Required Minimum Distributions

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If you read USA Today, you might have read an article a while ago about Required Minimum Distributions ("Don't let IRS gobble your IRA with tax penalties," December 26, 2013). These are withdrawals from IRA accounts required by the tax code once a person reaches the age of 70-1/2, and every year ...

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The Case For Benign Neglect

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Carl Richards, who writes a blog for the New York Times, had an interesting entry last year that I thought bears repeating. Titled "What You Don't Know About Your Portfolio May Help You," Mr. Richards expands on Warren Buffet's statement that "benign neglect, bordering on sloth, remains the hallmark of our investment ...

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Roth IRA vs. Roth 401(k)

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If you're lucky enough to have access to a Roth 401(k) through your employer, you probably know that there are a couple of differences, to your advantage, that the Roth 401(k) has over an individual Roth IRA. First, the contribution limits are significantly larger -- in 2014, you can contribute up to $17, ...

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Do You Have A Super-IRA?

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Well, it's not called an IRA, but an HSA -- a Health Savings Account. Why do I call it a "Super-IRA"? Because like a regular IRA, you get a tax deduction when you deposit money in the account. Like a Roth IRA, when you withdraw your money from the account, it is not ...

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