Topic: Individual Retirement Accounts

Maximize Your Tax Refund

We help you uncover all the breaks you might not find on your own.We help you uncover all the breaks you might not find on your own.The federal income tax rules have changed every year for the past decade, and this year ...

Fund an IRA, Cut Your Taxes

There’s still time to make a 2010 IRA contribution and lower your tax bill.There’s still time to make a 2010 IRA contribution and lower your tax bill.As you tackle your 2010 tax return, make sure you haven’t overlooked one of the best ...

How to Put Your Tax Refund to Good Use

Consider these five smart ways to spend the money.Consider these five smart ways to spend the money.I’m anxiously awaiting my tax refund. Do you have any suggestions for smart ways to use this annual windfall?Extra cash is still hard to come by, ...

Back Door to a Roth IRA

There's a way to fund a Roth even if your income exceed the limits for contributing to one.There's a way to fund a Roth even if your income exceed the limits for contributing to one.My wife and I are both maxing out ...

Don't Pay Taxes Twice

Keep track of nondeductible IRA contributions so you won't pay Uncle Sam more than you have to when you withdraw funds in retirement or if you convert to a Roth.Keep track of nondeductible IRA contributions so you won't pay Uncle Sam more ...

Death and Taxes

The IRS demands a final accounting and it’s up to your executor—or your survivors-- to file the paperwork.The IRS demands a final accounting and it’s up to your executor—or your survivors-- to file the paperwork.Death and taxes may be equally inevitable, but ...
The new tax law revives the tax break for people who transfer required minimum IRA distributions directly to charitable organizations.The new tax law revives the tax break for people who transfer required minimum IRA distributions directly to charitable organizations. Does the new ...

Coupling Your Credit

A joint mortgage won't drag down your credit score -- as long as you make your payments on time.A joint mortgage won't drag down your credit score -- as long as you make your payments on time.My wife and I have kept ...

Pros and Cons of a Checkbook IRA

The IRA opens a bank account, and the account holder receives a checkbook for this account. The account holder can then make investments with IRA funds simply by writing a check. The main advantage of a checkbook IRA is the level of ...

Best Investments for the Elderly

Finding the best investment for elderly investors is a somewhat daunting task as the investments must be safe enough so that retirees do not lose any of their hard earned money. Most financial advisers are now advising their clients to maintain a ...