401ks & IRAs

There are three major types of IRAs: Traditional, Roth and SIMPLE. Each has its own restrictions on who can open one and when.

IRA accounts provide a tax-advantaged way to save money for retirement. As such, they are very popular with investors. However, because of the great tax treatment IRA accounts receive, there are...

Whether you can contribute to an IRA when you are retired depends on your age, your income and the type of IRA you wish to contribute to---a Traditional IRA or a Roth IRA.

An individual retirement account (IRA) is generally funded with pre-tax dollars, which means you have to pay special attention to the ways in which you distribute or transfer your funds. In order...

There are many ins and outs, rules, and regulations to individual retirement accounts, or IRAs. Maintaining your IRA, and knowing how much you can put in each year, is one of the safer ways...

Most fixed annuity investors who need to convert their contract balances to taxable investments will look to CDs for safety of principal. Moving an annuity into a CD is a relatively simple...

Individual Retirement Accounts, or IRAs, offer significant tax advantages to encourage people to save money for retirement. However, you usually cannot remove money from these accounts before you...

Roth IRAs and Roth 401ks are tax-advantaged ways to put aside money for retirement. IRAs are managed by you, while 401ks must be offered through your employer.

IRAs are a great way for Americans to save for retirement. There are many investment vehicles available within an IRA, but shares of stocks, bonds or mutual funds are popular choices. If you...

Converting money from a traditional IRA or other pretax retirement plan to a Roth IRA puts your dollars out of the reach of future tax collectors. There is no age restriction for a conversion, and...

Individual Retirement Accounts (IRAs) are an excellent retirement savings tool for Americans. Contributions to IRAs are made on a pre-tax basis, meaning that the account holder can deduct the...

Individual retirement accounts (IRAs) are special accounts that the federal government set up to provide incentives, including several different tax benefits, for citizens to save for retirement....

A Roth IRA is best loved because of it's tax-free benefits; no minimum distribution requirements, no taxes on qualifying distributions, no taxes, well, period. Let's face it: retirement accounts...

Moving an IRA retirement account into taxable status is something an individual should think hard about before doing. In a taxable account, your gains no longer will accrue on a tax-free basis but...

If you have recently switched jobs or retired, you may be considering rolling your retirement funds into an IRA to avoid penalties and taxes. Qualified pensions, 401(k)s, annuity plans, 403(b)s...

As of 2008, you may roll over qualified pensions, 401k's, annuity plans, 403b's and federal deferred compensation plans into an IRA. Doing so can help you avoid penalties related to your age or...

A Roth IRA is a very useful retirement investment tool for those who qualify. Investment in a Roth IRA is not tax deductible in the year that the investment is made, but the withdrawals from the...

Are you one of the many Americans who are sick and tired of giving your hard earned money to the IRS? There are legal ways you can lower your taxable income, and have extra money to spend on...

The Roth IRA is a popular way to invest for retirement because of its generous tax advantages. Investments in a Roth IRA are allowed to grow tax free and are also tax free when distributions are...

The Roth IRA can be available to virtually anyone. For those with less income there are still some options for getting the Roth IRA.

An IRA gives you a chance to set up a tax-favored retirement account for yourself and your beneficiaries. Through the use of an IRA, you are able to: Assure retirement income Defer taxes on...

IRA accounts provide a way for people to save for retirement. These accounts have certain tax advantaged properties that make them attractive ways to invest. However, to prevent people from...

An IRA (Individual Retirement Account) is Congressionally approved and allows you to put away money for retirement both tax free and tax deferred. Unlike employer-arranged retirement plans such as...

A person may take distributions from a traditional Individual Retirement Account (IRA) for many reasons. However, you must pay taxes based on when and why you took a distribution. It's important...