The Roth IRA was born on January 1, 1998 as a result of the Taxpayer Relief Act of 1997. It’s named after former Senator William V. Roth, Jr. The Roth IRA provides no deduction for contributions, but instead provides a benefit that isn’t available for any other form of retirement savings: if you meet certain [...]
Posts Tagged ‘Retirement Savings’
You’re Roth IRA Withdrawal
Posted by admin on May 29th, 2011
Posted in Roth IRA 
Tags: Cumulative Bulletin, Free Withdrawals, Internal Revenue Service, Ira Withdrawal, Irs Revenue, Least Five Years, Loophole, Maximum Age Limit, Minimum Distributions, Periodic Payments, Retirement Savings, Roth Ira Withdrawals, Roth Iras, Senator William, Taxpayer Relief Act, Taxpayer Relief Act Of 1997, Time Purchase, Traditional Ira, William V Roth, William V Roth Jr 
No Comments »Roth IRA
Posted by admin on November 30th, 2010
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 [...]
Posted in Roth IRA Tags: Beneficiary, Deadline For Filing Taxes, Eligibility Criteria, Existence, Gross Income, Half Years, Individual Retirement Account, Ira Account, Ira Roth, Irs, January 1, Retirement Savings, Roth Ira, Senator William, Tax Filing Status, Taxpayer Relief Act, Taxpayer Relief Act Of 1997, William V Roth, William V Roth Jr, Withdrawals No Comments »What You Should Know About A 401k
Posted by admin on July 28th, 2010
A 401k is a good place to start in planning for your future retirement, no matter how far away you may be from the actual time. A 401k account is a special type of savings account that is funded directly through your paycheck each pay period. How it works is that you and your employer [...]
IRA vs. 401 (k)
Posted by admin on April 21st, 2010
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 [...]
Posted in 401k Retirement Plan Tags: 401 K Plan, 401 K Plans, Aids, Checks, Financial Advice, Financial Matters, Financial Retirement, Guidance, Individual Retirement Account, Ira Account, Iras, Mechanic, Mechanical Advice, Paycheck, People Find, Professional Financial Planner, Retirement Savings, Salary, Strengths And Weaknesses, Tax Money No Comments »Common 401(k) Mistakes
Posted by admin on February 27th, 2010
Believe it or not there are many mistakes that can be made along the way when it comes to financial retirement savings and investing. Unfortunately a good many of these mistakes center around the 401(k), which can be a tremendous boost to your retirement plans when used properly in order to build your portfolio. The [...]
A Closer Look At The Roth 401k
Posted by admin on February 16th, 2010
Roth 401k is a good retirement savings option. Although it does not provide an up-front tax-deduction, the account eventually becomes tax-free, because the withdrawals taken at retirement are not subject to income tax.
This tax benefit can only be provided to persons who are at least 59.5 years old, or are disabled, and who have held [...]
Posted in 401k Retirement Plan Tags: 401k Account, 401k Contributions, 401k Rules, Closer Look, Free Earnings, Income Tax, Investment Earnings, Investment Option, Ira Roth, Job, Minimum Period, Provision, Retirement Savings, Roth 401k, Roth Ira Account, Tax Benefit, Tax Deduction, Tax Relief, Taxpayers, Withdrawals No Comments »401k Retirement Plans Explained
Posted by admin on February 8th, 2010
401k retirement plans are special types of accounts, financed through pre-tax payroll deductions. The funds in your account are invested in various ways. Your funds can be invested through any number of stocks, mutual funds, and other ways, and it is not taxed on any capital gains or interest until the money is pulled out [...]
Posted in 401k Retirement Plan Tags: 401k Plan, 401k Plans, 401k Retirement Plan, Array, Assets, Boss, Capital Gains, Company Stock, Counselors, Customization, Dividends, Flexibility, Internal Revenue Code, Mutual Funds, Payroll Deductions, Proportion, Retirement Plans, Retirement Savings, Selection Option, Tax Payroll No Comments »401(k) Retirement Plan
Posted by admin on January 16th, 2010
The cornerstone of retirement savings for many people today, the 401(k) plan is a savings vehicle that requires a hands-on approach which is why we are investing our time and money (intellect = money) in describing its features as fully as possible, so as for you to clearly understand and imbibe them. Ready? If [...]
Posted in 401k Retirement Plan Tags: 401 K Plans, Bond Funds, Cornerstone, Discipline, Funds Bond, Income Tax, Intellect, Internal Revenue Code, Investment Options, Looking To The Future, Multivitamins, Pauper, Paycheck, Pun, Retirement Plan, Retirement Savings, Semblance, Sheer Beauty, Stock Funds, Time And Money No Comments »
