Taxes are due April 17, 2007 this year so we have a couple extra days to fund our IRAs. IRAs do not have to be funded in the tax year (2006) but can also be funded for the tax year 2006 up until tax date (April 17, 2007). If you are not an IRA advocate, […]
Today’s USA Today has a good article on tax issues surrounding retirement….Retiring doesn’t mean retiring from taxes. It explains the wisdom to “stuff as much into a Roth IRA as you can”. So, if possible, it is wise to contribute the $4000 a year to a Roth ($5000 if you’re over 50). However, high […]
I’m one of those persons that gets bugged when I read something that sounds definitive from a purported authority that is incorrect or incomplete. Today, I came across such a glaring omission in the about.com article Eight Ways to Avoid the 10% Early Withdrawal Fee on Your IRA . Now, it doesn’t say “The Eight […]
Following up my previous post on putting brokerage account cash into the money market, I just got off the phone with ETrade and I am not happy. And surely, those of you in a similar situation should not be happy either. Here’s the crux of it….
If you have a retirement account such as a Roth-IRA […]