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How does a backdoor Roth IRA work?

Saving for retirement can be a daunting prospect; there's a lot to learn along the way. For example, individual retirement accounts, or IRAs. To start, there are two different types: traditional and ...
There’s a new rule in place that makes 529 plans an even more attractive way to save for your child’s education. As of last year, unused funds in a 529 plan can be transferred into a Roth IRA. As a ...