Roth IRA, Traditional IRA, 401K » about

Question about traditional IRAs?

admin — Fri, 07 May 2010 02:40:16 +0000

Okay. If I can only put 5000 into a traditional IRA a year. what if i want to invest more than 5000 dollars into the same fund. can i not just invest more than the 5000 and get no tax break for the additional funds? or do i really need to buy a separate identical mutual fund?

Need more help with IRAs, I’m confused about which to pick?

admin — Tue, 04 May 2010 22:48:10 +0000

I asked a question earlier, but I’m still unsure as to which I should choose. Right now I’m 25, single and have a savings account. I’m looking into an IRA for retirement…thinking long term here(30+ years). My Credit Union offers both Traditional/Roth IRAs, and Tradtional/Roth CDs. I’ve read about the advantages and disadvantages to both types of IRAs but I’m nervous about picking the right one for my needs and the future. The pre-taxed Roth seems great, but what if I get married and we make over $160k?(With my current career path it may be possible) and I’ll likely be in a lower tax bracket upon retirement. Any suggestions?

Stupid question about Roth IRAs?

admin — Thu, 08 Apr 2010 22:48:27 +0000

What is the interest rate for a Roth IRA? I realize who can contribute and what the limit is, but how do you make money with one? Does the bank that you go through help you invest, or are you completely on your own?

How or which is the easieast way to learn about IRAs?

admin — Fri, 05 Feb 2010 22:28:19 +0000

I quit my job and had 401K and now I need to figure out how not to lose my money but do not know anything about investing/retirement plans.

How about a single 401k that is part of a sole proprietor business?

admin — Sun, 20 Dec 2009 03:10:04 +0000

Where do contributions for either the deductible portion or the 401k Roth portion get reported? Is there a place on the schedule C or somewhere else?

What are the rules about withdrawing contributions (not interest) from a Roth IRA?

admin — Mon, 14 Dec 2009 12:40:10 +0000

Please cite a source, thank you!

Roth IRA help – What type of funds to invest in for someone who knows little about investing?

admin — Thu, 03 Dec 2009 03:17:45 +0000

I’m 34 and want to start a Roth IRA for myself and plan to to contribute the max amount in one contribution each year. I know I want to go with either Fidelity, Vanguard, or T. Rowe. I know very little about investing and would like to feel secure with the investment. I know there are too many funds to choose from and I don’t understand them. Thanks for your suggestions.