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It's never too early to start planning for retirement and our guide to retirement is a good way to get started. We'll talk about the importance of individual retirement accounts such as the traditional and Roth IRAs and we'll explain all of the eligibility and contribution rules so that you understand what the best choice is for you.
We take the same approach with 403b and 401k plans that we do with IRAs. If you're lucky enough to have an employer that offers a 401k, then we'll give you some tips that will help make sure you're taking full advantage of this great retirement benefit.
Retirement Planning
It's never too late to get a jump on retirement planning. Whether you've just started your career or you're getting close to retirement age, we've got something to offer you when it comes to planning for retirement.
401k Retirement Plans
In total, we've got over a dozen articles dealing with 401k plans. We've covered all of the rules, whether it's related to contribution limits, rollovers or withdrawals. We've taken all of the information from the IRS and spelled it out in easy to understand segments.
If your employer offers its employees a 401k plan and you're undecided, we also explain why we think this might be the most valuable retirement benefit offered:
Roth IRA Retirement Accounts
Everything is relative and the Roth IRA is a relative newcomer. The tax shelter benefit from these plans is quite unbelievable. If your 401k or 403b plan is fully funded and you want to put more money away for retirement, you should give the Roth IRA serious consideration:
Traditional and SIMPLE IRA Accounts
If you're looking for some immediate tax relief, then you might want to think about opening up a traditional IRA. As we did with 401k plans and Roth IRAs, we provide all the information you need including IRA rollover rules and contribution limits:
403b Accounts
We're just getting started with our 403b information. But in the coming weeks we will continue to add to this section. By the time we're done, we'll have covered the 403b in as much depth as our 401k section
Special Retirement Topics
Finally, we've got a couple of special retirement topics that you might want to take a look at. Coverdell ESAs are an often overlooked way to save for college. And if you're wondering what the difference is between a Roth and Traditional IRA, we can help you figure out which plan is right for your individual situation:
Latest Additions
The last five articles we've added to this category include: |