When you get busy with your business, it’s easy to forget about your retirement accounts and medical coverages and plans. But year-end is approaching, and now’s the time to take action. Here are the six strategies that you can implement before the end of the year. Five of the strategies increase your tax deductions, and
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Good news. The Tax Cuts and Jobs Act (TCJA) did not harm the backdoor Roth strategy. As you may know, the Roth IRA is a terrific way to grow your wealth with a minimum tax downside because you pay the taxes up front and then, with the proper holding period, pay no taxes after that.
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