Backdoor roth ira 2022

Share to Twitter Share to Linkedin Prepaid college savings plans have long been an alternative to a 529 plans when it comes to saving for college. What is a prepaid college tuition plan ? Generally speaking, these plans let parents lock in college tuition at today's prices with the goal of funding school ahead of time. The idea behind these plans is letting families purchase college units or credits with a lump sump payment, or through regular payments, at which point the plan administrator invests the money on their behalf. With the money stashed away and invested, the goal of these accounts is growing the underlying funds to keep up with rising tuition costs until the child reaches college age. At that point, the funds are transferred to the school to cover tuition costs and other eligible higher education expenses. While that all sounds good and well, something is going wrong in the prepaid college tuition industry — at least in the state of … [Read more...] about Prepaid College Savings Plan Under Fire In Maryland: Should You Be Worried?

Share to Twitter Share to Linkedin French President Emmanuel Macron took a bold step last Friday by raising the legal retirement age in his country from 62 to 64, bypassing parliament and potentially setting his government up for a vote of no confidence. The unpopular pension reform, Macron says, is necessary to address the financial deficits caused by pandemic spending and the European energy crisis. With the U.S. watching closely, could France’s pension reform serve as a blueprint for future changes to Social Security? I don’t envy Macron for making this tough call. The people of France enjoy one of the most generous pension systems in the European Union (EU). According to 2020 data, France spent a jaw-dropping 14.7% of its GDP on pensions alone. However, the sustainability of this pension system is being threatened by demographic changes. The Western European country has one of the highest life expectancies in the world, and the expected years in … [Read more...] about From France To The U.S.: Pension Reforms And The Retirement Age Debate

President Joe Biden vetoed the first bill of his presidency on Monday, halting a Republican-led effort to overturn a federal rule allowing retirement plan advisers to take environmental, social and corporate governance (ESG) factors into account. “I just signed this veto because the legislation passed by the Congress would put at risk the retirement savings of individuals across the country. They couldn’t take into consideration investments that would be impacted by climate, impacted by overpaying executives. And that’s why I decided to veto it. It makes sense to veto it,” Biden said in a video. I just vetoed my first bill. This bill would risk your retirement savings by making it illegal to consider risk factors MAGA House Republicans don’t like. Your plan manager should be able to protect your hard-earned savings — whether Rep. Marjorie Taylor Greene likes it or not. pic.twitter.com/PxuoJBdEee — President Biden (@POTUS) March 20, 2023 “This bill would risk your … [Read more...] about Biden Vetoes Republican-Led Bill On ESGs

Manhattan District Attorney Alvin Bragg, a progressive prosecutor backed by George Soros, is prepared to indict former President Donald Trump on Tuesday. Bragg is prepared to charge Trump for alleged hush-money paid to former porn star Stormy Daniels ahead of the 2016 presidential election. Trump allegedly directed lawyer Michael Cohen to send $130,000 to Daniels to keep quiet about an alleged extramarital affair. (RELATED: Trump Announces On Social Media That He Expects To Be Arrested On Tuesday) Alvin Bragg is abusing his office to target President Trump while he’s reduced a majority of felonies, including violent crimes, to misdemeanors. He has different rules for political opponents. Republicans stopped the radical DC crime law, and we will investigate any use of… https://t.co/5yYIo8SUOC — Kevin McCarthy (@SpeakerMcCarthy) March 19, 2023 Bragg ran as a progressive criminal justice reformer in a competitive Democratic primary for Manhattan District … [Read more...] about Soros-Funded Prosecutor Comes For Trump After Letting Felons Off The Hook

A former Australian SAS soldier was arrested and charged Monday with murder after an investigation into war crimes in Afghanistan. Oliver Shulz, 41, was arrested in New South Wales, and will face court Tuesday after becoming the first Australian veterans to be charged with a war crime, according to the BBC. If found guilty, he faces a life sentence in prison. Schulz is said to be Soldier C, who was shown in a 2020 ABC Four Corner documentary on alleged war crimes, shooting Afghan men in a wheat field, the BBC reported. Schulz reportedly fired at the men while they worked the field in Uruzgan Province, Afghanistan, in 2012. ‘Many Sins’: Congressman Destroys Biden A Year After Botched Afghanistan Withdrawal https://t.co/660FPu2uzH — Daily Caller (@DailyCaller) August 15, 2022 The Brereton Report, released in 2020, uncovered “credible evidence” that Australian elite soldiers killed 39 people throughout the Afghan war, the BBC reported. Nineteen current and ex-SAS … [Read more...] about Australian Veteran Charged With War Crimes In Afghanistan

The Pentagon said a proposed GOP defense budget cut back to fiscal year 2022 levels would be “potentially devastating,” according to a letter sent to Congress on March 17, released Monday. The defense budget could receive a cut of $73.7 billion from its current budget, and even more compared to the Biden administration’s request for fiscal year 2024 under House Majority Leader California Rep. Kevin McCarthy’s still unclear spending proposal, Department of Defense (DOD) comptroller Michael McCord wrote in the letter addressed to House Appropriations Committee Ranking Member Rosa DeLauro of Connecticut. Such a deficit would cut a deep gash into the administration’s strategy to reinforce Pacific defense networks and improve military readiness, McCord argued. “Those who would propose deep cuts to our budget have a responsibility to describe those goals in our strategy they wish to abandon or scale back in the Indo-Pacific, Europe, in the homeland or elsewhere,” McCord wrote. … [Read more...] about ‘Potentially Devastating’: Pentagon Responds To Proposed GOP Defense Budget Cuts

Share to Twitter Share to Linkedin “The core of your team gets built on the road,” said Oklahoma City Thunder coach Mark Daigneault on Sunday evening before the team hit the road for a trip out west. To him, road trips are great for a developing young team and there are plenty of lessons to be learned. “I love playing on the road. It’s a great test,” said Daigneault. “It’s strips away everything except for your team. It’s just you. I actually think road games, wins and losses, build a lot of chemistry because it limits a lot of distractions.” While these games are great tests, they’re extremely difficult to win. In fact, only two teams in the entire Western Conference have a winning record on the road this season. Oklahoma City is currently 13-21 away from Paycom Center in the 2022-23 campaign and facing a pivotal a four-game road trip. Over the course of the next week, the Thunder will play the LA Clippers twice, followed by the Los Angeles Lakers … [Read more...] about OKC Thunder To Face Most Pivotal Road Trip Of Season

Share to Twitter Share to Linkedin With or without Aaron Rodgers, the folks in the desert didn't give the Green Bay Packers much of a chance to win the NFC North on 2023. Before it became clear that Rodgers’ time in Green Bay was over, Fanduel gave the Packers the third-best odds to win the division at +340. Now, with Rodgers expected to be playing for the New York Jets in 2023, Green Bay’s odds are at +410. What is fascinating, though, is Fanduel believes the Packers will finish last in the NFC North. The last time that happened was 2005, when Green Bay went 4-12. In fact, the Packers have been either first or second in the division 14 of the past 17 years and third just three times (2008, 2017, 2018). Fanduel currently has Detroit as the divisional frontrunner at +130. The Lions haven't won the NFC North since 1993. Minnesota, which won the division by four games in 2022, is picked for second at +310. Chicago, which had the worst record in the … [Read more...] about Oddsmakers Believe The Green Bay Packers Will Finish Last In The NFC North

Share to Twitter Share to Linkedin While the 2022-23 season didn’t end the way Haley Jones envisioned it for Stanford — with a 54-49 loss to Mississippi that concluded Jones’ senior season in the second round of the NCAA Tournament — Jones’ multi-dimensional life plan means she’s just getting started on what’s on tap for 2023. “Yeah, my time at Stanford has been interesting,” Jones told reporters following the game Sunday. “I guess, you know, COVID, freshman year, that played into a lot of different things, and then the COVID season that's unheard of. I never expected that to be part of my college experience. “So then winning a National Championship, three Pac-12 Championships, 2 Pac-12 Tournament Championships; so I have a lot to be proud of for my Stanford career. It's hard to feel that way right now, but I know at some point that will hit and sink in. I'm happy with my time at Stanford and the relationships I've made that are going to carry on past my … [Read more...] about After Stanford, What’s Next For Haley Jones?

Share to Twitter Share to Linkedin Everyone who’s ever met or spoken to Paddy Pimblett could probably attest to one thing. He’s as easygoing as anyone you'll ever talk to. And the simplest conversations with the mixed martial arts fighter feel like a chat with an old friend down at the pub. Perhaps it was for that reason that Pimblett, who called me “fella” and “lad” throughout our short Zoom interview earlier this month, seems like the kind of that Guy Ritchie would cast in one of his films. I mention that and ask if he sees “Paddy The Baddy” in future motion pictures. “Yeah, definitely,” Pimblett said. “I’ll be in movies one day, lad. Don't worry about that. I’ll be in films, 100%!” Pimblett kicked off the month of March with a trip to Southern California, where he hoped to catch some sun and train with a group of professional MMA fighters from Indonesia. While on his trip to San Diego and Los Angeles, Pimblett visited with UFC legend Chuck … [Read more...] about Paddy ‘The Baddy’ Pimblett Touts Mental Health, Being Approachable Part Of UFC Life