved, with Health Savings Accounts (HSAs) becoming a popular choice. Offering tax benefits and flexibility, HSAs allow for tax-free savings on qualified medical expenses. With over 35 million active HSAs in 2022, this trend is expected to grow significantly.

Early withdrawals from a traditional IRA typically incur a 10% penalty tax, but there are several exceptions that can help you avoid this penalty. These include scenarios like medical expenses, higher education costs, first-time home purchases, and more. Understanding these exceptions can help you manage your retirement savings effectively.