Why You Shouldn’t Be Saving Money | Phil Town

The truth is if you are putting the bulk of your savings in a traditional savings account you simply aren’t making the best choice for your financial future. In fact, you are actually LOSING money that could amount to thousands of dollars, even millions of dollars in the long run with investing. http://bit.ly/31rWZNK

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2008 Roth IRA Limits and to Whom They Apply

Becoming more and more confused with the current global economy and the way the financial crisis is affecting almost everyone today, people are beginning to seriously find ways and means to save for the future and especially for their retirement. This has obviously become an issue of major proportions due to the demise of social security and the elimination of corporate pensions most elders were looking forward to. In the face of things, the Roth-IRA and other IRA programs were seen as alternate retirement plans that were considered to be God sent by most worried wage earners.

IRA Eligibility and What You Should Be Aware Of

Everyone is talking about Roth IRA and the other types of IRA and how great it is for those who are looking for ways and means of saving something for their retirement years. Sometimes we read about many programs that are full of hype and excitement until you come to the punch line which states in very small letter “condition apply” and you lose heart completely.

Finding the Best Possible IRA Custodian For Your Investments

Even if you are aware of what IRA is and how it works by saving money for you until you retire, there may be some terms that you are not aware of. IRA Custodian is one such term that most Americans have not heard of and it’s for this very reason that we will find out what it means. Simply put, an Ira Custodian is the organization that help you to save your hard earned money so that once you retire you will have a nest egg to enjoy life after a lengthy period of hard work and toil.

What You Need to Know About Roth IRA Early Withdrawals

In the event that you have more than one Roth IRA when it comes to withdrawals they are measured as one. There are no lines drawn between them for you to see just where the money you are taking is coming from. The Internal Revenue service IRS has made it so that you must take Roth IRA distributions in a precise order and that applies in any case.

IRA Contribution Rules and the Basis on Which They Have Been Made

There are rules for everything and they are necessary to keep people on the correct path and also to guide them. Can you just imagine what the world will be like if there were no rules? Just like for everything else, the IRA too has many rules for various aspects of their funds and the ones we are going to look at today are the IRA Contribution rules.