Posts Tagged ‘ROTH IRA’
Will permanent residents benefit from Obama’s $4,000 college financial aid plan?
He promised the american people that the first $4,000 of college would be free, would permanent residents receive this benefit? Proposes to create an "American opportunity tax credit," which the Obama campaign describes as "a fully refundable credit" that "will ensure that the first $4,000 of a college education is completely free for most Americans…
Read More401K or Roth IRA – Which is Better?
Q: I am trying to decide if opening and contributing to a Roth IRA would be a better option than contributing over and above what my company matches in my 401K. A: Ideally, it’s best to max out both your 401K and Roth IRA accounts; the more you can save for retirement the better. However,…
Read MoreCredit Repair and Financial Freedom
Your Credit On the day that you decide to set foot on the path to financial freedom you should take a good hard look at your credit reports. The content of your credit will determine your credit scores. Every one of the building blocks of your financial plan is important. But if you ignore your…
Read MoreBudget- the Ultimate Financial Management Tool
B A carpenter uses a set of house plans to build a house. If he didn’t the bathroom might get overlooked altogether. Rocket Scientists would never begin construction on a new booster rocket without a detailed set of design specifications. Yet most of us go blindly out into the world without an inkling of an…
Read MoreIf I have a retirement plan at work , can I stil contribute to a roth ira -?
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 You can still contribute $4000 to a Roth IRA ($5000 if over age 50) if your…
Read MoreCan I Contribute to Both a 401(k) & a Roth IRA?
You Can Contribute to a 401(k) and a Roth IRA Saving for retirement is important at any age, as Michelle has found out. At the age of 35, she has learned that she has many options available to her that will help her prepare for her retirement years. Often times, people will choose to open…
Read MoreNo RMD in 2009? Time for a Roth IRA Conversion
There are now no required minimum distributions from your IRA or retirement plan for 2009. This is huge for seniors. Though many news sources have reported this change, here, noted retirement planning expert Jim Lange explains in detail how to proactively take advantage of this new tax law. Seniors can now make a Roth IRA…
Read MoreChristians, should financial aid for people with disabilities be ended? Isn’t it apart of "Gods" big plan?
If everything including the death of an infant who never left a hospital is apart of Gods "big plan". Why should the government give aid to the disabled or mentally ill? "God" created them that way and God wanted them that way, so why should we try to change that? Let’s put that money to…
Read MoreIs there a good free classified ad site for adverstising financial services?
My husbad and I have just started in online home loan services, and want to us free online classified ads as part of our adverstising plan. craigslist
Read MoreApr 15, 2009 – 7/14 – Dan Walkow
In this interview Dan turns the tables on David and asks him about tax consequences about several scenarios of investment including on death benefits. Beneficiary designations, US retirement accounts, cross-border implications of retirement investments in “the other country” Segment 1: Registered Retirement Savings Plans – it turns out that David’s father was the manager of…
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