Tags » Traditional IRA

Roth vs. Traditional Part Three: Contributions

This is the third part of American Trust Bank’s series on IRAs: Roth vs. Traditional. If you missed part one of the series,

Savings

Use your income tax refund wisely

To many people, an income tax refund might be one of the largest single cash receipts for the entire year. Avoid the temptation to spend your refund on consumption items. 244 more words

Tax

Roth vs. Traditional Part Two: Withdrawal

This is the second part of American Trust Bank’s series on IRAs: Roth vs. Traditional. If you missed part one of the series, check it out by… 832 more words

Savings

SEP IRA

SEP #ira provisions function in an essentially identical way to a regular standard IRA investment, with the distinction being that it is the employer who funds the investment. 611 more words

IRA

Roth vs Traditional Part One: Taxes

This is the first part of American Trust Bank’s series on IRAs: Roth vs. Traditional. 

Once you’ve made the momentous decision to begin saving for retirement, you may not realize that you have another big decision to make.  940 more words

Savings

The Tax Deduction for People with Dementia

April inevitably means tax time, so whether or not you need to file a return, this tends to be the season when you, and everyone else, think about deductions and techniques you might use to reduce the amount of tax owed to Uncle Sam and the Commonwealth of Massachusetts.  476 more words

Estate Planning

IRS impersonation scams prey on taxpayers

The FTC’s Bureau of Consumer Protection is advising consumers about a tax scam that has resulted in an “explosion of complaints about callers who claim to be IRS agents – but are not.” These IRS impersonation scams count on people’s lack of knowledge about how the IRS contacts taxpayers. 61 more words

Tax