401K 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,…

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Credit 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…

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Budget- 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…

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Can 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…

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No 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…

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Apr 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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