Posts Tagged Individual Retirement Account
The Beauty of IRAs – Individual Retirement Acccounts
Posted by Editor in Planning for the Future on January 31, 2010
An IRA is a great way to save for the future, but only about 14% of eligible Americans are contributing to one. That’s a shame, because an IRA is a tax-advantaged investment tool that can help you invest for retirement — whether you’re just starting out, in the middle of your working years or headed [...]
Traditional vs Roth IRA
Posted by Editor in Planning for the Future on January 18, 2010
The difference between a traditional IRA and a Roth IRA comes done to one word – tax-deferred vs. tax-exempt.
Both will allow you to accumulate wealth without paying taxes, but with the traditional IRA you will get a tax bill for the profits and contributions when deductions are made.
The Roth IRA, on the other hand, doesn’t [...]