A Roth IRA account is very different from a traditional IRA. There are many rules and terms between the two that are not the same. With a Roth IRA, you can only contribute so much per year, which is based on the amount of compensation that you receive from your job or retirement income. [...]
I have recently started contributing to a Roth IRA account for a few reasons. I make less than $100,000 per year and thus am allowed by law to contribute the full $5,000 max per year to my Roth IRA account. One of the main reasons I have chosen this type of IRA is because the [...]
An IRA is also known as an Individual Retirement Account. There are many different types of these accounts, and in order to know which one is right for you, you need to do a thourough examination of your circumstances.
I’ll be blogging about all I know about the Roth IRA since it is the one that [...]