Backdoor Roth IRA Contributions

Implementing a “Backdoor Roth” strategy is a terrific way to build after tax retirement balances.  Roth IRAs allow for annual non-deductible IRA contributions which grow tax-free and there are never any required distributions as with a tax deductible IRA.  This makes Roth IRAs a very appealing savings option for those … Read more »

Houston Sees Significant Boost in Home Sales in December 2019, Exceeding Past Years

Owen Murray Shares Thoughts with Houston Chronicle About Stock Market Impact on Home Sales The Houston Chronicle recently reported that December home sales in the Houston area jumped 14 percent from the year before and that a total of 102,500 homes were sold in Houston in 2019, the first time … Read more »

Owen Murray Interviewed by Houston Chronicle on the Current State of the Houston Residential Real Estate Market

The Houston Chronicle recently published an article that covers the current state of the Houston housing market. According to the article, data released by the Houston Association of Realtors indicates that home sales are finally seeing the pop real estate agents were hoping for over the summer when mortgage rates … Read more »

IRS Gives Extra Time to File and Pay Taxes for Houston Area Residents (2019 Version)

The IRS is providing flood relief to Houston area taxpayers impacted by Tropical Storm Imelda. The relief applies to taxpayers in Harris, Chambers, Jefferson, Liberty, Montgomery and Orange Counties. Taxpayers in the affected area have until January 31, 2020 to file business and personal tax returns and make tax payments. … Read more »

A Message for Millennials: Don’t Give Up Hope!

Planning Your Financial Future Can Start Now Discussions surrounding young adults’ prospects for retirement are trending in recent news. Young professionals have gathered online to communally air their current financial grievances and the dismal outlook they share towards their financial futures. According to these online discussions, many young professionals feel … Read more »