Why Investing is the Best Way to Get Rich | Phil Town

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Investing is perhaps the greatest way to have your money work for you. With the power of compounding interest, your money can grow exponentially over the years. And the earlier you start investing, the greater affect this compounding will have on your financial freedom.

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2010 Roth IRA Withdrawal Rules

The rules for IRA’s are set every year by the Federal government, and therefore it is wise for investors to keep up with these rules. Sometimes they change, sometimes they stay the same. There are four qualifications to withdraw earnings from your account.

Should I Convert My Traditional IRA? 3 Key Tips to Deciding

A lot of people are asking themselves this question, so don’t feel you are alone. For 2010, the taxation rule for converting a traditional IRA has changed. Therefore, you need to analyze your financial situation before deciding whether converting your Traditional IRA to a Roth IRA is right for you? Read these 3 key tips to help you decide.

Withdrawing From a 401k Plan

The 401k plan established by the federal government offers workers with an option for accumulating their wealth in view of their future retirement plans. This plan helps to provide a sum of money that people can tap on in case of emergencies such as a loss of job or medical bills. As the primary intention of the funds is meant to serve as retirement expenses, there are stringent 401k withdrawal rules that are set by employers and the government.

Introduction to 401K Rollover Plans

401K is a retirement benefit plan designed to safe money that can be withdrawn on reaching the stipulated maturity period. In other words, if you start saving early, you can build up a huge stock of cash that will make the after retirement days financially secure.

The Benefits of Investing in a Traditional IRA Account

The Traditional IRA account is one of the most important basics of retirement investing. While they are easy to implement and have many advantages, there are some rules you need to keep in mind.

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