Landfills are major greenhouse gas emitters. They’re the third-largest source of U.S. greenhouse gas emissions, accounting for 14.4% of the total. Landfills produce carbon dioxide and methane gas. Methane is the more dangerous contributor to global warming. It’s 28 times more effective at trapping heat in the atmosphere than carbon dioxide. While methane gas is […]
DENVER (KDVR) — The race continues to build more apartment units across the metro area to accommodate Denver’s growing population. The plan includes turning old offices and hotels into new homes, and the biggest benefit may be reducing high rent prices. Colorado Gov. Jared Polis signs bill to reduce income tax rate A vacancy and […]
Required minimum distributions, or RMDs, are a problem for some retirees. If that’s your situation, a Roth conversion may be able to help. The advantage to switching your money from a pre-tax portfolio, like a traditional IRA, to a post-tax Roth IRA is an end to RMD concerns. Since you’ve already paid taxes on the […]
Financial advisor and columnist Brandon Renfro I’m 68 and recently retired and have about $1.4 million in accounts intended for retirement ($1.2 million in a Traditional IRA and $110K in a Roth). I also am receiving about $47,000 annually in Social Security benefits. My RMDs are scheduled to start in 2027, and as a result, […]
A man calculates how much you’ll pay in income taxes when he converts his traditional IRA into a Roth IRA. There’s no way to entirely avoid paying income taxes when you convert a traditional IRA into a Roth account. However, with smart financial planning you can reduce the impact of those taxes. A financial advisor […]
Feb. 20—City officials will meet with residents via Zoom on Thursday evening to discuss the next phase of Santa Fe’s LED streetlight conversion project, which involves Public Service Company of New Mexico. The project sparked controversy when it began in early 2021, with advocates for dark night skies raising concerns about the color temperature of […]
A woman and her husband look over their IRA balances as they talk about their plan for retirement. If you’re looking for a tax-savvy way to deal with you required minimum distributions (RMDs), converting them into a Roth IRA isn’t an option. A financial advisor can help you plan for RMDs and figure out if […]
Converting a 401(k) to a Roth IRA can potentially provide valuable long-term benefits, but it also triggers a tax bill that you’ll need to plan for. While the taxes on a Roth conversion can’t be avoided, savers can reduce the burden through several strategies like gradual conversions and timing adjustments. Those nearing retirement can weigh […]
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If you are considering leaving a job and have a 401(k) plan, then you need to stay on top of the various rollover options for your workplace retirement account. One of those options is rolling over a traditional 401(k) into a Roth individual retirement account (Roth IRA). This can be a very attractive option, especially […]