Criteria for Roth IRA Withdrawal
Posted on Jul 19, 2010 03:04:12 PM
Certain conditions must be met before a Roth IRA withdrawal can be considered a qualified distribution. Qualified distributions are totally tax-free transactions. Roth IRA qualifications include the following situations: a transaction is made on or after the age of 59 1/2, a transaction is made to the estate or beneficiary of the deceased, a transaction is made after approved disability, or a transaction is made to cover first-time home-buyer expenses… Continue reading
The Top 5 Retirement Investing Tips for Young People
Posted on May 2, 2010 04:41:45 PM
If you’re like most young Americans, saving up for retirement probably isn’t your first priority right now. You may have thought about it, and you may have even signed up to put 10% of your salary into a 401(k)–good for you, if so. But did you know that 10% probably isn’t going to be enough? Or that each dollar you contribute today will have a much larger effect than each… Continue reading