Start Roth IRA

ctk asked: Moving money from brokerage accounts that include iras where we were paying a financial advisor, etc. to a credit union money market for a year or so while waiting to see what happens with the economy. Can our roth iras be moved to credit union roths without any problem? Baltimore, MD

gitar_fool asked: I know you have to file interest earned on investments, but does this include interest earned on a Roth IRA? Also, I’m in grad school. What is the Lifelong learning credit? Forex Formulas, Invest Now!

spaceskating_girl asked: There are several banks out thre which also offer brokerage services. some of the banks may declare bankruptcy due to the credit crisis. I have mutual funds in one of those banks. The funds are holdings of all kinds of stock so I would assume they continue to exist. Or am I wrong? [...]

What happens to your credit score when you close a credit card, and other links from around the Web.

I was browsing my local credit union’s website when I saw a banner for discounts on Sprint discount service at CUsaver.com. It advertises: 10-15% off wireless plans Waived activation and upgrade fees You can view the discounted plans and phones on the site, which appear to be available to members of any credit union. It [...]

This guest post from the redoubtable Tyler K is part of the new “reader stories” feature here at Get Rich Slowly. Some reader stories contain general “how I did X” advice, and others will be examples of how a GRS reader achieved financial success — or failure. Tyler is an active commenter at GRS, and [...]

President Obama has proposed changes to the saver’s credit as part of his policies to help the middle class. The saver’s credit would be expanded by matching 50% of the first $1,000 of contributions by families earning up to $65,000 and providing a partial credit to families earning up to $85,000. Also the tax credit [...]

This credit used to be known as the “Retirement Savings Contribution Credit.” If you qualify you can claim a credit of up to $1000 for eligible contributions to qualified IRA, 401k, and certain other retirement plans. Since this credit is not refundable it can’t be larger than the tax amount the taxpayer would have had [...]

Don’t get too excited. Equifax is offering a free “Credit Score Card“, which in reality just gives you a range of what your credit score is. And the score is from their “Equifax Risk Score” system, not a FICO score. (You can still get 30% off a real FICO score with MYPOINTS30.) The Equifax Risk [...]

Although relatively new, Monoprice.com has quickly become a very popular place to buy cheap but high quality audio/video cables and adapters online. I recommended shopping there if you’re trying to connect your laptop to your TV (and maybe drop your cable subscription?). I’ve probably bought from them five times in the last year, and I [...]