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
Colorful eggs are a sure sign that Easter is approaching and that the tax deadline… Full story
Investing has never been easier than today with all the options available for people to really use their savings to achieve the dreams and the goals for the future. No savings to become a smart investor? Consider your tax refund to start investing in the stock market like a professional.
Invertir nunca había sido tan fácil como ahora gracias a todas las opciones disponibles para que la gente realmente aproveche sus ahorros para lograr los sueños y metas para el futuro. Full story
Happy New Year! For most of us, the new year is time to make resolutions and attempt to make a fresh start. It’s also time when many folks start thinking about filing their taxes. If you’ve said goodbye to 2012 and you’re ready to tackle your 2013, here are 5 tax tips to keep in mind for the new year ahead.
IRAs can be a powerful tool that can help you build your finances, prepare for a better retirement, and get a hefty savings at tax time. Find out more. Full story
The Roth plan requires post-tax contributions, but allows tax free growth and distribution. With pre-tax plans, you contribute to the plans with your funds without any taxes deducted so the distributions are taxable. So which one do you choose? Find out more here. Full story
Tax–free treatment of Qualified Charitable Distributions from traditional and Roth IRAs has been extended through December 31, 2011. As long as an individual meets certain criteria laid out by the IRS, this strategy will offer hefty tax savings for individuals. Find out more here. Full story
As tax day rapidly approaches, here’s what you need to do now before you file your tax return. Full story
Although the calendar says 2011 already, you can still make a 2010 IRA contribution. In fact, you can make a contribution until April 15, 2011. Furthermore, some taxpayers are eligible to deduct their IRA contributions, thereby lowering their taxes for a year long since over. Crazy? Not in the wonderful world of arcane tax rules. Here’s an overview of how IRAs affect your taxes and vice-versa. Full story