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10 Of The Best Retirement Investments

Like most people, I am saving in a number of ways toward retirement, with one eye on what might be the best investments for retirement, when I get there. On the way, of course, there are 401 (k)’s, Roths, and various non-traditional routes available to most of us. For example, target date mutual funds take […]

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How Much Money Do I Need to Retire?

This is a question that I hear regularly from the baby boomer generation now they are edging toward retirement. Of course, what we all actually mean when we ask the question is ‘how much do I need so that I can live the rest of my life in comfort?’ It is, in reality, an almost […]

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Rising Dividend Stocks: Creating income, securing growth

Many investors want to create an income from their investments, perhaps to meet the expenses of everyday life, pay for a child’s education, or meet mortgage payments without reducing capital. Other investors look for capital growth, but want to achieve this with a cautious outlook. Often, fixed income investments are recommended to these investors. Cash […]

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Is a Gold-Backed IRA Right for You?

Having an IRA – an individual retirement account – is always a good idea for anyone other than a multi-millionaire. This is because it offers a pretty easy way to grow your retirement nest egg over the span of your career, using tax advantages to make saving even more advantageous. There are many types of […]

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Saving for Retirement: 401ks, IRAs, and the Roth IRA Explained

Saving for retirement is a big deal. If you don’t believe me, ask anyone who is at or past retirement age and still working not because they want to, but because they must. The earlier you begin planning and saving for retirement, the better off you’ll be – and that means understanding and taking advantage […]

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Where Can I Put My 401k Rollover to Gain Maximum Returns?

Your 401k represents a powerful investment tool for your retirement. It gives you a tax-advantaged vehicle for taking your salary, matching it with contributions from your employer, and growing it through an investment portfolio of your choice for your retirement. Making use of a 401k through your employer is a great idea and one you […]

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Can I Use an IRA to Pay Off Debts?

Do you have an IRA – an individual retirement account? If so, you’re headed in the right direction; only 38% of Americans have one, and only 15% of Americans actually make annual contributions to a plan. An IRA gives you a tax-sheltered ability to grow your net worth over the years and create a comfortable […]

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Tax Treatment of Inherited IRA Accounts and Inherited IRA Distribution

Opening up an IRA can be somewhat confusing for some people. Knowing the ins and outs of tax and penalty implications for withdrawals and earnings is a bit more complex. Where it really begins to get complicated is when you inherit an IRA and have to deal with taxes. The tax regulations governing inherited IRAs […]

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Do I Pay Taxes on a Roth IRA Withdrawal of My Original Funds?

Roth IRAs were created in 1997 to offer a tax advantaged way to save for retirement, apart from what you can find with a traditional IRA. Currently, roughly 22% of Americans surveyed said they have an IRA account, and while most use a traditional IRA, more and more savers are turning to a Roth IRA […]

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How Much Will the Tax Be on Cashing Out a 401k?

Nearly 50 million Americans have 401k accounts, which are retirement savings accounts that match your monthly, pre-tax contributions with contributions from your employer (in most cases). The money then grows in your investment portfolio and can be withdrawn, generally, once you hit the age of 59 ½. A 401k is tax advantageous because you can […]

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