As Roth IRA and Roth 401(k) retirement plans gain in popularity, unsuspecting investors may fall prey to a potentially expensive mistake. Money in a Roth 401(k) or Roth IRA account can be withdrawn tax free, assuming the withdraw meets IRS requirements. In contrast, withdrawals from traditional 401(k)s and deductible IRAs are taxed as [...]
The question of whether to invest in a Roth or traditional has come up a lot lately. Yesterday I wrote about these retirement accounts in the The Ultimate Guide to Traditional and Roth 401(k) and IRA Retirement Accounts. In that article I linked to a Roth 401(k) calculator that can help you determine [...]
When it comes to boosting your retirement accounts, the IRS has sent us help in the form of tax advantaged accounts like a 401(k) and an IRA. If we don’t take full advantage of these money making tools, we are turning away help when we need it the most. In this article, I [...]
Today’s insights from the blogosphere and beyond:
Selling a Fund: Things You Need to Avoid @ FundsZine: Some good advice to consider before selling a mutual fund.
Which Investments Are Best for a Roth IRA @ GetRichSlowly: An in-depth look at investment options for a Roth IRA. I would add that the right [...]