From the category archives:

Retirement

The Ultimate IRA Rules

June 22, 2010

IRA stands for Individual Retirement Account, which allows you to save for your retirement by contributing for as long as you make taxable earnings. Taxable earnings include fees, bonuses, wages, salaries, taxable alimony, tip, separate maintenance payments, and commission on sales. There are established IRA rules concerning how much money you can place to your [...]

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2010 Roth IRA Withdrawal Guidelines

June 16, 2010

For those that have Roth IRA’s one of the important things to keep up with are the withdrawal rules. These rules can change from year to year, so it is important to stay on top of what the latest rules are. Some important rules highlights for the 2010 Roth IRA withdrawal guidelines are: You may [...]

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Is An Early Roth IRA Withdrawal Right For You?

June 7, 2010

So you want to take an early withdrawal from your Roth IRA, and you’re wondering what, if any, IRA penalties you will incur because of this. Chances are, it’s a bit more than you want to pay.  Let’s take a look at how and why you can avoid some of these penalties. A Roth IRA [...]

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401 Rollover Advice for a Well-Off Retirement

May 25, 2010

“Convert your 401k retirement plan into an Individual Retirement Plan”, this is the best 401 Rollover advice you should carry out. After the 401k IRA rollover, it will be the best time for you to view the performance of your investments. Generally speaking, a 401k account is a great means to sufficiently save for your [...]

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Is Early Retirement Remotely Possible?

May 8, 2010

Traditional retirement is a thing of the past for most Americans.  The days of one person getting a job and working there until the day they retire are long gone.  Furthermore, we have experienced market crashes where many have seen their investments plummet, we’ve had record foreclosures, double digit unemployment, underfunded 401k and a bankrupt [...]

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Saving For Later Makes Things Better

May 6, 2010

If you are aware of the benefits of the 401k, then hopefully you have been keeping yours well funded before you decide to cash it out. You will want to make sure that you take full advantage of your employer’s matching funds if they offer them. You will also want to keep your money in [...]

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401k and Retirement Facts

April 5, 2010

A recent study revealed that over 40% of Americans have less than $10,000 in savings. That figure covers any kind of savings — retirement, emergency fund, kid’s college fund. While the economic downturn has helped begin a sea change, helped begin to turn American from spenders into savers, there is still work to be done. [...]

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Roth IRA Rules You Should Know About

March 25, 2010

An IRA or Individual Retirement Account is an investing device used by many individuals to plan ahead for retirement. An IRA is a common investment vehicle because it is often offered by employers. The Roth IRA is slightly different, and so are the Roth IRA rules. The Roth IRA was established as a means through [...]

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Traditional Vs Roth IRA

March 17, 2010

There are actually eleven different types of IRAs, but the two main IRAs for individuals are the Traditional IRA and Roth IRA.  There are many similarities (for instance, the Roth IRA deadline is the same as that of the Traditional IRA), but there are some key differences differences between these two types of individual retirement [...]

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