Last week Congress passed - and the President signed - the Consolidated Appropriations Act of 2023 (pdf). This is the huge omnibus spending bill that funds the government, but also includes many changes to retirement accounts that were originally knows as the Secure Act 2.0. Jeffrey Levine does his usual wonderful, incredibly in-depth job of … Continue reading Some Notable Retirement Account Changes
Tag: Roth IRA
Working Teens and Roth IRAs
Summary: If you have a teenager with a job, opening a Roth IRA for them is really good idea from both a learning and a financial perspective. Our daughter is 17 and has had a part-time job for a little over a year. She makes minimum wage and probably works about 8 hours a week … Continue reading Working Teens and Roth IRAs

