How well do you know Roth IRAs? Here are five tough questions. Let’s see how you do
1. I am 72 years young and still working. Can I set up a Roth IRA?
Yes. Unlike a traditional IRA, which does not allow contributions past age 70 1/2, Roth IRAs have no age limitations. You can continue to [...]
Posts Tagged ‘401 K’
Roth IRAs: Test Your Knowledge
Posted by admin on February 19th, 2011
Posted in Roth IRA 
Tags: 401 K, 72 Years, Adjusted Gross Income, Contribution Limit, How Much Money, Incomes, Ira Rules, Maximum Ira Contribution, Modified Adjusted Gross Income, Participant, Roth Ira Contribution, Roth Iras, Tax Return, Test Your Knowledge, Tough Questions, Traditional Ira 
No Comments »Create Tax Savings And Transfer Wealth To Your Child With
Posted by admin on October 14th, 2010
Create Tax Savings And Transfer Wealth To Your Child With A Roth IRA
Parents must give serious thought to protecting their family through estate tax planning. While life insurance and trusts should be a part of every plan, Roth IRAs can be a simple tool for passing money to your child on a tax-free basis.
Roth IRA
First, [...]
Posted in Roth IRA Tags: 401 K, Blessed Day, Distributions, Downside, Eight Times, Free Basis, Fundamental Goal, Life Insurance, Microsoft Stock, Retirement Nest Egg, Retirement Planning, Retirement Vehicle, Roth Ira, Roth Iras, Saving For Retirement, Saving Money, Tax Planning, Traditional Iras, Transfer Wealth, Trusts No Comments »When IRAs, 401(k)s, and Other Tax-sheltered Investments Dont Make
Posted by admin on August 6th, 2010
When IRAs, 401(k)s, and Other Tax-sheltered Investments Dont Make Sense
Every year about this time, people start talking about and considering things like IRA contributions. Most of the time, tax-sheltered investments make great sense. The federal and state governments have designed their tax laws to encourage such savings. However, that said, there are three situations [...]
Posted in 401k Retirement Plan Tags: 401 K, Deferred Taxes, Early Withdrawal Penalty, Enough Money, Federal Budget Deficit, Income Tax Rates, Investment Income, Investment Options, Investments, Ira Contributions, Iras, Poor Idea, Retirement Account, Retirement Income, Retirement Planning, Scope, State Governments, State Income Tax, State Tax, Tax Rate No Comments »Forecasting the Future Value of Your 401(k)
Posted by admin on March 3rd, 2010
If youve got Microsoft Excel (or just about any other popular spreadsheet program) running on your computer, you can use its FV function to forecast the future value of your 401(k) account.
The FV function calculates the future value of an investment given its interest rate,
the number of payments, the payment, the present value of the [...]
