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Posts Tagged ‘IRA’

Benefits of 2010 Roth IRA Conversion

November 2nd, 2009

As a way to encourage individuals to move their funds from traditional IRA accounts and covert to Roth IRA accounts the government has instituted the 2010 Roth IRA conversion. This conversion, when planned and completed properly will be a great opportunity for individuals who are planning their retirement. The impetus of the 2010 Roth IRA [...]

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Understanding Your IRA

November 2nd, 2009

Similar to an employer sponsored 401k, an IRA is a tax deductible defined contribution retirement account. It does not require an employer to be a sponsor and one can be opened at a variety of financial institutions. As a retirement investment, an Individual Retirement Account (IRA) has multiple advantages and disadvantages: Pros: Tax deferred until [...]

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