I think this is a great article in the NY Times discussing different type of IRA retirement accounts. So what are the different types of IRA?
There is a Roth IRA. It allows people under a certin income to contribute taxed dollars to a retirement account. Currently the amount is $5k/annually, and will grow tax free [...]
Entries Tagged as 'Roth IRA'
IRAs - golden eggs?
June 29th, 2008 · 4 Comments
Tags: Retirement · Roth IRA
2008 Roth IRA changes
June 10th, 2008 · No Comments
There are many changes for Roth IRAs in 2008, so I want to enlighten you to them.
People are able to contribute $5k/year without being 50. If you are 50, you can save an additional $1k or $6k total.
Income limits are increased for contributing to a Roth IRA, $101k for singles and $159k for married filing jointly (the [...]
Tags: Investing · Retirement · Roth IRA · Savings
2008 Roth IRA
April 15th, 2008 · No Comments
Our 2008 Roth IRAs are done for the year. $10k for us in now put in. The rest of the year will be spent saving for a contribution on 1/2/2009 of $10k. Hopefully we’ll be able to do it.
Unfortunately we’re still waiting for our tax refund from 2007 and the rebate for 2008 will both [...]
Tags: Personal Finance · Retirement · Roth IRA · Savings
2008 Roth IRA
April 8th, 2008 · 2 Comments
I am done funding my Roth IRA for 2008. DH’s should be done in about 1 week, we’re just waiting for a check from our stock account. Sold some ESPP shares last week and now we’re just waiting to fund.
Plan for next year is to fund our Roth IRA with the 2 remaining ESPP purchases [...]
Tags: Retirement · Roth IRA
Facing Foreclosure?
April 6th, 2007 · 10 Comments
There is a blog called “I am facing foreclosure” started in September of 2006 by Casey Serin. He is a 24 year old “would be real estate mogul”. He bought 8 houses in 8 months in 4 different states. Unfortunately he bought at the peak of the market and has been unable [...]
Tags: Real Estate · Roth IRA · stupid tax
Roth IRA…one contribution or many?
January 8th, 2007 · No Comments
People always ask should they contribute one $4k deposit to a Roth IRA or should they contribute $333/monthly? The answer is…you should deposit $4k on January 2nd of the year to get the longest possible time of tax free investing. Because you deposit every year and leave it alone, that will be a [...]
Tags: Retirement · Roth IRA











