Should you keep your cash safe or invest your money in your 401(k) or Roth IRA. Where should you invest your money given recent events? Q: With interest rates as they are and investments frequently losing money, does it make …
Roth IRAs are great for some, but some don’t appreciate the benefits. Q: Everyone talks about what a great product the Roth IRA is. But my belief is one is contributing after-tax money. That means you’re likely paying at least …
A reader asks about converting a 401(k) into a Roth IRA. Can you offset the income taxes owed with the carry-over losses from a real estate property? Ilyce Glink answers this personal finance question about 401(k)s and Roth IRAs.
Can you still contribute to a Roth IRA if your company makes an ESOP contribution to your retirement account? A reader wants to know if there are any limitations on contributing to a Roth IRA even though she gets stock from an ESOP account and has a 401(k).
A law signed in 2006 brings changes to Roth IRA law. While the amount you earn to open up a Roth IRA will not change, anyone can open a non-deductible IRA account, contribute to it and convert it to a Roth IRA in 2010. Whether you’re looking at a Roth or traditional IRA, you should never cap the amount you save for retirement.
When you’re nearing retirement should you invest in a Roth IRA or pay off your mortgage? What’s the better choice? It depends on the interest rate on your mortgage and whether you can earn more by investing the money. Learn about Roth IRA investing and the benefits of paying off a mortgage early.
Roth IRAs are good investing opportunities, but investors should open them at larger financial institutions like Fidelity, Charles Schwab, or Vanguard, because of the incredible number of mutual funds and investing opportunities out there. These larger companies will be able to give investors the widest range of options, at the cheapest prices.
One of the great tax saving benefits created by Congress over the past few years is the Roth IRA. One of the reasons Roth IRAs have become so popular with seniors and baby boomers is that they offer four distinct advantages over the conventional IRA. For example, your earnings in a Roth IRA account grow tax free forever.