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Phased out of a Roth IRA? Here’s How to Use the Backdoor and Avoid Tax Traps

Phased out of a Roth IRA? Here’s How to Use the Backdoor and Avoid Tax Traps

by Michele Cagan | Mar 26, 2018 | Do Your Own Taxes, Personal Finance, Retirement Planning

UPDATED FOR 2019 I’m a big fan of Roth IRAs: They offer the most flexibility and best future tax advantages for retirement money… Earnings are never taxed You can withdraw your contributions at any time without penalty You don’t have to take the money out after...
How to Take Control of Your Financial Divorce

How to Take Control of Your Financial Divorce

by Michele Cagan | Mar 1, 2018 | Getting Divorced?, Protect Your Financial Future, Single Mom CPA

When you’re going through a divorce, a lot can slip through the cracks. Emotions and financial issues get intertwined, and that can lead to some very unfortunate outcomes – especially when kids are involved. The best thing you can do for yourself is be prepared for...
7 Things You NEED to Know about Debt and Divorce

7 Things You NEED to Know about Debt and Divorce

by Michele Cagan | Mar 1, 2018 | Getting Divorced?, Managing Debt, Protect Your Financial Future, Single Mom CPA

Divorce and debt are hard enough to deal with separately, and when they come together, it can be like navigating a minefield. The most important thing you can do about this is to protect yourself in every way you can. And the first step toward that is knowing exactly...
How to Avoid Financial Disasters in Your Divorce

How to Avoid Financial Disasters in Your Divorce

by Michele Cagan | Feb 19, 2018 | Getting Divorced?, Protect Your Financial Future, Single Mom CPA

Getting divorced can be like taking a crash course in emergency finances – one you have to take whether you want to or not. And when kids are part of the mix, and you’re a newly single mom – you need to master that class right away. The first lesson – and one of the...
Getting Divorced? Cut ALL Financial Ties

Getting Divorced? Cut ALL Financial Ties

by Michele Cagan | Feb 19, 2018 | Getting Divorced?, Kids and Money, Protect Your Financial Future, Single Mom CPA

It’s sounds drastic: Sever all of your financial ties in the divorce. After all, you were married to this person, you have kids together. And keeping some kind of connection doesn’t seem risky…but it is. No matter how good your relationship is, no matter how well you...
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