How to Convert a Nondeductible IRA to a Roth IRA

There is a trick available to those who are not eligible to make a Roth contribution for whatever reason. I strongly recommend that you use a financial advisor to assist with this trick. It starts by making a contribution that is nondeductible to your IRA, you can see...

AI

It seems the race is on as to who can utilize AI the fastest in replacing humans in their jobs. Hollywood had two major strikes on the issue, kicking the can down the road from the imposition of AI into their work lives, without input. Sports Illustrated has deleted...

Space

It may be the final frontier, but for those looking for more space at an affordable rate is difficult if not impossible. I have one client whose property taxes went from $38,000 to $45,000 to $52,000 in less than five years.  Cook County always has their hands in the...

Interest as a percentage

I was recently reading that interest rates and payments were crippling small companies. Just how much costlier is credit these days? Small firms are paying 9.1% on average, per the National Federation of Independent Business. In 2019, the prime rate, the benchmark...

Housing Affordability

Housing affordability is at its lowest point in almost two decades.  Which my realtor clients can attest to. It has continued to worsen this year as mortgage rates have hovered above 7% since mid-Aug. Jumping to over 8% in November. Affordability is down 8% from a...

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