How to Painlessly Find Money for Your IRA

How to Painlessly Find Money for Your IRA

Most of us have heard of financial gurus touting the many benefits of investing in an IRA. Depending on whether one goes with a traditional Individual Retirement Arrangement or Roth, participants can get some tax benefits with their contributions or on their withdrawals. If you’re looking to jump start or increase your retirement contributions, here are some big ways to find money in your budget. Full story

Should You Contribute to a Roth IRA, Traditional IRA or 401(k)?

Should You Contribute to a Roth IRA, Traditional IRA or 401(k)?

Young investors are faced with a number of retirement options and deciding how to allocate that savings can be a little confusing. Those who work for somebody else often have the option to invest in a 401(k) or similar employer-sponsored plan. In addition, you have individual retirement accounts such as the Traditional and Roth IRA. The problem is there’s no single plan that’s best for everyone. You’ll often hear financial pundits tout the Roth IRA as the best thing ever, but is it really best for you? Full story