Finance

Roth IRAs: What “tax-free” really means and when it makes sense to switch

Roth IRAs trade a tax break today for the possibility of tax-free growth and withdrawals later. A recent column argues that managing future RMDs and inheritance rules is where Roth accounts — and gradual conversions — can have the biggest impact.

Las Cruces Ends Movie Studio Partnership, Seeks $1.3M Refund

Las Cruces has ended its partnership with film studio 828 Productions after the company failed to fulfill its investment and job creation promises, and the city is seeking to claw back about $1.3 million in public funds. The move highlights challenges and accountability questions in economic incentive deals for local development.

Quantum Investment in Downtown Albuquerque Could Strengthen New Mexico’s Tech Economy

New state investment and private partnerships are positioning downtown Albuquerque as a potential hub for quantum innovation, with QuEra computing serving as the anchor tenant for a new public-supported quantum laboratory. The initiative aims to turn cutting-edge research into commercial companies and high-skill jobs in New Mexico’s growing technology sector.

New Mexico Legislature Tackles Budget, Health, Education and Public Policy Early in 2026 Session

The 2026 regular session of the New Mexico Legislature opened in Santa Fe with lawmakers confronting budget priorities, health care access, and infrastructure spending amid economic headwinds. With Democrats controlling both chambers and a packed policy agenda, early action reflects efforts to balance fiscal discipline with long-term investment.

Former Albuquerque Church Treasurer Indicted in $2M Fraud and Tax Case

A former treasurer of a New Mexico abbey has been indicted on federal charges alleging he stole more than $2 million from church funds and filed a false tax return, authorities say. The case, brought by the U.S. Attorney’s Office for the District of New Mexico, highlights the severe legal consequences of alleged financial misconduct within nonprofit religious organizations.

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Record 254 Bears Killed After Roaming Into Towns as Drought Drives Desperate Animals From the Mountains, Making 2026 a Bad Year for Bears

New Mexico has already killed a record 254 black bears in human conflicts this year as drought and food shortages drive hungry animals into towns.

New Mexico’s Wind and Solar Projects on State Lands Already Rake in Millions With $2.5 Billion Projected by 2040

New Mexico’s wind and solar projects on state trust lands are generating millions in revenue, with $2.5 billion projected by 2040.

Los Lunas Man Arrested After Allegedly Admitting He Fell Asleep While Driving in Fatal Arizona Crash

A man allegedly fell asleep while driving a pickup truck, which reportedly caused a collision with a sedan carrying a family of four, who all died in the accident on Arizona State Route 260.

Nearly 2 Million Gallons of Oil and Gas Waste Spilled Across New Mexico This Year, Watchdog Says

More than 1.9 million gallons of oil and gas waste have been reported spilled across New Mexico in 2026, with over half occurring on public and Tribal lands.

Tijeras Community Raises Funds to Help a Grieving Family After 1-Year-Old Dies at New Mexico Early Learning Academy

The Tijeras community launched a fundraising campaign to help a local family who lost their one-year-old son on Wednesday at New Mexico Early Learning Academy after he was found unconscious and not breathing.