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Tag: Ira Roth

Can you move money from one roth ira to another roth ira?

22 July, 2010 (20:38) | Novice | By: Frank

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

Is an up to 3% matching IRA better than an Roth IRA?

9 July, 2010 (21:20) | date | By: Frank

DCS asked: A company that I hold a contract through is offering me a 3% matching IRA. Is it better in the long run for me in invest in an a tax free Roth or is 3% match good enough. Im thinking it would be better to do 3% I dont know if its better [...]

Can I withdraw my initial contribution of $4,000 to Roth IRA and open another Roth IRA to another brokerage?

2 May, 2010 (15:20) | State Of Ri | By: Frank

Justin T asked: I contributed $4,000 for the year 2007 on my Roth IRA account at Scottrade. Can I withdraw my initial contribution of $4,000 and open another Roth IRA to another brokerage that will count as year 2007 contribution? Ultimate Betting System

Roth IRA Rules Make For Huge Tax Savings

16 March, 2010 (22:12) | retirement | By: Frank

Karen Friesen asked: The thing that holds many people back from switching from their traditional retirement account is their lack of understanding of the Roth IRA rules. Many people do not even know what the definition of a Roth IRA is, or even who was the one that came up with this brilliant investment idea [...]

Roth Vs. Traditional IRA

15 March, 2010 (09:14) | retirement | By: Frank

Max Bellamy asked: There are many schemes available to people who want to save for their retirement. Yet the ones that are the most popular are the regular or Traditional IRA savings and the relatively new Roth IRA. To understand the concepts of the Traditional IRA and the Roth IRA, you should know what an [...]

What is the difference between a Roth IRA and a Roth IRA term cd?

14 March, 2010 (07:20) | Roth IRA | By: Frank

JE asked: What is the difference between a Roth IRA and a Roth IRA term cd? Does the Roth Cd act like a regular cd but with tax free interest? When the Roth CD term is up, do I have to roll it over into another Roth Ira cd? If I end the Roth Cd [...]