A Few Dollars More

Financial Advice From Bill Schmick

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Entries Tagged as 'Retirement'

Resist the “Buts,” Contribute to Your IRA in 2008

July 31st, 2008 · No Comments

Although the deadline, April 15, is still a good three months away, it might be time to think about contributing to your traditional IRA. That’s the individual savings plan that allows each of us to contribute up to $5,000 this year tax free ($6,000 if you’re over fifty) toward our retirement. We’re urged to contribute [...]

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Tags: Retirement

Generation X and the Roth IRA—A Perfect Match

July 31st, 2008 · No Comments

It’s not often that earning less is an advantage in the working world but one of the savviest things a young person can do right now is invest in a Roth IRA. You can contribute up to $5,000 a year in after- tax earned income, twice that if you’re married. If you’re 25 now and [...]

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Tags: Retirement