News and Notes Archive July 2010

Can I put money into a Roth IRA?

Roth IRAs are getting to be more and more popular, and for good reason.  We have no certain knowledge about future tax rates, but it seems quite likely that they've no place to go but up.  With a Roth IRA, you pay taxes now on the money that goes in, and in the future, that money -- and whatever it's grown to -- comes out tax free.

But wait, there's more!  Unlike traditional IRAs or other pre-tax employer-based retirement plans, there are no Required Minimum Distributions from a Roth IRA.  Once…

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