The year is almost over, but it’s not too late to contribute to an IRA. You have until Monday April 15, 2013 to contribute to a 2012 Traditional or Roth IRA. The maximum amount you can contribute to an IRA for 2012 is $5,000. If you are age 50 or over, you can contribute an [...]
Read More» Posted by LongI’ve always thought that IRAs were pretty sexy. Being able to invest money in an account that grows tax-free, with tax-free withdrawals on all of the gains (as in the case with qualified distributions from a Roth IRA) is an extremely generous incentive to save for retirement. Pretty sexy, until The Wall Street Journal burst [...]
Read More» Posted by LongDo you qualify for a Roth IRA? If you are limited to contributing to a Traditional IRA this year, there is still a way for you to contribute to a Roth IRA. This is especially important if you do not have an IRA established already, or have an exisiting Roth IRA and are newly ineligble. [...]
Read More» Posted by Long