roth ira
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What to Do with $2500
If you don't have any, then invest it into a Roth IRA or traditional IRA for your daughter ... After that you can open a Roth IRA and it will grow tax free. ...
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- I totally agree with the other mamma.....pay off any debts first...any debts....then whatever is leftover...put into an IRA! yea!! congrats on the windfall!
- Sounds like you are thinking responsibly. When we have some extra unexpected money, we automatically stick it away for our daughter. We are firm believers on Pre...
- I would put it toward any debts first. If you don't have any, then invest it into a Roth IRA or traditional IRA for your daughter. Compound interest will make it int...
Stock
He suggested a roth ira for any kind of money saving. I really can't remember all the details, but I'm sure you can find lots on the internet about it. ...
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- Hi L.... I have a good friend who works for Nationwide. She's very reputable and knows a lot about investing. Let me know if you'd like me to connect you with her. Go...
- I would set up an appt. with a finacial advisor. He can help assess what your goals are and how to reach them. Some companies are Raymond James and Ass., Edwards Jon...
- I just talked to someone at Edward Jones about starting a college fund for my kids. He suggested a roth ira for any kind of money saving. I really can't remember all...
Savings for Junior
We use a 529, a savings, buy a few stocks on their birthdays (Toy R Us, Disney etc) and we do have Roth IRA. You would have to talk to someone about this, ...
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- We have our daughter's money in a CD. At our Credit Union it is called a certificate plus because you can add money to it. It has a slightly lower interest rate than...
- We have our kids' money in CD's. Just shop around for the best interest rates, and don't forget to renew them when they mature. They do make money.
- I use the MN college savings plan for my children and my nephews. It's a 529 plan through TIAA Cref. The cool thing is that MN has a matching program for MN resident...
What to Do with 401K
Once your 401K monies are rolled-over into another retirement type account, (ie: ROTH, IRA) then you can decide what investments to put it into, ...
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- I would leave it in place. In order to cash it out to put it in a CD/MMA, you would have to pay a 40% tax on early withdrawal. If you are concerned about your 401k, ch...
- Or invest some of it in "poor people". By that, I mean, don't invest in high tech, etc. Invest in Walmart, etc....since they made TONS of money this last quarter, wh...
- That is accurate. You should leave it in place. If you can put a little more in there in fact, it would be the best time to buy mutual funds.
Need Help Figuring Out Where to Put 6 Yr. Olds Money
Aug 17, 2009 ... The best vehicle is probably a Roth IRA or a money market account, but you need to speak to a licensed securities agent in your area. ...
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- talk to a financial planner. Investment firms. Some could be put in an educational plan, and some into investments or stocks that could grow and complement the educa...
- First of all, check out the Michigan College Fund - they have a matching gift from the state. It has certain requirements and you will have to see if you qualify, but...
- Hi D., My background is in Nutrition and not Finance but I would say put it in a CD in his and your name (call around for the best interest rates-the longer the term ...
Need Gift Advice
Oct 19, 2009 ... Do not know your financial situation However if you would invest a $1000 at birth for a roth ira it should be worth at least5 Mil To do this ...
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- Do they still have a baby registry with any stores, like Babies R Us or Wal-Mart? Usually those lists stay online for a long time. I would look at that list for anyth...
- My son was 1 month old and for his first Christmas someone gave him a book with his name and birth in it. You can see their choices at iseeme.com. It is one of his f...
- Have you ever heard of Discovery Toys? We have safe, non-violent toys for all ages that have a lifetime guarantee. Right now we have a great Holiday Gift Set that ha...
Good Birthday Gifts for 3 Yr Old Boys
We have opened ROTH IRA in his name, as the strong urging of our parents. We also already have a little chair with his name on it and each year's birthday ...
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- May be a basketball and a basketball court. This would give him time with his father. Also may I suggest to you, and all other young moms here, that you should ope...
- With him still being little, now is the perfect time to start him a college fund that will still pay for his college when he is ready to go. I used to live in Illinois...
- Has anyone showed you Discovery Toys? You can go online at toycubby.com and view items by age for your son. I know the Extreme Loop Track (race cars) is on sale for ...
Striking a Balance Between Saving and Spending
Oct 21, 2009 ... plan contribute to a Roth for myself and put $100.00monthchild into ... life insurance in 4 answers funds401k ROTH IRA etc and emergency ...
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- While I think that it's great that you are planning ahead and trying to be practical, I have to say that you don't seem to have any real issues here financially compar...
- Hi J.- It sounds to me like you and your husband are doing very well financially and have a great safety net in the event that something like a job loss should happ...
- It sounds like you are doing great. I know from talking to financial planners that if you have to choose between retirement versus education, you should first fund re...
Educational Savings for Your Child's Future
UESP.com for the Utah one) Dave Ramsey likes the Roth IRAs and you can get info in brochure form at a bank or especially a credit union. ...
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- I started a Upromise account for my daughters 6 years ago. What Upromise does is give you savings toward college when you buy items from participating companies. You...
- Last year I was faced with the same problem. Not sure which plan to go with, I spoke to some of the employees at my bank. I met with an investment specialist that is...
- We went with a friend of ours who is an Investment dealer. Her name is Lana K. Caldwell-Wargo and she works for PFS Investments ###-###-####. We were looking into ed...
Thoughts on the TX Tuition Promise Fund?
Have you already maxed out your Roth IRA? If not, I'd start with that. Funds in a Roth can be taken out tax-free to pay for dependent college expenses. ...
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- We did a 529 plan back when daughter was little. She can go anywhere she wants to go, in or out of state. I just depends on what your specific needs are and what...
- I don't know on this particularly. Maybe there is a good accountant out there. But invest or set up some type of savings plan now. The years fly by and anything you...
- I did not read you other responses. I will tell you that if it isn't backed by the state then I wouldn't do it. Also, One thing I have been told these last few yea...
