Planning Retirement with Tax Deferred
Savings
By Mike Selvon
 As
you approach your golden years, you may
be wondering about the various pros and
cons of tax deferred savings plans.
While the idea of not paying taxes on
your savings may seem alluring, there
are also fees to consider.
Another complication is determining
which tax deferred savings plans your
family is eligible for. Before making a
decision, you should carefully examine
all options to determine what kind of
saver you are.
Read more
|
|
|
How to
Diversify Investments in your 401K plan
By Caterina Christakos
 You
have signed up for your employer's 401K plan
and are very proud of yourself because you
are not only getting tax benefits, but your
employer matches a portion of your
investment (can you say free money?).
Congratulations to you. You have taken the
first step to becoming an investor and
building your portfolio for a wealthier
life.
Read more |
|
|
 Your
Complete Retirement Planning Road Map: A
Comprehensive Action Plan for Securing IRAs,
401(k)s, and Other Retirement Plans for
Yourself and Your Family
By Ed Slott
List Price:
$15.95
Price: $10.85
Corporate pensions are disappearing. Social
Security is in trouble. And the sizable
postwar generation is reaching retirement
age. With the futures of millions of
Americans at stake, Ed Slott, the country’s
foremost retirement planning adviser, now
offers expert advice on weathering the
perfect storm of financial instability that
looms on the horizon. Your Complete
Retirement Planning Road Map provides clear
step-by-step directions through the highways
and byways of IRAs, 401(k)s, 403(b)s, and
other major accounts.
 |
| |
|
Tax Deferred
Savings
|
|
|
 |
|
|
Definition and
Benefit of a Roth IRA
By Jeffry Evans
The Roth IRA is relatively new to the
investment world, having only been on option
since January 1, 1998. It was created as a
result to the Taxpayers Relief Act in 1997
to help Americans better save for their
retirement.
For some people (I generally think that in
the long run, the Traditional IRA is the
better bet for most people due to getting a
tax break up front and anticipating lower
wages and thereby lower taxes in
retirement), the Roth IRA is a better choice
for their investment needs than the older
Traditional IRA for several reasons.
Especially for military personnel who are on
active duty in a war time situation, their
compensation is tax free, and therefore any
contribution they make to their Roth IRA is
after tax dollars, even though they were not
taxed on their earnings.
Read more |
| |
 We
have the internet's best retirement calculators!
Click here to try them
out. |
|