Posts about IRA Contributions

A Roth IRA’s Many Benefits

Why do so many people choose them over traditional IRAs?  Provided by Marc Aarons at Money Managers, Inc  The IRA that changed the whole retirement savings perspective. Since the Roth IRA was introduced in 1998, its popularity has soared. It has become a fixture in many retirement planning strategies because it offers savers so many […]

2019 IRA Deadlines Are Approaching

Here is what you need to know.  Provided by Marc Aarons at Money Managers, Inc. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. A new federal […]

The SECURE Act

Long-established retirement account rules change.  Provided by Marc Aarons at Money Managers, Inc.  The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE […]

The Pros & Cons of Roth IRA Conversions

The Pros & Cons of Roth IRA Conversions What are the potential benefits? What are the drawbacks? Provided by Marc Aarons @ Money Managers, Inc. If you own a traditional IRA, perhaps you have thought about converting it to a Roth IRA. Going Roth makes sense for some traditional IRA owners, but not all. Why […]