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One swallow does not make a summer, but one skein of geese, cleaving the murk of March thaw, is the Spring.
Aldo Leopold Categories
Tag Archives: Roth IRA
IRAs – Don’t be fooled on April 1st
April is just around the corner, which means there is a good chance that the fast-approaching tax deadline is at the forefront of your mind. For those lingering in the preparation process – or for those who have not even begun – there are some factors of which you may or may not be aware. Read More
Undoing a Roth IRA conversion may save money
The stock market’s summer nosedive was extra painful for those who recently converted their Individual Retirement Accounts to Roths. Read More
Traditional vs. Roth IRAs
When navigating the road to retirement, determining which savings vehicles are most appropriate for your current and future needs can seem complicated. Read More
Time remains to contribute to IRA, save on taxes
Is your tax bill too high? You may be able to cut it and save for your retirement at the same time. You can make a contribution to an IRA until April 18, this year’s filing deadline, and deduct the amount on your 2010 taxes. The maximum deduction is $5,000 or $6,000 for those 50 and older. Those 70½ and older are not eligible to make contributions. There are also limits, based on adjusted gross income, on how much you can deduct from your taxes if you are covered by a retirement plan Read More
Time for a Roth IRA Rollover?
2010 presents a unique opportunity to get retirement assets into a Roth IRA account. Before this year, only taxpayers with adjusted gross incomes less than $100,000 were permitted to move assets from another qualified retirement… Read More
Strategy Corner—Roth IRAs: New Opportunities
In this article, Contango Capital Advisors explores the benefits and pitfalls of Roth IRAs and why you might want to take a fresh look at them. All of you have heard of Roth IRAs, but most of you have not paid too much attention to them because they have had income limitations that have made them irrelevant to all income categories.
However, in 2005 Congress passed an amendment to the rules that will expand Roth IRA opportunities to everyone regardless of their wealth, beginning in 2010. Read More
IRAs as Building Blocks—Retirement: 2 of 6
In Part One of this series, Zions Bank Senior Vice President Paul Hansen offered an overview of some key considerations when planning for retirement. In Part Two, Hansen reviews IRAs, the building blocks of a retirement plan.
“After some Zions Bank clients expressed concerns about keeping IRAs open, I realized there was confusion out there,” Hansen says. “An IRA, or Individual Retirement Account, is a vehicle for saving. It’s not the investment itself. IRAs can be used to invest in stocks, bonds, mutual funds, Certificates of Deposit, money market accounts and other investment vehicles such as real estate. When investing in an IRA through a bank, clients can put their money in CDs and money market accounts covered by FDIC insurance for up to $250K.” Read More
