Roth ira retirement plan : September 22, 2005 -- IT SOUNDS like alchemy or, perhaps, a ham-handed come-on for a scam: Turn $4,000 into $425,000 of tax-free money for retirement! But don't apply...

Roth ira retirement plan : November 8, 2006 -- Byline: Janet Bodnar, Kiplinger Washington Editors I am 20 years old. I make $20,500 per year, of which I contribute 10% to my company's...

Roth ira retirement plan : April 22, 2005 -- Regular IRAs are superior to Roth IRAs in one key respect: Roths have LESS protection against creditors than regular IRAs under U.S. bankruptcy...

Roth ira retirement plan : February 1, 2003 -- By Diana McCabe, The Orange County Register, Calif. Knight Ridder/Tribune Business News Feb. 1--President George W. Bush has ambitious plans to...

Roth ira retirement plan : September 22, 2005 -- NO MATTER WHAT CONGRESS and the President decide to do about social security, this year's heated debate is an urgent reminder of an indisputable...

Roth ira retirement plan : February 4, 2007 -- Q: I SAW your article on giving a child or grandchild a Roth individual retirement account as a Christmas gift. I have five grandchildren and would...

Roth ira retirement plan : April 14, 2008 -- Roth plans are tricky. But with planning you can boost your retirement earnings. High earners can snag a tax break on retirement savings if they...

Roth ira retirement plan : November 1, 2006 -- Roth IRAs are tax-friendly ways to save for retirement. They can also provide a great way to leave money -- lots of it, if you're a supersaver -- to...

Roth ira retirement plan : September 17, 2006 -- Question: If I have a 401(k) plan, do I need a Roth IRA? Answer: Contribute enough to your 401(k) to capture your employer's matching...

Roth ira retirement plan : October 1, 2005 -- Fans of the Roth IRA may want to think about acting on a provision in the Economic Growth and Tax Relief Reconciliation Act of 2001 that lets...

Roth ira retirement plan : I am going to be 28 this year and I have about 15000 of funds in my employer sponsored 401K. I am currently in debt though I have a plan to knock it out next year thereby reducing the funds I send to Satan's spawn each month (the credit card companies). I am thinking about starting a Roth IRA next year as well as I understand you can withdraw the money anytime you may need it (such as an emergency, job loss, etc). With the Roth IRA and the contributions to the 401K, I would be saving a comb

Roth ira retirement plan : I'm 26, making about $32,000 a year right now. I am up for signing up for my office's retirement plan. I don't know how much money to put in, or wether to get a reg. IRA or a Roth IRA.

Roth ira retirement plan : So I finally decided to sell my stock that I had bought through a Employee Stock Purchase and after tax thats what I was left with. Now I have not invested in a retirement plan yet and was very interested in doing so now. I was looking through Fidelity Investments since thats who I sold the stock through. Anyone have any advise on retirement plans? Assuming I retire at 65.

Roth ira retirement plan : I may be sued over a car that got repoed for 5,800 if they get a judgement against me can they barge in my house and take whatever is not exempt? I have a lots of tools in my garage can they take them all?My house is homsteaded. Heres a copy of exemptions does this mean i cant have a car worth more than 1000 or they will drive it away? Thanks in advance !Florida Post-Judgment Asset Exemptions Homestead: Real property including mobile home to unlimited value. Property cannot exceed 1/2-acre i

Roth ira retirement plan : I am trying to learn about the IRA and roth IRA but I don't understand where the benefits are? In a traditional IRA income taxes are paid by distributions while by a roth IRA income taxes are paid by contributions. I am not sure if capital gain taxes are paid or not by traditional and roth IRAs, would that be the benefit in investing in those retirement plans, avoiding capital gain taxes? Where are taxes lower, in a traditional IRA or a roth IRA if I invest in a mutual fund that pays every ye

Roth ira retirement plan : I will be starting a state job soon that offers a wonderful 20 year state retirement plan. I also have started a Roth IRA through T. Rowe Price to which I plan of contributing at least 2000 to every year. I have no debt except for my car, and I am working on getting my personal savings up to $10,000. I am 32 and a single parent of 2. Am I on track? Does this seem good enough for a sound retirement?

Roth ira retirement plan : I currently am a government employee and have an employee retirement plan (not 401k). Should I also consider investing in a mutual fund? Would I be able to have a Roth IRA? I don't plan on working for the government for much longer so I would like to start a separate retirement fund.

Roth ira retirement plan : I'm trying to find ways to reduce our tax liability as much as possible for next year's return, as my husband found a job after finishing college this year and our combined income should be about $102,000 come next April 15. I earned about $60,000 last year and as joint filers, we got back $1600 from the IRS for 2007. According to the tax tables, (at our current W-4 exemptions) we should owe IRS about $1200 next year if we don't do anything, so I'm trying to find out which retirement plan

Roth ira retirement plan : My company will match up to 4%. 4% is what I currently contribute. Since it's tax-deferred, I'm tempted to contribute up to the max of $15,500 annually. Or should I invest the money elsewhere, where it could make a greater return? My 401k plan has averaged 6.73% 3 years, 10.10% 5 years, 4.37% 10 years. It was down for last year: 1.11%. I already max out a roth IRA. 23 years to retirement.

Roth ira retirement plan : I am currently 26 years old and have a yearly income of $70,000. I have no major investments, rent an apt and have minimal debt (small student loan, small car loan and no credit card debt). My employer offers a pretty good retirement program and it's composed of 3 parts: 1. Pension at retirement ( 1.5% of my final average monthly compensation X years of credited service) 2. Employer paid retirement saving account (my employer contributes 5% of my salary per period to a savings account 3. 403

Roth ira retirement plan : Hi ok I had a friend who told me to not go with a roth IRA because he said that it could be eaten up with inflation. So what can I do, which retirement plan won't be too affected by inflation? Someone please help!

Roth ira retirement plan : I am 21 years old, and am currently self-employed and plan on being so for a very long time. So, since I will never have a 401k or anything like it from an employer, I have been trying to find a good way to start saving for retirement now. I can only afford to put away about $50 a month, and have been looking into IRA's but I'm having trouble understanding the differences between the Roth and traditional. Can anyone explain the differences in layman's terms and how they affect my yearly taxes

Roth ira retirement plan : I want to own a home/condo soon (in the next 2 yrs), and have an okay salary but really do not know about contributing 50% of my income to retirement! What is the best plan of attack? and are 401Ks safe? or should I do something else? (already have a Roth IRA). Thanks.

Roth ira retirement plan : My wife and I are both 31 years old, and we want to start saving for our retirement. We're interested in starting a Roth IRA, but with today's economy, we really don't know if that's the best choice, or with which company to go with. Basically we just need some advice.

Roth ira retirement plan : I am 27 and just getting started in my career. My employer gives a match 10% of my yearly income into my 401(b) retirement plan. I am married, and looking to have kids that go to college, so I want to invest with them in mind as well. Should I invest in my 401(b), a Roth IRA, or get started with a 529 for my future kids? Or is there another investment option? Any advice/insight would be helpful.

Roth ira retirement plan : The company that I work for, DO NOT have 401K plan.. Currently, I am maximising on my Roth IRA. Is there any other plan that is available that I can take advanage of to save for my Retirement? I am 45.

Roth ira retirement plan : i am 21yo working & i am in the tax bracket of 36% - I KNOW, its ALOT of taxes!!! - anyways, my company only offers 403B plans, so i was thinking of joining either a Roth IRA or Regular IRA though one of the companies associated w/ my job (such a ING, Fiedlity etc)?? how would i know what tax bracket i would be in when i retire (around 50ish)?? should i put money into the retirement plant before taxes come out of my paycheck or after taxes are taken out of my current paycheck?? HELPP!!

Roth ira retirement plan : Well, I am 42 and have decided that it is time to start planning for my retirement. I just funded my new Roth IRA with the maximum contribution of $4,000 for 2007. Now what? I don't know what to invest in. Should I look for a financial planner, if so, how much do they cost and where can I find out if they are any good? I am new at this.

Roth ira retirement plan : My wife is starting a new business, an LLC, that is a Psychology private practice. She is the sole owner. She will be employing 1 person who will be doing Psychological testing for her. Unfortunately, due to state requirements, this person is required to be a W2 employee. She will be part-time, likely working 15 or so hours per week. My wife would like to be able to save for retirement. A standard IRA (or Roth IRA) does not allow her to save as much as she would like. We have been point

Roth ira retirement plan : I'm trying to start my retirement planning (roth IRA) at an early age. I'm 23, recent college grad, newly married. I have a small amount per month that I'm able to put in but not a whole lot right now. IT seems like everwhere I look they require either a high monthly deposit or 3000-4000 start up. I'm trying to start early because I know it's smart, but everywhere I turn is turning me down! I'm getting frustrated over the idea that I have to save up to save up! Any suggestions?

Roth ira retirement plan : I am looking to start retirement contributions and I have decided to open a Roth IRA. I need some suggestions on who I should go with. My current plan is to put in the max amount every year if that matters.

Roth ira retirement plan : I'm 24 and in the military. I have 10% going to my Thrift Savings Plan through the military and I was thinking about opening up an IRA. Should I open a traditional or Roth IRA? Which would compliment my TSP and what is better in the end? I'll appreciate all serious advice.

Roth ira retirement plan : I file married filing jointly - what is the income cut off for donating to a roth? Husband is self- employed and no retirement plan - he puts his in a traditional ira - what is his cut off

Roth ira retirement plan : Is there a limit to the maximuim amount I can cotribute to both retirement plans?

Roth ira retirement plan : I had a class tonight that talked about Roth IRAs and I'm pretty sure I want one!! It sounded great! So, I know I'm still young, but with the medicare and Social security crisis that is being predicted right now in the United States.. I'd like to start saving for my retirement! (& let intrest play a big role in building my money) I'm thinking I'll invest part of my tax return, but I don't know much about ROTH IRA's. I heard a bunch of stuff about it tonight, but it basically flew over my hea

Roth ira retirement plan : I am 20 years old and am looking far into my financial future. I want to be able to live comfortably far after I retire. I have just started looking into retirement planning and know NOTHING about it. I am looking for an introduction into Retirement Savings Plans. I would like to know about IRAs, Roth IRA's, Simple IRAs, 401(k)s, 403(b)s and stuff like that. Mostly 1) What is each one. 2) What are the differences? 3) What are the Ups & Downs to each 4) Can I have more than one? 5) How do I go

Roth ira retirement plan : I have the 14K I still owe on it laying around. Should I pay it off or just add it to my Roth IRA over the next 3 years or so(bank and food stocks are attractive at this point IMO). Loan is for 5 years at 2.9%. I currently have 50 payments left. I only drive 8-10k miles a year and plan to keep it until 12 yrs or 120k miles which ever comes first (I don't care about cars). I have other money saved in liquid accounts ( non-retirement) besides the 14k and retirement accounts. And no I'm not

Roth ira retirement plan : I already am invested in my current companies 401a plan (5 1/3% of paycheck goes towards this) but it's time to start putting more towards retirement. (I'm 34). 6+ years ago I left my job in which I still have just over $10K in their 401k with Merril Lynch. Well it's been long enough and I need to start doing something with that money. My options... roll it over to my current companies additional deferred compensation/457 plan but they do NOT match contributions or I can roll it over to, I ass

Roth ira retirement plan : Okay, I got this finance project as an alternative project to what the class is doing because I am excelling in the class. I was asked to make a retirement plan for my teacher, who earns $43,000 a year, $75 a month goes to her Roth IRA and $75 a month goes to her 403(b). She owes $118,000 on her house, $10,000 on her car and $25,000 college debt. I can get more info if needed. Now the question is, how should she invest her money and in what should she invest her money to have a nice retiremen

Roth ira retirement plan : My fiance has moved to a new job. The previous job set up a retirement account for her. The account dropped below $1000 (to $990) so Fidelity told her she needed to do something with the account. I believe the employer requires the $1000 minimum. She has a few options, take the cash (minus the taxes and penalties), create a traditional IRA, or create a ROTH IRA. We want to keep the money invested. We know the difference between a Roth and a traditional. We just dont know which would be

Roth ira retirement plan : I'm inheriting quite a bit of money, probably close to 2 million. However, I know that one portion of it is a partnership I have stakes in (7.2%), which as of 6 years ago filed corporation papers listing a capital input of around 4.5 million, which has probably grown, so let's say that's 500-550k. At 500k, how much will I be charged when I inherit it? And with the remainding money, what do I do to save it for my retirement? I know that a Roth IRA has a financial limit not allowing for me t

Roth ira retirement plan : Okay I'm 23 recent college grad and just married. I want to start a roth IRA and this will be my only retirement plan. I know to stick with a big name company like fidelity or vanguard but their websites are SO confusing. I have a high risk tolerance because I'm so young and think I want to open just a basic mutual fund and let the fund person keep track of everything for me. So my question I guess is how do I know which company to go with and which one of their funds to choose? Oh, and what i

Roth ira retirement plan : I am really confused. I'm doing my own taxes, because I'm cheap and want to save $100. I am having trouble with the following questions online: Did you withdraw or receive distributions or payments from:A retirement plan such as an IRA, Roth IRA, or 401(k) in 2005 or 2006? A retirement plan such as an IRA, Roth IRA, or 401(k) between January 1, 2008, and the due date, including extensions, of this return? A 404(k), 414(h), or other non-contributory plan as reported on Form 1099-R? A

Roth ira retirement plan : balance of 800,000 401k convert to a Roth IRA pay taxes on the 800,000, and withdraw from the roth IRA in retirement

Roth ira retirement plan : I am 100% vested in a retirement account from my previous job. I have 6,800 dollars that I can cash out or roll into a traditional IRA. I prefer roth but they specify traditional. Paperwork states that if I cash it out I am taxed 20% upfront plus an additional 10% for being younger than 59. I have tried to read and understand the fine print on the IRS website, but still have questions. If I cash it out, is the 30% withdrawn before I get the checK? I know the 20% does, but I don't know about

Roth ira retirement plan : Fact: My wife & I will retire at 62, won't live in USA, & will have 3 types of securities-related incomes: my 401k + IRA & her Roth IRA. We have an after-tax-dollars joint mutual fund account. When we reach 62, we'll apply for Social Security, but the money we might receive is not part of our plans; if we receive anything, that'll be a bonus! When we reach 62, what should we do with our IRAs & my 401k? We plan on not working & just living off our retirement incomes. Aside from annuities &

Roth ira retirement plan : I'm using simple terminology to help others who may benefit from my questions. Facts: our planned retirement age 62, won't live in USA, we will have 5 sources of income: my 401k + IRA + military pension, her IRA , & our investments. Unknowns: Social Security for us, & my employer's pension; not planning on them. 1. I have a regular 401k. Would like to know what mandatory US government deductions (e.g., taxes) will I owe on each withdrawal? A simple line-item answer is fine. 2. Same qu

Roth ira retirement plan : I am currently planning to leave my current investment advisor as I am unhappy with the level of service and lack of low cost options. I plan to continue having an advisor that will manage two main retirement options (a roth IRA and a rolled over 401K from a prior job). I don't want to put all my eggs in one basket with this one group and would also like to push some discretionary income into an account with Vanguard that I will manage on my own, mostly investing in index funds. is this a rela

Roth ira retirement plan : i'm 27 yrs old. i live in virginia. i just moved from oklahoma 5 months ago from my ex girlfriend that used me & never really wanted a future but someone to take care of her. in the last 5 months since i came back home i have been working 2 jobs, i have my own apt, i'm gettting my life together but i wonder about the future. i don't want to be working forever. what kinds of things can i do so i can start saving money away for retirement?? i have heard of the savings bonds & cd's. is that soe

Roth ira retirement plan : i'm 27 yrs old. i live in virginia. i just moved from oklahoma 5 months ago from my ex girlfriend that used me & never really wanted a future but someone to take care of her. in the last 5 months since i came back home i have been working 2 jobs, i have my own apt, i'm gettting my life together but i wonder about the future. i don't want to be working forever. what kinds of things can i do so i can start saving money away for retirement?? i have heard of the savings bonds & cd's. is that s

Roth ira retirement plan : I'm 22 years old, in the military and make 2,753 a month after taxes, including BAH. I'm in the process of saving 1500 a month for the next year for a downpayment on a house. At the same time, I'd like to begin investing. I'm wondering, since I'm young, if I should begin investing in mutual funds that I can cash out in 15 years after I pay off my first house or if I should just put my money (planning on 15% of monthly income) into a Roth IRA, so I'll have a good retirement fund? Or should I sp

Roth ira retirement plan : I am thinking of doing retirement planning in India. I was looking at some plans in LIC / SBIlife, but I want to know, since I am already paying taxes here in US, Is there a fund, that will give me tax -free returns on retirement (like Roth-IRA) in India. I was looking at unit linked plans from SBI life and unit plans from LIC. Any other suggestions ?

Roth ira retirement plan : I would like to consider a plan for my retirement. When I check some banks, I dont know why they all have Roth IRA and traditional IRA, that's why I dont know which bank do I need to apply? Also, how do I know which one is good for me between Roth Ira and traditional ira? Right now, I am not receiving W2 for tax, I am receiving 1099 form. So anybody helps me how to choose between Roth and Traditional please! How do I know which bracket 10 - 15% tax bracket OR 25 - 28% tax bracket I am in. I

Roth ira retirement plan : Hi, I got a new job which does not offer retirement benefits (e.g., 401k) until I have been employed by them for one year -- so I will not be able to contribute to their retirement funds this year. I do plan to max out my Roth IRA for this year. That should still leave about $6,000 which I would have invested in 401k if I could. At the same time, my husband and I plan to buy a house this year. We should have enough for 20% down payment. The question is, should I invest the 6000 as an

Roth ira retirement plan : I am a 25 year old male. I have been receiving an annuity since I was 18, and I was scheduled to to receive it until I turned 29. This probably doesn't seem wise to most, but I just settled the rest of annuity with JG Wentworth for a lump sum of $27,000. So, basically, beyond paying off debt and traveling, I want to take a good portion of this money and invest.Problem is, I haven't the slightest idea how any of it works, and I guess I don't want to get too deep into it either (meaning I have

Roth ira retirement plan : I know these questions are poluting every board on the net. so here is another one: I max out my 401k, Max out my TRADITIONAL IRA anually (Fidelity's-Freedom 2050 Mutual Fund), *until 2010, where I will xfer to a roth* question: in 10k incriments I put towards CD (just till I get the advise I need/ Out of place/out of mind) the way my budgeting prediction is for November '09 (assuming things are still how they have been) is that i will have $120k in moneys to invest, of course I will not w

Roth ira retirement plan : Ok. I don't have a 401k, but its equivalent for government employees: 457. This is an voluntary/optional plan; I am covered by the County's own retirement plan. The 457 plan works just like a 401k with the exception of 2 main things: 1) there is no employer match (this plan is voluntary remember) and 2) I can't borrow money from this. So why can't I set up my own 401k-type plan? I know another option I have is an IRA (regular or Roth), but what I want to know is why can't I set up my own

Roth ira retirement plan : My husband borrowed against his 401k, Now we are paying back the loan at $225. every 2 wks. We r still financially strapped and would like 2 end the $224 payments. Can we do that without hurting the balance of the 401K. or would it be better 2 transfer into another retirement plan such as Roth IRA. Really do not want to lose balance of 401K but no longer can afford 2 pay back loan. Thanks! DJB

Roth ira retirement plan : I work for a city government that has a mandatory retirement plan for its employees which is 5% of your salary and they match it. I am also enrolled in a 407 plan, no matching funds. Both of these are pre-tax deductions. Is it adviseable to enroll in a ROTH IRA. Thank you

Roth ira retirement plan : I had a 401K plan at a previous job which was funded with profit sharing money. Due to some unforseen expenses that have come up, I am going to take the $3,000 lump sum in lieu of rolling it over into another 401K account. (Don't worry--I have a Roth IRA and am saving for retirement) The plan was originally $3,600 but by law they have to take out 20% mandatory withholding. Will this $600 that was withheld (or a portion of it) be returned to me with my 2008 tax return? I have always received