You are here: Home Finances IRAs Should I Open A ... Summary
Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

Should I Open A Roth Or A Traditional IRA?

Summary

Next »

1/5

Some of the factors to consider when deciding whether to open a Roth or a Traditional IRA are the following, each of which are discussed in other sections of this article:

Before moving forward, it's important to have an understanding of the various types of IRAs, eligibility requirements and the rules about contributions, the rules for administering your IRAs and for withdrawing or distributing funds.

NOTE: While there are low limits on the amount you can contribute to a Roth IRA (such as $5,000 and $6,000), individuals with more than $100,000 in annual income and couples with more than $176,000 in annual income can roll over their money from traditional IRAs into Roth accounts.

To Learn More

More Information

IRAs

Please share how this information is useful to you. 0 Comments

 

Post a Comment Have something to add to this topic? Contact Us.

Characters remaining:

  • Allowed markup: <a> <i> <b> <em> <u> <s> <strong> <code> <pre> <p>
    All other tags will be stripped.