Since its inception in 1998, the Roth IRA, ("Roth" for its legislative sponsor, the late Senator William Roth, and "IRA" for individual retirement account), has been one of the most popular retirement...
Today is the best day to start planning and saving for the rest of your life. The 401(k) is a wonderful savings plan if offered by your employer because the money goes directly into your retirement...
Once upon a time there was a man named Joe who decided he wanted to be a fisherman. He went out looking for work and found a job on a fishing boat. Joe was very dedicated and hardworking. He plann...
An additional income tax deduction may be available by contributing to an IRA. However, many people may not realize they qualify to have an IRA. So let's take a look at the contribution rules. ...
Rollovers can be a confusing subject. This is because rollovers can come from qualified plans, tax sheltered annuities, eligible Section 457 government plans and the five types of IRAs. Here,...
How well do you know Roth IRAs? Here are five tough questions. Let's see how you do...1. I am 72 years young and still working. Can I set up a Roth IRA?Yes. Unlike a traditional IRA, which does not...
One of the most attractive features of a Roth IRA is the ability to control the timing of the eventual required distributions. However, this ability mandates the withdrawals to be made within a prescr...
You have a number of choices when it comes to selecting a beneficiary (or beneficiaries) for your IRA. Some are appropriate. Some are mistakes and can lead to delays and expenses in getting the fun...
When setting up a Self Directed IRA care must be taken in the documentation. The most important of these documents is the Operating Agreement used in governing your limited liability company.Limited L...
Have you heard of the "non-deductible" IRA? I'm not referring to the ROTH IRA, but a traditional IRA that many people are stuck with as their only option (for various reasons that make investing in ot...