Do You Have an IRA at Vanguard? Beware!

Were you one of the 170,000 Vanguard investors who received a letter in July of 2007 explaining that its

“Change in beneficiary policy will help you simplify your planning?”

If you received the letter, did you understand the consequences? If you are like most people, you didn’t.

Ignore Vanguard’s Letter at Your Peril

When Forbes showed Vanguard’s letter to IRA experts, they were outraged. What did the experts have to say? Read more

Comparison of Traditional IRAs and Roth IRAs

Another Women and Money conference question that is often asked is “What is the difference between a Traditional and ROTH IRA?” Lots.

A few of the more important considerations to keep in mind when choosing the right vehicle for your IRA contributions include:

• Tax Treatment (both at time of contribution and distribution)
• Income Limitations
• Age Limitations
• Required Minimum Distributions
• Early Withdrawal Penalties
• Contributions after 70 1/2
• Beneficiary Tax Consequences

IRA Comparison Chart

This handy comparison chart should help you answer questions you didn’t think to ask and help end some of the confusion.  Read more