From the category archives:

Taxes

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. [...]

Read the full article →

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 [...]

Read the full article →

IRA Retirement Tips

March 13, 2010

Opening an IRA is simple, though you should first understand the rules and regulations stipulated by the law. You can only have a retirement savings plan if you are an eligible taxpayer. Your income is the foremost qualification in having a retirement plan. You can fund or make contributions to your retirement account with cash [...]

Read the full article →

Spousal IRA Basics

December 12, 2009

What is a Spousal IRA? Well, first you need to know that an IRA (Individual Retirement Account) is a tool made for everyone to invest in their retirement. You need to have a job and a proper income in order to add funds to your retirement savings. There are four types of IRAs: Traditional IRA, [...]

Read the full article →

Best Roth IRA – Save Thousands on Your Taxes

December 8, 2009

A Roth IRA is a method for saving that has already helped millions of regular people to move towards reaching their economic goals, even though it is barely 12 years old. This type of retirement savings account has grown to be extremely popular since a Roth IRA withdrawal is tax-free, and it is possible to [...]

Read the full article →

Next Entries →