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ROTH or Traditional IRA: Which Is Best?

What makes the most sense for you, staying with a regular individual retirement account or converting to a Roth IRA? This is not a simple question so there is no simple answer. 526 more words

Roth RA

Early Withdrawals from Retirement Plans

The following article was published by the IRS.

Many people find it necessary to take out money early from their IRA or retirement plan. Doing so, however, can trigger an additional tax on top of income tax taxpayers may have to pay. 280 more words

Personal Finance

Making Sense of Roth IRA Conversions

The Roth IRA has become a popular planning tool since it was established by the Taxpayer Relief Act of 1997. Originally envisioned as a way for Americans of more modest means to efficiently transfer wealth to the next generation, the Roth IRA offers a number of potential advantages over a Traditional IRA that are particularly attractive to those that are more affluent. 944 more words


Traditional IRA vs Roth IRA

Many of us have heard of retirement accounts, but have paid no mind. They come off as boring or dull due to the increasing immediate satisfaction of spending. 145 more words

Retirement Plans

A few considerations to reduce current year taxes

Fully funding your company 401(k) with pre-tax dollars will reduce current year taxes, as well as increase your retirement nest egg. 258 more words

Personal Finance

December 21, 2016


The Roth IRA offers a huge tax break to retirement savers. Even though many people prefer the tax deductions that only traditional IRAs offer, Roth IRAs have the trade-off benefit of letting you take tax-free withdrawals once you retire. 751 more words

Should I Consider a Partial Roth Conversion?

In a world filled with IRAs, 401(k)s, and brokerage accounts, what is the appeal of a Roth IRA? Unlike a traditional IRA, when funds are withdrawn from a Roth IRA account they are tax free because taxes have already been paid on the money at the time contributions were made. 298 more words