Roth IRA 5 Year Rule on Withdrawals

Roth IRA’s have become enormously popular in recent years especially with the conversion of traditional IRA’s to Roth’s.

Now that it seems as if nearly everyone has a Roth, let’s take a look at the rule’s withdrawals.  Sooner or later, we’ll all be doing it.

Before we get started, I recommend that you get advice from your CPA or tax advisor before taking any withdrawals from your Roth IRA. The rules on this are fairly complex and your individual circumstances will have a material affect on the outcome.

General rules on Roth IRA withdrawals

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Gold Delta SkyMiles Credit Card from American Express Review – 30K Bonus Miles and a Statement Credit

Do you travel Delta airlines? Want a better experience at the airport?  Maybe even a better experience on the plane?

How would you like to earn free flights for using your credit card?

You can have all this and more with the Gold Delta Skymiles® Credit Card from American Express.

Keep reading our review below and I’ll tell you why the Gold Delta Skymiles card may be a great card for you!

Earning and Using Airline Miles

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Payoff Mortgage Faster – How Do I Do It? – Four Ways

Housing Money

Who wouldn’t want to pay off their mortgage faster?

The big question is “how do I do it?”

Whether to pay off your mortgage faster, is an important personal financial decision.

But before one can answer “how do I do it,” you must first ask the questions of “can I do it” and “why should I do it.”

The can-I part reveals if one has the financial ability to put more money aside for bigger and quicker payments.  The why-should-I part involves whether to use the additional money available, alternatively, for investing or consumption purposes since funds borrowed under mortgage probably have a lower interest rate than say credit card debt.

Paying off a mortgage faster also has tax implications on mortgage interest deduction.

If one has the financial means; is willing to forgo any investment opportunity; is prepared to postpone any would-be nice consumption; and has weighed on any tax savings, there are ways that one can consider to pay off a mortgage faster.
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Discover® More Credit Card Review – 14 Months of 0% APR on Balance Transfers and Purchases

Discover More Card Balance Transfer

Are you looking for a new credit card to transfer a balance to?

How about one with 0% APR for new purchases?  Maybe a credit card that offers cashback rewards?

The Discover® More Card offers all of that and is worth looking into.

Let’s take a closer look at the features of the Discover More Card:
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7 Reasons Why You Shouldn’t Refinance Your Mortgage

Since mortgage rates are at all-time lows, refinancing should be a no-brainer for just about everyone—or so you would think.

But not everyone has refinanced or even will.

Are there times or situations where refinancing isn’t worth doing, even to get lower rates?   There are at least a few, and here are some of them.

7 Reasons You Shouldn’t Refinance Your Mortgage

1. When you have credit problems

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Renters Insurance Quotes – What You Need to Look For

Renter’s insurance may be the most underestimated of all insurance policies.

Many tenants assume that they don’t need renter’s insurance because any hazards will be covered by their landlord’s insurance—after all, they’re the ones who own the property, right?

Nope.

The landlord’s insurance will cover only what the landlord owns, and that will be limited to the land and the physical structures on it.  Anything inside the building that you own will be excluded by the landlord’s insurance company.

For that reason, you need to have renter’s insurance.

What You Need to Know Before You Get Renters Insurance Quotes

What do renter’s insurance plans usually cover?

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What Are We Laboring For Anyway?

You work hard at your job, don’t you?  We all do.

But what exactly are you working towards?  What are we laboring for anyway?

Money.  Probably benefits.  Not really much else.

Sure, there are some folks out there that truly love their jobs.  That is awesome.  But I’m afraid that isn’t the case for a vast majority of the working class.

You hear the cliche’s all the time.  “The 9-5 grind” comes to mind.  Who wants to go somewhere and be ground all day?!?

Fill in the blank with your own cliche _________________. Continue Reading