Alterra Advisors
Category: Retirement Planning
The Mega Backdoor Roth – A Hidden 401(k) Benefit
Microsoft led the way in a rarely utilized benefit within their 401(k) plan – the after-tax Roth conversion. And, slowly but surely, other companies are adopting this plan feature. So, how does it work, what other companies offer it and is it worth it?
read more
What Would You Do if Every Day was a Saturday?
What would you do if you didn’t have to work? At first, you’d probably celebrate your newfound freedom – sleep in late, go out more, travel. You’d partake of the pleasures you didn’t have time for before. Maybe you’d even tackle all those home projects you’ve been putting off for years. But after the excitement wears off, what then?
read more
Backdoor Roth IRAs – What Are They and Are They Worth It?
Roth IRAs are one of the few ways to build tax-free retirement income. And with a long retirement time frame, they can build quite the snowball. But, if you make too much income, the IRS won’t let you contribute. Fortunately, for many, the Backdoor Roth IRA can help…so is it worth the extra effort?
read more
Turning Taxes Into Opportunities
Can taxes really be turned into opportunities? We discuss a few strategies!
read more
The ABCs of RSUs, ESPPs, ISOs – Get to Know Your Stock Incentive Programs
In our tech-heavy Pacific Northwest, many companies grant stock or stock options as part of an overall compensation package. These equity incentive programs can seem like a windfall but, as with any source of income, they must be carefully managed so they don’t disrupt your financial plan or create a major tax headache.
read more
The SECURE Act – 6 Changes You Should Know About
A summary of changes to long-standing retirement account rules.
read more