IRA ExplainedAn Individual Retirement Account or IRA is a plan that allows a person to make contributions each year if they meet the contribution requirements. If you are age 50 or older, you can contribute even more to your IRA....
Investor in Canadian oil trust hopes to recoup full dividendsQ: I own shares of a Canadian oil trust in my Roth individual retirement account.
Nation's Business - SIMPLE IRA proves popular - Savings Incentive Match Plan for Employees, individual retirement account, retirement plan for small businesses - Brief ArticleNovember 1, 1997 -- One option in the new SIMPLE retirement program for small businesses, which came on the market at the start of the year, is getting rave reviews, but ...
Avoiding Confusion With IRA RolloversA botched rollover of your individual retirement account can mean the difference between retiring in comfort or retiring a few years later than you'd planned.
Sometimes it pays to keep ahead of tax billAn illiquid estate and a terminal illness don't mix well. An elderly widow who is near death has a $1.5 million traditional Individual Retirement Account naming her 47 year-old daughter as her sole beneficiary.
IRA ParticipationThe Individual Retirement Account (IRA) contribution statistics are concerning. On 2000, at the height of the finantial services boom, less than 10% took advantage of these retirement instruments. Unfortunately, the government hasn't been able to provide statistics for later years (slow statistics system), but I do not have high hopes the number would have improved dramatically. Year 2000: (source: IRS.gov, published in 2004 - government is kind of slow) Year 2000 taxpayers: 179.6 million. Year 2000 taxpayers elegible for contributing to an IRA: 159.9 million. Year 2000 taxpayers who contributed to an IRA: 15.1 million. Only 9.4% of those eligible. In this article, let me stress the importance of contributing to an Individual Retirement Account (IRA), and lets start a discussion on why people don't take advantage of this vehicle. Can we help bring this statistic up?
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