I switched to a job in 2012 which didn't offer a retirement plan in October, 2012. Prior to this job, I was covered with an IRA account from my previous employer. I will be filing the returns with my ...
On a recent edition of Jim Cramer's Mad Money, he urgently (does he do things otherwise?) recommended that you ONLY contribute up to the employer's match in your 401(k) and put the rest of what you ...
Can I deduct a contribution to a traditional IRA if I am also contributing to a 401(k) in the same tax year?
If I fall into the phase-out range for a tax deduction on a Traditional IRA can I contribute to said account up to my tax deduction limits for said accounts then contribute the rest of my $ to a Roth ...
Can I take a loss on conversion? If so, how do I do so (i.e. what U.S. tax form do I use)?
I am using the IRA Calculator from one of the main tax software. Link here After I put the information of my spouse and I, it comes out saying that there is no marginal tax saving for neither of us. ...
TurboTax is telling me to open an IRA now, and get a $5K deduction this year, is this a smart thing to do?
I'm 21 years old, and 2009's total itemized deduction for me is $1,908. I'm going with the standard deduction, but next year seems like it has a lot of potential to save if I open up this IRA that ...