Tags » Traditional IRA

I kept putting this post off because it felt like a lot of work

Ladies and gentlemen…Traditional and Roth IRAs.

A few weeks ago, I had a meeting with a financial adviser to discuss opening a retirement account.  “But you’re only 22!” you might say.   456 more words

Clock's ticking on IRA contribution deadline

As I said in a previous post, if you have spare funds to invest after you’ve built up a rainy day fund and fully utilized your employer’s 401(k) match, the best place for millennials to put those funds is in a Roth IRA.   249 more words

Investing

Cummulative Roth Contribution Penalty

Two weeks ago, we spoke about how you can calculate your taxes owed in 2014 and we touched based on Roth IRA contributions. Below we have provided you a more in-depth look at maximum contribution levels and the cumulative Roth contribution penalty. 353 more words

IRS

We're going in the wrong direction...

The Center for American Progress has just released a study that can hardly be deemed as “progress”.

About 31% of Americans have nothing saved for retirement and also lack a defined benefit plan, such as a traditional pension. 140 more words

Retirement Savings

USA Today: financial advice for 20s-, 30s-something millennials

USA Today put together some retirement pointers for people in each decade of life.  For millennials in their 20s and 30s, they rightly hit on debt and forming good financial habits.   758 more words

Investing

Investors See Benefit in Using IRAs for Real Estate

Source: Joel Cone, U.S. News & World Report

Some investors prefer real estate because they say it feels more tangible than stocks.

After the nation’s financial crisis, Leslye Schiff decided she had had enough of the highs and lows of the stock market and pulled her money out. 66 more words

Investing

Savings

In our previous illustration we discussed resources to help one save for short and long term goals. There are additional ways to save for one’s retirement when creating a financial portfolio. 87 more words

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