Month: July 2018

Name: Barnes Capital Group Tallahassee, FL
Price range: $$

A Few Words on Feathering Your (Retirement) Nest

Written by admin on July 17, 2018. Posted in 401k, Retirement Planning, Saving for Retirment.

If you are in your twenties, you may think it’s too early to start planning for your retirement. Be assured, it’s never too early. Following are a few tips to consider in planning to feather your nest and nurture your nest egg. 1) Calculate your monthly expenditures and your income. This should include...

A Closer Look at IRAs—Roth vs. Traditional

Written by admin on July 2, 2018. Posted in 401k, Retirement Planning, Saving for Retirment.

Roth IRA Traditional IRA 10% penalty for withdrawals prior to age 59½ Yes** Yes** Tax-deductible contributions No Yes*** Tax-deferred accumulation Yes Yes Tax-free distribution Yes No Mandatory minimum withdrawals requiredto start at age 70½ No Yes *Withdrawals after age 59½ may...

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