A TRIP INTO “IRA-LAND” WITHOUT THE TRIP- UPS, PART 3

Whether Roth or not, Christine Benz covers all the IRA bases in her Morningstar article “The 5 Mistakes Can Trip up Even Seasoned Investors.” In Part 3, taken from her article, she covers: “Mistake 3: Paying Too Much Attention to Tax Management. Part of the point of...

A TRIP INTO “IRA-LAND” WITHOUT THE TRIP-UPS- PART 2

The second blog taken from a superb Morningstar piece by Christine Benz takes up another common mistake involving IRAs. That is: “Mistake #2. Rolling Over a 401(k) Plan Laden with Company Stock. Savvy investors often assume that if they leave a former employer, their...

A TRIP INTO “IRA-LAND” WITHOUT THE TRIP-UPS

Good ideas are good ideas only if they’re executed properly and when it comes to a good financial idea such as setting up an IRA, there are definite pitfalls to be avoided. In an informative piece entitled These 5 Mistakes Can Trip Up Even Seasoned Investors....

TAKE IT TO THE MAX? MAYBE YES, MAYBE NO–PART 2

Why You May Not Be Able to Max Out Your 401(k), the superbly detailed Morningstar.com story by Christine Benz, provides invaluable information on “what to do if your company’s plan fails nondiscrimination testing.” Here is the concluding part of her excellent article:...