Can you open more than one Roth IRA?This is a good question to ask, because some people seem to be confused when it comes to this issue.Despite the conventional wisdom, and regardless of what some … [Read more...] about Can You Open More Than One Roth IRA?
Which is best - a Traditional IRA or a Roth IRA? That's a great question, and there's no cookie cutter answer which is applicable to everyone. Each person's financial situation is different, and … [Read more...] about A Traditional IRA Or A Roth IRA: Which Is Best?
I recently found out that one of my associates uses her Roth IRA as an emergency fund. Rather than put money into a low yield savings account, or some other cash account, she uses her retirement … [Read more...] about Roth IRA: Emergency Fund?
As you put together a plan for the future, and as you plan for your retirement, one of the things you should consider is whether or not you are maxing out your tax-advantaged accounts before investing … [Read more...] about Are You Maxing Out Your Tax-Advantaged Accounts?
One of the things I love about contributing to my Roth IRA is that my earnings will grow tax-free, since contributions are made with after-tax income. One thing I dislike about my Roth IRA is that I … [Read more...] about Improve Your Retirement Savings As A Couple: Spousal IRA
At some point, you might end up in a situation where you feel like you need to withdraw money from your retirement account. You might have come up against some unexpected hardship, and need the money, … [Read more...] about Withdrawing From Your Retirement Account: Loans And Hardship
One of the big reasons (aside from the tax advantages) that so many personal finance writers like the Roth IRA is due to the fact it is possible to withdraw money early from the account without … [Read more...] about When A Roth IRA Will Cost You
Saving money is popular once again. While many consumers never veered from the path of sound money management, quite a few got lost along the way in the past few decades. Prior to credit cards, m … [Read more...] about Early Savers Eyeing The Roth IRA
Today I want to do a quick post on the basics of the Roth IRA. I've done several posts on them previously, but all on a specific point about Roth IRAs, including the 2010 Roth IRA Conversion. Today … [Read more...] about Roth IRA Basics
You've finally been convinced that opening a Roth IRA is a good idea, and you've decided to take the plunge. Great! But what's next? How do you open an account, and where are some good places to ho … [Read more...] about How To Open A Roth IRA And Where To Open An Account
I've been talking quite a bit since I launched this site about Roth IRAs, and why they're such a great idea. After all, who doesn't like tax free money at retirement? (Can you tell that I like … [Read more...] about Roth IRA Eligibility Guidelines
The Roth IRA account was created in 1997 by the passage of the Taxpayer Relief Act of 1997 who's chief sponsor was the late Senator William Roth of Delaware. (Thus the name of retirement account). A … [Read more...] about Things To Know About Roth IRA Rules For 2010