The Rob Berger Show

Roth IRAs are best known for tax-free spending in retirement. What many don't know, however, is that if you make a mistake with a Roth IRA, you could end up owing taxes or a 10% penalty on some of your withdrawals.In this video, we'll walk through how to avoid these Roth IRA tax traps. We'll cover the two 5-year rules of Roth IRAs, the ordering rules of withdrawals, the aggregation rule, and even the backdoor Roth IRA.Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

Several weeks ago some reported what has been called the Chase Glitch. The glitch allowed people to deposit bogus checks at Chase ATM's and then immediately withdraw the funds. That glitch has now moved to Fidelity, where some have tried depositing bogus checks via Fidelity's mobile app, and then immediately taking out the money. In response, Fidelity has limited check deposits via its mobile app, extended hold periods on deposited funds, and even locked some customers out of their accounts.Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

Today, we look at five apps you can use to track your investments. Three of them are free, and two are paid. All of them are excellent tools depending on the features you want.Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

Yesterday the Fed lowered the Fed Funds rate by 1/2 of a percent. The prime rate followed, going from 8.5% to 8.0%. Rates on everything from credit cards to savings accounts to CDs also went down. And the rates on bonds and mortgages continued to decline.Given all of this, where are the best places to keep your cash?The Fed's Statement: https://www.federalreserve.gov/newsev...30-year U.S. Bond Yields: https://fred.stlouisfed.org/series/MO...T-Bill Yields: https://home.treasury.gov/resource-ce...Savings Accounts: https://www.allcards.com/savings-acco...No-Penalty CD Rates: https://www.allcards.com/no-penalty-c...Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

While stock market returns get most of the attention when it comes to retirement portfolios, we should be equally concerned with inflation. In this video, I walk through how to incorporate inflation assumptions into a retirement plan using New Retirement planning software.Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

New Retirement (Boldin): https://robberger.com/new-retirementNew Retirement, which just changed its name to Boldin, has launched a new feature that makes it easy to customize the order of accounts you use to fund your retirement. In this video, we'll look at the new feature and some advanced strategies on how to use it. Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

When to claim Social Security benefits is one of the most critical questions we'll answer in retirement. In this video, we'll look at the 3 most common strategies and a framework for making a decision. We'll cover strategies if you never been married, married, divorced or widowed.Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

The stock market has declined so far today, with the S&P 500 down more than 3% as I type these words.So I thought I'd share my perspective about what's going on.Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

Discover the ins and outs of a Backdoor Roth IRA, a savvy strategy for high-income earners. Learn the key differences between IRA and 401(k) contributions and why non-deductible contributions can be beneficial. Explore the history and legality of this approach, plus the impact of the Pro Rata Rule on your tax situation. Dive into the Mega Backdoor Roth option and understand the nuances of converting mixed IRA balances. Finally, crunch the numbers to see if the potential tax-free growth is worth the effort.

It can be scary for retirees to invest in the stock market. At the same time, investing in just fixed income can expose us to the risk of running out of money. So in this episode I walk through 8 things to consider if you are nervous about investing in stocks.New Retirement: https://go.robberger.com/new-retireme...Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...