Opening a Roth IRA for Your Non-Working Spouse – Eligibility, Income and Contribution Limits
Can you open a Roth IRA for your spouse? This question comes up a lot among married couples with just one income. After all, one …
Tag: Roth IRA
Best Companies and Brokers For Opening a Traditional IRA or Roth IRA
If you are looking for a common and highly effective way to cut your tax bill for this year and/or the next, then consider opening …
2013 Tax Rates and Brackets, Standard Deduction and Personal Exemptions Updated in Federal IRS Tax Table
[Updated with 2013 IRS inflation adjusted tax brackets and fiscal cliff changes] Congress and the Obama administration’s fiscal cliff deal (ATRA act) means that 2013 federal tax rates …
When Can I Make Catch-Up Contributions to 401K, IRA, 403b and SIMPLE IRA Retirement Plans
[Updated with 2018 limits] Catch-up contributions allow people who feel that they do not have enough of a nest egg to make higher retirement plan …
How You Can Get a 14% Effective Tax Rate Like Mitt Romney and Other Super-Rich Americans
GOP presidential candidate Mitt Romney and his wife paid a 14% effective income tax rate in 2010 on nearly $22 million of income. Given the …
Using Your Roth IRA as an Emergency Fund
Have you considered using your Roth IRA as an emergency fund? In this era of tight budgets, a lot of people are finding it difficult …
2012 401K, IRA and Roth IRA Contribution and Income Deduction Limits
[Updated with 2012 details] 2012 tax advantaged retirement plan contribution limits have officially been released by the IRS, with slight increases over 2011 limits; due …
6 Things You Should Be Doing With Your 401K and Individual Retirement Accounts
When the economy and stock markets tanked many people stopped contributing to their employer sponsored 401K or self managed IRA plans. However, with markets back …
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 …
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 …
