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Posts Tagged ‘ira’

What is a Spousal IRA?

This item was filled under [ Glossary ]

A spousal IRA allows contributions to be made to into an account on their spouses behalf. They were created to allow stay at home parents to put away money for retirement even if they don’t earn any income. Normally you’re allowed to contribute $5,000 or 100% of your income to your IRA. However if you’re [...]

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What are Roth IRA Conversions?

This item was filled under [ Retirement ]

The opportunity to convert an existing regular IRA to a Roth IRA may be the single biggest upside to the stock market’s extended slide. The younger you are and the more aggressive your investment strategy, the more likely it is that a conversion to a Roth IRA will make sense for you. You may already [...]

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