All About Roth IRAs
With a Roth IRA, you use after-tax dollars to make your contribution and when you withdraw the funds in retirement you will not owe income tax.
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With a Roth IRA, you use after-tax dollars to make your contribution and when you withdraw the funds in retirement you will not owe income tax.
A Spousal IRA is used for an unemployed or underemployed spouse with little or no income.
Many businesses like restaurants, retailers, landscapers and moving companies will have to transition staffers, many of whom are low-level managers, to hourly pay and limit the number of hours these employees work.
A Rollover IRA allows you to receive distributions from qualified retirement plans such as your 401(k), 403(b), 457.
IRAs were introduced in 1974 and were designed to help individuals not covered by retirement plans at work and to give individuals changing jobs the ability to rollover retirement assets and retain the tax deferred status.
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If you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
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