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January 30, 2010
A lot of interest has been generated about the ROTH IRA conversion opportunity available for all IRA account holders starting in 2010. As with most financial opportunities, there are several benefits to the conversion, as well as some potential pitfalls. It is important to remember that every situation is unique, and you should consult a … Read More: 2010 ROTH IRA Conversion – Caution is the Key December 3, 2009
Starting in 2010, individuals with a modified adjusted gross income of more than $100,000 are now eligible to convert a traditional IRA to a Roth IRA. The IRS is offering taxpayers a three-year window in 2010 to pay taxes due on a conversion as part of removing the income limits. Traditional IRAs allow investors … Read More: New Roth IRA Rules Expand Savings Options August 18, 2009
The number of reverse mortgages backed by the government jumped nearly 20 percent in March and April alone from the same period in 2008. At a time when seniors have seen their retirement assets depleted by market losses, tapping home equity has been a safety net. But it can be a risky one. If … Read More: What You Should Know about Reverse Mortgages |
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