Home › Posts tagged Retirement ( › Page 2)
Blog Archives

4 Reasons All Employers Should Offer a Roth 401(k) Plan

Posted in Tax News on November 6, 2012

  1) The Roth 401(k) Plan Has a Higher Contribution Limit that a Roth IRA Taxpayers can contribute up to $5,000 per year into a Roth IRA. Taxpayers over age 50 can contribute an additional ‘catch-up’ contribution of $1,000 for…

Read more

Tagged with: , , , , , , , , , , , , , , , , ,

8 Ways to Withdraw From Your IRA Before Age 59½ Without Penalty

Posted in Tax News on June 9, 2011

Traditional IRAs were designed to provide an opportunity for people to save for retirement on a pre-tax, tax-deferred basis.  In other words, the money grows without having to pay any taxes currently on the gains.

Tagged with: , , , , , , , , , , , , , , ,

How to Plan for College Using The 529 Plan

Posted in Tax News on May 26, 2011

Next to saving for retirement, your biggest financial challenge is probably saving for your child’s college education.  College costs have skyrocketed!  People wonder how they will afford the cost of a college education in the future.  A 529 College Savings…

Read more

Tagged with: , , , , , , , , , , , , , , , ,

The Difference Between an IRA and a Roth IRA

Posted in Tax News on February 4, 2011

Deciding whether to open an IRA or  a Roth IRA is a major decision with potentially large financial consequences. Both forms of the IRA are great ways to save for retirement, although each offers different advantages and rules. 

Tagged with: , , , , , , , , , , , , , , , , , , , , , , ,