Retirement Archive

A Guide to Ira Income Limits for 2011

An Individual Retirement Account (IRA) is a tax-friendly retirement savings plan. In a standard IRA, contributions are tax-deductible, but tax must be paid on all withdrawals. In a Roth IRA, designated Roth contributions are included …

Ways to Improve your Retirement Savings

The cost of retirement can be excessive, thus it is vital to maximize your savings as much as possible. Various strategies will allow you to save more for your later years. Save The first step …

Best new Places to Retire around the World

Talking about Retirement is very interesting to me and my husband as both of us come from different countries. I am from Indonesia and my husband is from USA. We have the opposite in deciding …

Why you should never Borrow from your 401k

A 401k plan is a qualified plan established by employers to which eligible employees may make salary deferral contributions. 401k retirement plans are very popular in the United States of America. The first version of …

Tips for Structuring your Retirement Portfolio

Anticipated withdraw rates, equities, age and life-expectancy combined can all be tips for structuring your retirement portfolio. One of the biggest problems today is people are living longer, and that means that their retirement funds …

2011 Roth Ira Income Limit

What are the 2011 Roth IRA Income Limits?  A Roth IRA is a type of individual retirement arrangement (IRA). A taxpayer’s contributions to a Roth IRA are not tax deductable. However, income accrues tax free …

Retirement Planning 101

Everyone, irrespective of the amount of money they make should set aside a fixed amount of money on a monthly basis towards their retirement. There is no substitute for saving a fixed amount every month …

How much can you Contribute to an Ira in 2011

How much can you contribute to an IRA in 2011 An Individual Retirement Account (IRA) is a tax-friendly retirement savings plan. In a standard IRA, contributions are tax-deductible, but tax must be paid on all …

Retirement Planning Mistakes to Avoid

A lot of people believe they have all the time in the world to plan for retirement, and this is undoubtedly the first and most important retirement planning mistake. Putting off thinking about, discussing, and …

Benefits of Borrowing from your 401k

If you ask any financial advisor if it is a good idea to borrow from your 401k, you will likely be hit with a flat-out “no”, followed by a whole slew of reasons why you …

How to Plan Early for a Secure Retirement

It may seems as thought it’s too early to begin thinking about retirement, especially if you’ve just finished school, got married recently you’re a new parent. It’s easy to assume that retirement is for old …

Myths Surrounding Retirement Planning

As the daily routine of our working years grinds to a screeching halt—a halt called retirement—many people today find out the hard way that they’ve fallen for common retirement myths and failed to build up …

Employerpensionreliable – No

Are Employer Pensions Reliable? A long time ago this may have been true. But nowadays, with some businesses going bankrupt or out of business, the retirement pension funds are some times used to pay debts …

How to Save for Retirement when you are Short on Cash

Saving for retirement requires discipline. Saving for retirement while short on cash requires even more discipline. In this economy many are either struggling to save for retirement or have dipped into their retirement savings. Despite …

Borrowing against 401k

You’ve maxed out your credit cards, are upside down on your mortgage and home-equity line, and many even have out a payday loan or two.    You can’t just print your own money, right?  Oh that’s …

Never too Late to Save for Retirement

A common retirement problem with folks in there late 30’s or early 40’s, is when they realize that what they thought of as a retirement account is now viewed as a college savings for their …

Disadvantages of Borrowing from your 401k

There are a number of different places where loans are available but some are better than other. The 401k offers you a way of borrowing against your retirement funds in the form of a loan while …