Even Better Together: When an IRA Goes With Your 401(k)

You may feel pretty good about your retirement plan if you have a company 401(k). And you may even feel great if your employer matches your contributions—because, hey, free money! But if you’re like most people, you still wonder if your savings will keep up with those birthdays. Both 401(k) plans and IRAs are designed […]


Your Future of Freedom: 3 Ways to Keep Funds Flowing to Your IRA

That adventurous future you’ve imagined is going to cost money. And opening an IRA (individual retirement account) is a great way to help you save up. But since your IRA won’t fund itself, here are three things you should do to help your retirement savings keep up with your future self. Re-energize your balance. First, […]


IRA Rollovers: Move Your Money Without Breaking the Rules

If moving your retirement funds around makes you a little nervous, there’s good reason. With many retirement plans, including IRAs and 401(k)s, if you’re not careful, you could end up paying unexpected penalties and additional tax. Understand a few basic rules and consult with a tax professional so you can move your money without making […]


4 Reasons Why a SEP IRA Could Be a Boon for Small Business Owners

Whether you’re running a salon, writing a blog, or perfecting woodwork on a new home, the responsibility for your small business is all up to you. A SEP IRA (Simplified Employee Pension Individual Retirement Account) is a retirement savings tool designed for self-employed individuals and small business owners. Any small business owner with one or […]


What Is a Traditional IRA and Why You Should Open One Now Rather Than Later

You may think saving for retirement only benefits you in the long run. However, a traditional IRA (individual retirement account) is a savings tool that offers tax benefits now while you save for retirement later. For the most part, all you need is taxable income and you can open an IRA at a brokerage firm […]


What Is a Roth IRA? Get to Know This Retirement Savings Option

You’ve heard about Roth IRAs, but do you have a nagging feeling you need to learn more? Roth IRAs are some of the most valuable retirement savings tools available—especially if you start contributing early. Here’s what you need to know. Roth IRAs can help you save for retirement. IRAs (individual retirement accounts) in general are […]


What Is an IRA? 8 Things to Know Before You Open an Account

IRA stands for individual retirement account and that’s exactly what it is—an account that allows you to set aside money for retirement. Whether you’re putting together a new retirement plan or reevaluating the one you’ve got, it pays to consider how IRAs can factor into your overall strategy. Here are a few things to know […]


Roth IRA vs. Traditional IRA: How to Choose the One Best for You

IRAs­ can be valuable to your overall retirement plan due to their tax advantages. For the most part all you need is taxable income to get started. So how do you decide which is best? Compare Roth and traditional IRAs side by side.   While there are several types of IRAs, the most common by […]


Your Retirement Goals: How Much Money Do You Need Without Altering Your Lifestyle?

For many people, a great retirement means having enough money to enjoy life without altering their current lifestyle. Setting retirement goals is one of the first steps you can take to figure out how much money you need to retire the way you want. Setting Retirement Goals Start by making a list of all the […]


Shop and Compare IRAs: A Beginner’s Guide to Getting Started

Trying to decide on the right individual retirement account (IRA)? The first step is deciding which tax advantage works best for you. Basically, Contributions to a traditional IRA are deductible when you make them. Contributions to a Roth IRA aren't deductible, but withdrawals are tax-free. More details about each type of IRA account, including income […]

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