Category: Roth IRA

  • Specify Your Roth IRA Contributions

    Until April 15th, you can still make a contribution to your Roth IRA for 2006; but you can also make contributions to your Roth IRA for 2007 as well. So, it is important that when you send in your check, you specify which year it is for or your brokerage will likely add it as…

  • Planning For Retirement At Any Age

    The “Retirement and Planning Center” at Yahoo Finance has a great article from USA Today that outlines a retirement strategy for every age group – 20 to 29, 30 to 39, 40 to 49, and 50 to 59. As expected, the younger you are the more aggressive (emphasis on growth) they recommend you be and…

  • Withdrawing Funds from an Individual Retirement Accounts

    Just to clear things up a little bit, an IRA is actually called an Individual Retirement Arrangement, not an Individual Retirement Account, but everyone calls it an Individual Retirement Account so that’s why I call it that. I’m not usually a stickler for such things and I don’t really care what anyone calls it as…