Tag Archives: roth ira

Should you Use a Roth IRA or a 401K?

Should you Use a Roth IRA or a 401K?

Posted on 20. Jan, 2011 by .

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A Roth IRA and a 401K are two popular tax-advantage retirement accounts. Tax-advantage accounts are benefits from the government. In some way or another, money doesn’t get taxed, which puts more money in your pocket. The money isn’t available until after a certain age, except with a tax penalty. Which should you choose? What is [...]

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The Better IRA for Retirement

The Better IRA for Retirement

Posted on 17. Nov, 2010 by .

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Every working American dreams of retirement.  After many years of working, retirement allows an individual to enjoy the things that he or she wasn’t able to do in years past such as hobbies and travel. However, in order to have a smooth transition into retirement, one must take action today.  One of the following ways [...]

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An Roth IRA Withdrawal is Tax-Free

An Roth IRA Withdrawal is Tax-Free

Posted on 16. Aug, 2010 by .

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To encourage the average taxpayer to save towards his or her retirement, the federal government passed a new IRA late in the 1990s. This IRA is called the Roth IRA after the sponsor, Senator Roth. The contributions to the IRA are $5000 or $6000 for taxpayers 50 and older. These taxpayers do not receive any [...]

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