Roth IRA

FILE - In this July 21, 2016, file photo, entrepreneur Peter Thiel speaks during the final day of the Republican National Convention in Cleveland. ProPublica recently uncovered that billionaire and PayPal co-founder Peter Thiel holds his PayPal shares in a Roth IRA, which could allow him to avoid taxes on the … [Read more...] about You too can reap the tax advantages of a Roth IRA | News, Sports, Jobs

The Blessed Sacrament Knights of Columbus met for its monthly meeting July 27 in the Parish Hall at the Knights of Columbus room. Grand Knight Clay Pfeifer called the meeting to order.It was reported the council will participate in the Honor Guard during the State Fair and wear the 3rd Degree shirts on Sept. 2. State Fair bingo was also discussed and workers will be asked to … [Read more...] about Blessed Sacrament Knights of Columbus | Lifestyles

Each year I receive a number of phone calls from clients who have been named as the beneficiary of a deceased loved one’s Roth IRA. A Roth IRA is a special type of IRA for retirement savings. Some benefits of a Roth IRA are that after 59 1/2 years of age, there are no withdrawal requirements and withdrawals are tax free, including the earnings on the Roth IRA asset.Various … [Read more...] about James Contini column on Roth IRAs.

Back in 1999, Peter Thiel was a Stanford graduate and entrepreneur who ran a small hedge fund with a relatively small stake in what would become the leader in online payments. As chairman and CEO of this fledgling startup, he made an annual salary of $73,263, well under the $110,000 maximum earnings allowable to contribute to one of the recently created Roth IRAs, which had a … [Read more...] about How valuable is a Roth IRA? Ask Peter Thiel – Lowell Sun

If you’re in the early stages of your career, you’re probably not thinking much about retirement. Nonetheless, it’s never too soon to start preparing for it, as time may be your most valuable asset. So, you may want to consider retirement savings vehicles, one of which is an IRA. Depending on your income, you might have the choice between a traditional IRA and a Roth IRA. Which … [Read more...] about Is Roth IRA better for young workers? | Columns