IRAs

IRA Withdrawal Rules – When Can You Withdraw Your IRA?

IRAs
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For some reason I get this question a lot, so I thought I’d provide a little clarification on IRA withdrawal rules. Individual Retirement Arrangements or IRAs were designed to provide an opportunity for folks to save for retirement on a pre-tax, tax-deferred basis.  In other words, the money grows without having to pay any taxes on […]

5 Things Every Baby Boomer Must Know About Retirement Savings

401ks
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According to Wikipedia, Baby Boomers are those who are born between 1946-1964 – meaning they range in age from 46-64 years of age. Retirement is certainly on their minds and they are concerned about how much they need for retirement savings. As baby boomers approach the magical age, there are some pretty important things to […]

Should You Open a Roth IRA?

IRAs

Tax Season is upon us and this time of year usually gets people thinking about funding IRA contributions for last year, which usually leads to a question of – which type of IRA is right for me? Today we’re going to briefly talk about Roth IRAs.  There’s been a lot of talk about Roth IRAs […]

7 Milestone Birthdays That Affect Your Retirement

IRAs

Being unaware of these milestones will cost you money!

What is a Roth IRA?

IRAs

No doubt most people have heard of a Roth IRA, after all, they’ve been around since 1998.  Although they’ve been available for over 11 years, I’m constantly amazed by how many people are just simply unsure of exactly what they are or what they do. The Basics: What is an IRA? An IRA is simply […]