Couples are marrying later in life, which means the merging two households.
If you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
The IRS and Congress allowed tax deferred growth and most times a deduction for your IRA, so they will not be happy if you want to withdraw your money before age 59½.
A Spousal IRA is an IRA funded for a spouse with little or no income by a working spouse with income.
IRAs are a very useful tool for retirement planning but not enough folks are contributing to them that are eligible to use them.
Get a jump-start on this year’s taxes. Set up a filing system.
The best way to beat taxes is by investing in your retirement plan.
Congress and the IRS decided that you cannot leave your pre-tax retirement savings growing forever tax-deferred, so they chose 70½ for you to begin mandatory withdrawals.
The average 401(k) balance came in at $80,600 at the end of the second quarter of this year (2013) according to a report released by Fidelity, which represents 12.4 million U.S. workers.
According to the Employee Benefit Research Institute’s latest study on borrowing, about 20% of IRA participants have outstanding loans from their plans.