Understanding Nondeductible IRA Strategies

Learn how to maximize retirement savings with a nondeductible IRA. Explore tax-deferred growth, backdoor Roth conversions, and strategic planning tips.

Retirement PlanningParkshore Wealth ManagementFebruary 1, 2025IRA, Nondeductible IRA, Roth IRA, Backdoor Roth, Income Limits, Tax Planning, High Income Earners

Roth Conversions: Are They Right for Your Retirement Plan?

Discover the pros and cons of Roth conversions and determine if this retirement strategy aligns with your financial goals.

Retirement PlanningParkshore Wealth ManagementJuly 15, 2024Traditional IRA, Roth IRA, Roth Conversion, Medicare, RMD, Required Minimum Distribution, Tax-Free

How Inherited IRAs Work

If you recently inherited a traditional or Roth IRA, you need to know the rules. There have been big changes since the SECURE Act was passed.

Financial PlanningParkshore Wealth ManagementSeptember 13, 2023Inherited IRA, Traditional IRA, Roth IRA, Tax Planning

Down Market? Consider a Roth Conversion

There is a potential silver lining to market drops: the Roth conversion. Read this article to find out how one could benefit you.

Investment ManagementParkshore Wealth ManagementJuly 1, 2022Down Market, Market Drop, Roth Conversion, Roth IRA, Traditional IRA

Roth 401(k) vs. Roth IRA: What’s the Difference?

Trying to decide between a Roth 401(k) and Roth IRA? See how the differences fit into your financial goals.

Investment ManagementParkshore Wealth ManagementMay 14, 2021Retirement Planning, Roth IRA, Roth 401(k)