Individual Retirement Accounts (IRAs) are a great investment vehicle because of the tax advantages. Compounding earnings tax-deferred in a Traditional IRA, or tax-free in a Roth IRA, is a great way to build long term wealth.
Traditional IRAs have the advantage of getting an immediate tax deduction for contributions. This can be a very important advantage [...]
Entries Tagged as 'IRA contributions'
Why IRAs Make Sense (and Dollars)
January 15th, 2010 · No Comments · Individual Retirement Accounts (IRAs), Investment Planning, Online Investing For Dummies
Tags: do it yourself investor·Individual Retirement Accounts·IRA contributions·IRAs·required minimum contributions·retirement planning·RMDs·Roth IRA·tax deduction·tax-deferred·tax-free growth·traditional IRA
Why Investors Should Make IRA Contributions Early
January 14th, 2010 · No Comments · Individual Retirement Accounts (IRAs), Investment Planning
Twin brothers, Peter and Paul, start contributing to their IRA at age 25; each put $5,000 per year in their IRA; each earns 10% per year. The only difference is Peter makes his contribution at the beginning of each year, but Paul procrastinates and doesn’t make his contribution until the end of each year. How [...]
Tags: arbor investment·compound interest·compounding·IRA·IRA contributions·ken faulkenberry·power of compounding
Traditional IRA, Roth IRA, or Both?
January 11th, 2010 · 2 Comments · Individual Retirement Accounts (IRAs), Investment Planning
Which IRA is the best, Traditional or Roth; is a debate that has been going on for years. This year the debate has become more relevant for millions of investors because the income limit for converting a Traditional IRA to a Roth IRA has been eliminated. Many experts take a side, but owning both kinds [...]
Tags: convert to a Roth IRA·covert a traditional IRA·Diversification·IRA contributions·Roth IRA·tax deduction·traditional IRA·Wealth Builder Newsletter
