Tags » Traditional IRA

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 Unlike a traditional IRA, when funds are withdrawn from a Roth IRA account they are tax free because taxes have already been paid on the money at the time contributions were made. 298 more words

Tips

When Has the IRS Ever Given You a Break? Well, Now They Have!

by Cindy Randolph

If you converted any portion of your traditional IRA to a Roth IRA in 2015, you have until October 15, 2016, to complete a “do-over” … 343 more words

Financial Planning

Should You Contribute to a Roth IRA, Traditional IRA or 401(k)?

Young investors are faced with a number of retirement options and deciding how to allocate that savings can be a little confusing. Those who work for somebody else often have the option to invest in a 401(k) or similar employer-sponsored plan. 971 more words

Investing

IRA's - What you need to know

Many have heard of an IRA but do they really know what it is or how the different types work?  An IRA is an Individual Retirement Account.  682 more words

IRA

WHAT IS AN IRA? (AS REPORTED BY JON GOREY ON WWW.THESIMPLEDOLLAR.COM)

IRAs, or Individual Retirement Accounts, are a great tool for anyone interested in saving for retirement. There are many benefits of IRAs that make them more appealing than traditional checking or savings accounts, cash, or personal investment accounts. 80 more words

Retirement Saving

Traditional vs Roth IRA

Part of the scope of this blog is to discuss and educate in the area of health, wealth and wisdom.  I’ve somewhat been neglecting the area of wealth.   920 more words

Individual Retirement Accounts-Roth IRAs

Roth IRAs

Roth IRA Contribution Limits—2016
Lesser of: Taxable compensation for the year, or:
Under age 50………………………………………………………………………. $ 5,500
Age 50 or older……………………………………………………………………. $ 6,500… 358 more words