Letters to the Editor
- The Roth Bandwagon. Korn, Donald Jay // Financial Planning;Nov2002, Vol. 32 Issue 11, p47
Discusses the benefits of converting a traditional individual retirement account (IRA) into a Roth IRA. Differences in the taxation of withdrawals; Best candidates for a Roth IRA conversion; Reasons for financial planners to suggest Roth IRA conversions before year 2002 ends.
- NEW MINIMUM DISTRIBUTION RULES FOR IRAS. Angel, Jack; Rachleff, Mark // CPA Journal;Oct2002, Vol. 72 Issue 10, p72
Discusses the rules covering required minimum distributions (RMD) for individual retirement accounts. Benefits from the rules; RMD calculation during lifetime and upon death; Relief provisions and effective date.
- Taking Another Look at Roth IRAs. Rizkallah, Lena // Trusts & Estates;Aug2011, Vol. 150 Issue 8, p51
The article discusses the processes in converting traditional individual retirement account (IRA) into a Roth IRA that leads to potential tax-free distributions in retirement. With a Roth IRA conversion, the holder must pay taxes on the pre-tax amount being converted. In situations where a...
- Caring for IRA. Buescher, Patricia // Oregon Business Magazine;Jun2004, Vol. 27 Issue 6, p40
Recommends ways on how to manage Individual Retirement Accounts (IRA) in the United States. Importance of updating of beneficiary forms; Usage of addendum in preprinted beneficiary resignation forms; Need for retirees to know whether the state provides IRA shield from claims; Verification of...
- DOWN WITH THE I.R.A. Kuttner, Bob // New Republic;5/7/84, Vol. 190 Issue 19, p11
Focuses on the calls to abolish the individual retirement accounts (IRA) in the U.S. Decrease of the American savings rate; Government's paying out of more money through the tax subsidy than the additional private savings that the subsidy induces; Qualification for the tax break by shifting the...
- Right time for a Roth IRA. Chase, Aaron // Fort Worth Business Press;2/16/2009, Vol. 21 Issue 6, p19
The article discusses the advantages of converting Traditional individual retirement accounts (IRAs) to a Roth IRA. One of the difference between the two is that the contributions to a Traditional IRA may be tax deductible, while with Roth IRA, contributions are never deductible. It states that...
- Answers to your IRA questions. Feldman, Judy // Money;Jun2000, Vol. 29 Issue 6, p180
Offers answers to several questions regarding Roth Individual Retirement Accounts. The amount one needs to earn in order to contribute to a Roth; Why those aged 70 1/2 and older cannot fund a Roth with money from an Individual Retirement Account; Information on children contributing to a Roth.
- How to handle an inherited IRA. // Consumer Reports Money Adviser;Mar2010, Vol. 7 Issue 3, p6
The article discusses the rules governing the transfers of individual retirement accounts (IRAs), traditional or Roth. It states that inheriting an IRA whether traditional or Roth can provide not only cash returns but also opportunities of continuing maximum earnings of such accounts. Also...
- IRAs: The perfect tools for financial independence. Durand, Augusto // Caribbean Business;4/6/2006, Vol. 34 Issue 13, p38
The article discusses the role of individual retirement accounts (IRA) as one of the best investment instruments for individuals to set aside funds for their retirement in Puerto Rico. They are practical tools for achieving financial independence that allow individuals to pay their way through...