Ira

My wife has a new Simple IRA plan at work. We also have maximized a Roth IRA. We are each over 60 years old. What are her contribution limits with the rwo IRAs? Does contributing to one limit the contributions...

Any advantage to dividend-producing, tax-free investment in an IRA (munis), that is already sheltered from taxes until distribution, or is the advantage for a taxable investment?

I placed $2,000 in an IRA several years age. It was losing money. In 2007 I withdrew the whoe balance of $1,300. How do I report the withdrawal and Loss on my tax return.

I withdrew money from my IRA during the month of July for a new home purchase. My consultant told me that since this purchase was for a first time purchase I would not be penalized. I informed my tax consultant...