The more you know about individual retirement accounts (IRAs), the more effectively you can use an IRA as a retirement investing tool. See how many of these IRA facts you know.
- Almost anyone can contribute to an IRA
- There’s still time to contribute for 2014
- You can contribute for your spouse
- Your IRA rollovers may be limited
See this month’s issue of Let’s Talk Money, these tips may give you a better retirement outlook.
• Time To Adjust Your Cost of Living?
Unless you’re planning to move to a new location, you probably don’t give much thought to how much it’s costing you to maintain your lifestyle – your personal “cost of living.” But your cost of living can change without a cross-country move. You might buy a car that’s more expensive than your last one. Or you might start spending more on clothes or electronics or dining out. If expenses and spending creep up without a corresponding increase in income, you may need to make some adjustments to get your finances back on track.
• It’s W-2 Season!
If seeing a robin means spring has sprung then the arrival of your W-2 (officially Form W-2, Wage and Tax Statement) signals that beginning of tax filling season.
• Q&A Let’s Talk Retirement
All this and more in this issue of Let’s Talk Money…