Make Your New Year’s Resolutions Stick

Make Your New Year’s Resolutions Stick

Be among the 8% that stick to their resolutions

Will you make a New Year’s resolution this year? One of the smartest resolutions might be getting your finances in order. But as we all know keeping that promise to ourselves is another matter.

A lot of people make money resolutions. According numerous studies, the most popular resolution every year is to lose weight, followed by getting organized, and saving more money. It’s good to see that a financial-related resolution is in the top three.

Here is framework for making your New Year’s resolution stick.

First Holiday Following Your Divorce?

First Holiday Following Your Divorce?

Five Things You Should Do This Year

This year is definitely different from year's past with the Covid-19 pandemic. It may feel even more uncomfortable and lonely if this is your first holiday season since your divorce.

Is this it? Is this the first time since the birth of your kids that you will be forced to spend at least part of the holiday without your children? That's no fun and the first year will prove to be the hardest. Although it will be very different, the entire holiday season doesn’t have to be bad. Here are a few tips.

The Backdoor Roth IRA

The Backdoor Roth IRA

How to Contribute to a Roth IRA Even if Your Income is Too High

Roth Individual Retirement Accounts (IRA) are attractive investment accounts because of the tax-free income that they provide with qualified withdrawals. However, many higher-income earners are not eligible to contribute to a Roth IRA.

Fortunately, there is a strategy to navigate around this – often referred to as the "Backdoor Roth IRA". The process involves opening a traditional IRA, making your desired contribution - up to the annual maximum amount, and then later convert the funds to a Roth IRA…