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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

The money in the IRA can be used during your lifetime, but then can accumulate tax free while the next guy in line for it takes minimum distributions over his life. This is because the money is protected in the tax deferred (or tax free) account and it can build significantly over time. Roth IRA contributions are made post tax.

Converse 176
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11 Best Trading Platforms for Day Trading of December 2023

Savings Corner

Pamela de la Fuente is the assigning editor on NerdWallet’s taxes vertical. Her team covers tax brackets and rates, income tax filing and tax-advantaged retirement accounts, among other topics. Everybody needs to understand taxes after all, right?) She has been a writer and editor for more than 20 years.

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12 Best Robo-Advisors of December 2023

Savings Corner

Pamela de la Fuente is the assigning editor on NerdWallet’s taxes vertical. Her team covers tax brackets and rates, income tax filing and tax-advantaged retirement accounts, among other topics. Everybody needs to understand taxes after all, right?) She has been a writer and editor for more than 20 years.

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Financial Must Do Tasks Before December 31

Prairie Eco-Thrifter

Keep a close eye on December distributions so that you can know whether or not to sell losing stock, do a Roth conversion, or a redemption. Do the same for taxes paid. Do a Roth conversion. Once December 31 rolls past, you’ve lost the ability to give that year’s money tax free to others. Sell losers.

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Breastfeeding Supplies Tax Deductible

Saving Cents With Sense

Breastfeeding supplies are now tax deductible. However, if you are thinking of buying, you can always check out Amazon for a great sale – and remember to keep your receipt for your tax information. Disclosure: I am not a tax professional and this is not official tax advice. ©2009-11 Saving Sense Media LLC.

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P.F. Chang’s: 15% Off for Tax Day (4/18)

Saving Cents With Sense

To ease the pain of tax day, P.F. Don’t forget to connect on the Saving Cents with Sense Facebook page for more deals and fun conversation! Chang’s is offering 15% off all dine-in or take out orders on Monday, 4/18/11. ©2009-11 Saving Sense Media LLC. All rights reserved.

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Cinnabon: FREE Cinnabon Bites for Tax Day(4/18)

Saving Cents With Sense

Need a sweet treat on Tax Day? Don’t forget to connect on the Saving Cents with Sense Facebook page for more deals and fun conversation! Head over to Cinnabon on 4/18 from 6-8pm and you can get 2 FREE Cinnabon bites. ©2009-11 Saving Sense Media LLC. All rights reserved.