It’s probably best to have a diversified approach to your tax planning for retirement in the same manner you would have a diversified approach to your investments. Read full article.
In Kiplinger's, Scott Hanson answers the question: I am 41 years old, and my wife and I are both public school teachers. We’ve been contributing to our 403(b) accounts in order to supplement our pensions, and we’ve each accumulated about $100,000. Because we are in a position to save more, we’re wondering if we should increase our contributions to our 403(b)s, save in Roth 403(b)s, or save in Roth IRAs. What is your opinion? Read more.