At Extreme Investor Network, we understand the importance of maximizing your retirement savings while minimizing tax implications for yourself and your heirs. Recent reports have shown that individual retirement accounts (IRAs) are growing in size, … Read more
Are you considering converting your 401(k) to a Roth portfolio to avoid Required Minimum Distributions (RMDs)? While this may seem like a smart tax planning move, it’s essential to carefully evaluate whether it aligns with … Read more
Are you facing a contentious divorce battle over retirement accounts? It’s a common issue that many couples face when splitting up, but it doesn’t have to be a nightmare. In fact, there are specific laws … Read more
Diving into the latest Business News, it seems that the Inflation Reduction Act (IRA) could have significant implications on the global automotive industry. According to General Motors board member Jon McNeill, any reduction or rollback … Read more
At Extreme Investor Network, we understand the complexities of managing inherited individual retirement accounts (IRAs) and the potential tax issues that can arise. While inheriting an IRA can provide a financial boost for heirs, it’s … Read more
At Extreme Investor Network, we strive to provide you with unique and valuable information to help you navigate the complex world of personal finance. Today, we want to discuss a recent update from the IRS … Read more
Welcome to Extreme Investor Network, where we provide expert advice and unique insights on all things personal finance. As the tax deadline approaches, you may be wondering how to score a deduction with a pretax … Read more
Are you looking to lower your 2023 tax bill or boost your refund? One lesser-known retirement savings strategy for married couples could help you do just that. It’s called a spousal IRA, and it’s a … Read more