Tag: IRA

IRA, 401k and Social Security Withdrawal Rules, Retirement Ages and Eligibility Criteria

Many people are confused when it comes to what the official retirement age(s) are. Which is unfortunate, because this is key for figuring when you can access your retirement savings… Read more »

401k, 403b, IRA Contribution and Income Limit Changes from Officially Released by IRS

[Update] You can now see the most up-to-date 401K/403b, IRA and Roth IRA limits here _____________________ The IRS has released the latest 401k, 403b, IRA and other retirement/thrift plan contribution and income limits…. Read more »

Over Contributed to Your 401k, IRA or Roth IRA? Correct Excess Contributions To Avoid a Tax Penalty

The article below shows what options you have if you mistakenly over contributed to your employer 401k plan or IRA. Over Contributed to Employer Sponsored 401(k) Plan Firstly, congratulations on having reached… Read more »

Am I Saving Enough Money For Retirement and How Much You Should Be Putting Away in 401K or IRA Accounts

Nothing is more significant over the long term from a financial planning aspect than ensuring you are setting aside and investing a sufficient amount to take care of your monetary… Read more »

2011 Tax Brackets, Rates and Federal Taxable Income Thresholds. Standard Deduction and Exemption Increase

President Obama and Congress have approved a two year extension to all the Bush-era tax cuts. This means that the 2011 Federal IRS tax rates will be the same as… Read more »