You can fund Roth IRAs at virtually any age, even with the intention of passing them on to heirs. Beneficiaries inherit the potential to withdraw the funds tax-free.
Archive for 'January 2016'
The U.S. Federal Reserve’s January policy statement acknowledged global market turmoil and implied a less aggressive pace of rate hikes.
While the middle class continues to get squeezed, the saver's credit still encourages moderate-income workers to contribute to employer retirement plans.
The three months leading up to the April 15 federal tax-filing deadline are considered peak IRA season. You still can make contributions for the year just ended, as well as for the new year.
The impulse to sell during market pullbacks has often resulted in lower long-term returns.
The long and winding road to retirement may be full of potholes, but now is the time to look at when and how to retire, as well as the key retirement deadlines and rule changes for 2016.
Here are some insights on the January market turmoil—and its implications for investment managers.
Developing its own independent monetary policy means China no longer has to hitch its currency to the strong U.S. dollar. And that should be a positive, not a negative.