It seems like the Roth IRA is so flexible: you can put your kids education savings in there, you can withdraw principal after five years without penalty, etc. So does it make sense to just simplify things and have a) a checking account, b) a savings account (for emergencies) and c) a Roth IRA for all ...
I’m curious to know the reason why someone can’t contribute as much as they want to their 401K plan. ...
In 2010 you can convert these to a roth. Is this a good strategy vs. investing in a non-tax sheltered but tax advantaged mutual fund or other investment. ...
It seems like the Roth IRA is so flexible: you can put your kids education savings in there, you can withdraw principal after five years without penalty, etc. So does it make sense to just simplify things and have a) a checking account, b) a savings account (for emergencies) and c) a Roth IRA for all ...
I have two questions about my employer retirement 401k contributions. 1. The maximum I can put in is $15,500 for 2007. But I started in mid year. Is it prorated from the time I started? Example: I started on July 1, is the contribution $15,500/2 = $7,750. 2. My employer matching is 2:1 up to a maximum ...