"The pro for rolling it over into an IRA is diversification," Dimitriou says. "In an IRA, you can invest in individual stocks, bonds, and any mutual fund you want to." Savvy investors who already know they prefer low-cost index funds over …
Congress has done plenty of dumb things through the years. And that's true regardless of which party was in control. But one of the smartest things passed by legislators was the Individual Retirement Account (IRA). These accounts allow …
The reality is that not only should you contribute to your IRA now, whether for the 2003 or 2004 tax year or both, but you should recalibrate its mix of investments. Some segments of the stock market have been booming, and your current …
I’m sure there are three people in America who figured the stock market just right last year and are swimming in money like Donald’s Uncle Scrooge. I am not among them. And neither are millions of others who didn’t duck out. The value of …
If you have company stock sitting in your 401(k) account, you'll have to tackle more complicated choices when leaving your job than the folks who are only ushering plain old vanilla mutual funds out of the building. For most people, the very best …
I’ve watched my IRA investments take a major hit over the last few weeks. In trying to plan for the long run, is now a good time to roll over what’s left of my IRA into my Roth IRA? Am I taxed for the current value of my IRA? Assuming a Roth …
DEAR HARRY: I turned 70 in October. That means that I have to take my first IRA distribution before April 15. I plan to take it this year. My IRA is about 90 percent in a mutual fund that has been good to me. So far this year, it has gone …
Individual retirement accounts (IRAs) are, without question, one of the best vehicles available to investors to grow their retirement portfolios. And they're an ideal place to hold stocks that pay high dividends. Why? You have to pay taxes on …