Supplemental Retirement Income - Stock Market

The stock market represents a viable option for individuals wanting to create supplemental retirement income. But it also involves risk, and you should only get involved after doing your research. The first thing you need… more»

Roth IRA in a Nutshell

Roth IRATax free earnings are probably the most popular feature of Roth Individual Retirement Accounts. Roth IRA’s were established under the Taxpayer Relief Act of 1997. Since then they’ve continued to grow in popularity. Everyone… more»

What is a Simple IRA?

A SIMPLE IRA and SIMPLE 401(k) is not the same thing. They have similarities, and individuals are sometimes confused over which plan they actually have. With both, eligible employers must have no more than 100… more»

What is a SEP IRA?

A SEP IRA is a retirement plan established by businesses. Its main advantages are that it’s easy to establish, little work is required to administer the plan and there’s no deadline for setting it up… more»

Traditional IRA’s Make Attractive Investments

Traditional IRA’s make attractive investments because you are allowed to contribute 100% of your compensation, up to a specified amount. Contributions might be tax deductible depending on the taxpayer’s income, tax-filing status, and coverage by… more»

Educational IRA’s

With the rising cost of higher education, it’s critical that parents save money now for their children’s future college expense. The cost of a four year degree exceeds $50,000 at most colleges. An Ivy League… more»

IRA Definitions

Before investing in an Individual Retirement Account, it’s important to understand the terminology. If you don’t, you could lose money in penalties and unnecessary taxes.
Investments in IRA accounts are called contributions. It’s important to keep… more»

Individual Retirement Accounts

An Individual Retirement Account (IRA) is a tax-advantaged account, designed to help individuals save for retirement. The experts believe that most individuals will need up to 85% of their current income for retirement. Studies show… more»