Tag Archive: Roth IRA

Jan 12

Retirement plan limits unchanged

Anyone who’s bought groceries, filled their gas tank or paid insurance premiums recently would probably be surprised to learn that, according to Department of Labor’s Consumer Price Index for Urban Consumers (CPI-U), the rate of inflation is relatively flat – only 1.2 percent from September 2012 to September 2013. That’s bad news for people who …

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Permanent link to this article: http://www.easttexasreview.com/retirement-plan-limits-unchanged/

Dec 13

How to undo a Roth IRA conversion

By Jason Alderman We’ve all suffered buyer’s remorse – say you buy something you really can’t afford or the item’s sudden drop in value make it seem, in retrospect, a poor investment. That’s what has happened to some people who’ve taken advantage of IRS rules that allow them to convert a regular IRA or 401(k) …

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Permanent link to this article: http://www.easttexasreview.com/how-to-undo-a-roth-ira-conversion/

Sep 14

The power of compounding

By Jason Alderman I wish I had learned about the power of compounding a long time ago. As a kid I walked dogs in the neighborhood, earning $5 a week. If I’d started investing that weekly $5 from age nine until 65, it would have grown to $254,000, assuming an 8 percent return. Unfortunately, I …

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Permanent link to this article: http://www.easttexasreview.com/the-power-of-compounding/

Feb 02

Don’t let a layoff catch you unprepared

Chances are you or someone you know have been laid off recently. Being unemployed is difficult enough, but in a cruel twist, the longer you’re out of work, the harder it can be to find a job. And, when work does finally materialize, it’s often a lower-paying position. This double whammy can damage your finances …

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Permanent link to this article: http://www.easttexasreview.com/dont-let-a-layoff-catch-you-unprepared/