.: IRAs Top Related Articles
1). When IRAs, 401(k)s, and Other Tax-sheltered Investments Don’t Make Sense
Every year about this time, people start talking about and considering things like IRA contributions. Most of the time, tax-sheltered investments make great sense. The federal and state governments have designed their tax laws to encourage such savings. However, that said, there are three situations in which it may be a poor idea to use tax-sheltered.
Article tags: iras, 401(k), 401k, financial planning, retirement savings
2). Free Money for Your Retirement?
It can be more than a little discouraging to start making retirement planning calculations. You’ll usually find that to achieve the annual retirement income you want, you need to be saving a lot more than is practical.
Suppose, for example, that you use a program like Quicken or Microsoft Money to determine that your retirement savings should equal to $5,200 a year—which is the same as $450 a month.
Article tags: iras, 401(k), 401k, financial planning, retirement savings
3). Not To Late To Make 2005 IRA Contribution
Many Americans make annual contributions to individual retirement accounts. If you haven’t done so for the 2005 tax year, you still can.
Not To Late To Make 2005 IRA Contribution
Contributing to individual retirement accounts just makes sense. Most don’t believe social security is going to survive for long. Even if it does, one has to wonder how small the distributions are going to be.
Article tags: ira, roth, individual retirement account, iras, contribution, tax deductions, retirement