Invest

how to invest

Live

career, food, travel

Save

saving, credit, debt

Protect

insurance, security

Retire

401K, IRA, FI, Retire

Home » Archive by Category

Articles in IRA’s

Roth IRA Basics, In a Question & Answer Format
Sun, 11/23/14 | 7 Comments
Roth IRA Basics, In a Question & Answer Format

Roth IRA’s have become quite popular among the millennial generation (and beyond) and can be a great addition to your retirement savings arsenal. But Roths bring a lot of questions with them, so I wanted …

Qualifying for the Saver’s Tax Credit in 2014 and 2015
Sun, 11/23/14 | 2 Comments
Qualifying for the Saver’s Tax Credit in 2014 and 2015

Free money is great, so this post has been updated for the 2014 and 2015 calendar years.
What is the Saver’s Credit?
The Saver’s Credit (aka the ‘retirement savings contribution credit‘) is a lesser known, highly advantageous …

2015 Traditional & Roth IRA Contribution Limits
Fri, 10/24/14 | 5 Comments
2015 Traditional & Roth IRA Contribution Limits

2015 Traditional & Roth IRA Maximum Contribution Limits
Unfortunately, 2015 will not bring an increase in the maximum individual retirement account contribution amount. The 2015 maximum IRA contribution limit is still capped at $5,500, the same …

Retirement Plan Rollovers Have you Confused? Check Out this Rollover Compatibility Chart
Wed, 05/14/14 | One Comment
Retirement Plan Rollovers Have you Confused? Check Out this Rollover Compatibility Chart

Have you ever wondered, “Hmmm… can I roll this retirement plan over to that retirement plan”?
Retirement plan rollovers can be confusing. Sometimes there are goofy rules around when you can do it or if you …

Self-Employed Retirement Plan Faceoff: SEP IRA vs Solo 401k vs SIMPLE IRA
Mon, 04/21/14 | 4 Comments
Self-Employed Retirement Plan Faceoff: SEP IRA vs Solo 401k vs SIMPLE IRA

While completing my taxes this year, I started noticing that I would have a sizable tax bill due from self-employment income unless I found a way to reduce my taxable income.
Our (my wife and I …

SIMPLE IRA Basics for Self-Employment Income
Mon, 04/14/14 | One Comment
SIMPLE IRA Basics for Self-Employment Income

This is the third installment in a multi-part series on retirement accounts for self-employment income.
We previously covered SEP IRA and Solo 401k basics. In this post, we’ll cover the SIMPLE IRA.
You don’t have to be …


Home | Sitemap | Terms | © 20somethingfinance.com