Many people like to avoid the subject of life insurance. Issues like personal mortality and confusion over what to buy along with high pressure sales pitches from hungry agents turn off potential buyers. It is estimated that millions of workers don’t have enough insurance to protect their families, while millions of others have none at all. Families with children are […]
Month: November 2006
Roth IRAs are opened up to everyone
Upper income retirement savers are about to get in on tax-free Roth IRAs beginning in 2010, due to a recently enacted tax law change. Roth IRAs promise completely tax-free withdrawals of principal and earnings in retirement, unlike traditional IRAs, whose withdrawals are taxed as ordinary income. When Roths were established, upper-income married taxpayers with incomes over $160,000 were prohibited from […]
