When Should I Convert to Roth? (If Ever)
As a firefighter, your career likely offers a pension that provides stability during retirement. But for those of you with additional savings options, such as a 457(b) or even a Solo 401(k), you may be wondering when you should convert your traditional contributions to Roth–if ever. Roth accounts allow your investments to grow tax-free, don’t […]
Roth vs Traditional 457(b) Plans: What Firefighters Need to Know
In 1789, Benjamin Franklin wrote a letter to a French physicist regarding the permanency of the newly minted U.S. Constitution but lamented that only two things in life are certain – death and taxes. That statement rings as true today as it did in 1789, perhaps even more so. The U.S. Government now collects taxes […]