Key Takeaways: Roth IRAs enable retirement savers to generate tax-free earnings. Income limits apply to Roth IRAs. Unlike a traditional IRA, contributions to a Roth IRA are made with after-tax dollars. You must be 59 1/2 or older and meet a five-year holding requirement to withdraw without taxes or penalties. A Roth IRA can be…
Key Takeaways: A 60/40 investment portfolio is usually comprised of 60% stocks and 40% bonds. A 60/40 retirement portfolio split should only be deployed after a thorough assessment of the retiree’s unique financial needs. A candid discussion of a 60/40 retirement savings strategy should take place between the retiree and a trusted financial advisor. The…
