Custodial Roth IRAs: A CPA’s Guide to Family Financial Planning
We all want our kids to grow up with strong financial habits, a solid work ethic, and the confidence to make smart financial decisions as adults. In a previous article, we talked about how to lay the groundwork for financial success early on—using strategies like allowance systems, budgeting, and even basic investing principles. Now, let’s […]
Roth Conversions: A Strategic Move for CPAs
The introduction of the Roth account revolutionized the retirement planning landscape. In response to challenges faced by Americans in saving adequately for retirement, the Roth account emerged as a solution, offering the promise of tax-free earnings and withdrawals. It also introduced the flexibility for savers to Roth conversions by converting all or part of their […]
