Question

 Do Roth IRAs work?

Answer On One Hand: Effective for young peopleRoth IRAs are most effective when started early. This is the case for two main reasons: Compounding interest over the years really adds up in savings, and the... Read More »
http://www.answerbag.com/q_view/1867892

Top Q&A For: Do Roth IRAs work

How to Roll Over Traditional IRAs to Roth IRAs & Change Brokers?

Traditional individual retirement accounts are tax-deferred savings vehicles helping investors save money to supplement retirement income. The money put into traditional IRAs is pretax money and ad... Read More »
http://www.ehow.com/how_7352385_roll-roth-iras-change-brokers.html

What year did the government allow regular IRAs to roll over to Roth IRAs?

Roth IRAs were formally legislated as a result of the Taxpayer Relief Act of 1997. This legislation permitted new Roth IRAs to be created for tax year 1998 as well as the "conversion" of traditiona... Read More »
http://www.answerbag.com/q_view/2092066

What year did Westart start to allow regular IRAs to roll over to Roth IRAs?

The year traditional IRAs were first allowed to covert into Roth IRAs was 1998. This was established by the Tax Payer Act of 1997 that became effective on January 1, 1998.Source:Congressional Budge... Read More »
http://www.answerbag.com/q_view/2128716

How Much Can I Contribute to SEP Traditional IRAs and Roth IRAs?

SEP plans, traditional IRAs and Roth IRAs have changed dramatically over the years. Maximum contribution amounts to each of these have changed almost annually, and are subject to future adjustments... Read More »
http://www.ehow.com/how_6825302_much-traditional-iras-roth-iras_.html


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