Curious about how much money you’ll accumulate in your Roth retirement account?
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 Roth IRA or Roth 401(k).
The FV function calculates the future value of an [...]
Posts Tagged ‘Individual Retirement Account’
Forecasting the Future Value of Your Roth-IRA or Roth-401(k)
What Is A Roth IRA?
A Roth IRA is a type of Individual Retirement Account (IRA) that is named after the US senator William V. Roth who was the chief legislative sponsor of this scheme of retirement accounts. Roth IRAs are different from other IRAs in many ways. Roth IRAs were established in the year 1998 (Public law 105-34). Similar [...]
Roth IRA
The Roth IRA (Individual Retirement Account), named after Senator William V. Roth, Jr., came into effect on January 1, 1998. A result of the Taxpayer Relief Act of 1997, the Roth IRA provides a benefit which is otherwise not available in any other form of retirement savings. If you meet the criteria and subscribe to [...]
What Are Simplified Employee Pension (SEP) IRA’s
What are SEP IRA’s?
A Simplified Employee Pension (SEP) plan provides a mechanism for the employees to save for their financial needs after the retirement. It also provides the employers with a simplified means of contributing towards the post-retirement financial needs of their employees, and their own, if they are self-employed. In case of a SEP, [...]
Learn about the Roth IRA and how you can invest
Learn about the Roth IRA and how you can invest it.
A Roth IRA is another type of Individual Retirement Account (IRA). With a Roth IRA contributions to the account are not tax deductible, but qualified withdrawals from the account are not taxable either. A qualified distribution from a Roth IRA is a withdrawal made after [...]
IRA vs. 401 (k)
Many people find all the options that are available when it comes to retirement planning to be quite confusing. If you are one of those this article is dedicated to explaining the differences between a 401 (k) plan and an IRA (Individual Retirement Account). There will be many terms you will come across during your [...]
401(K) vs IRA
Todays marketplace offers lots of choices in terms of retirement planning vehicles. The 401(k) (or 403(b) for the nonprofit sector) and Individual Retirement Account (IRA) are two of the most common. While they share some similarities, the differences are more important for the impact they could have on the growth of your retirement funds. However, [...]
Forecasting the Future Value of Your Roth-IRA or Roth-401(k)
Curious about how much money you’ll accumulate in your Roth retirement account?
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 Roth IRA or Roth 401(k).
The FV function calculates the future value of an [...]
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