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 'Roth IRA'
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
Who Should NOT Convert to a Roth IRA?
January 13th, 2010 · No Comments · Individual Retirement Accounts (IRAs), Investment Planning
We have explored several great reasons why some investors may want to convert to a Roth IRA. Here are some cases where individuals should probably not convert.
If an IRA owner expects to be in a lower tax bracket after retirement, it makes sense to pay the tax when withdrawn from the Traditional IRA. Also the [...]
Tags: convert to Roth IRA·covert a traditional IRA·gifting an IRA·high tax rate state·low tax rate state·moving in retirement·Roth IRA·state tax·traditional IRA
Who Should Convert to a Roth IRA?
January 12th, 2010 · 3 Comments · Individual Retirement Accounts (IRAs), Investment Planning
Since the income limit on converting from a Traditional IRA to a Roth IRA is now eliminated every investor should consider whether it is to their advantage to convert. The Roth IRA is a powerful investment vehicle because of the power of compounded tax-free growth. The downside of conversion is paying the income taxes on [...]
Tags: Arbor Investment Planner·compound tax-free·convert to Roth IRA·federal estate tax exemption·inherited IRA·reduce estate tax bill·required minimum distributions·RMDs·Roth IRA·tax-free growth·traditional IRA
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
Year-End Moves to Cut Your Tax Bill
December 18th, 2009 · 4 Comments · AIP Money Management Tips, Investment Planning
Year-end tax planning in 2009 is more important than ever due to looming major tax hikes coming as soon as next year. First you should get a good idea of your tax bracket for 2009 and 2010. Then it’s time to consider some maneuvering. Here is some money saving ideas to consider right now:
Retirement Accounts
Maximize [...]
Tax-Free Income in Retirement
December 4th, 2009 · No Comments · Investment Planning
The Roth IRA is one of the best retirement planning tools and is available to everyone in 2010. In the past, high earners were not eligible but starting in 2010 there will be no income limits to convert a traditional IRA to a Roth IRA.
Unlike a Traditional IRA, money taken from a Roth IRA is not subject to [...]
