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...

I messed up and created a Roth Ira in April of this year. I found out that you have to have wages not retirement, interest, and social security. I only have $59.40 in wages from a company paid life insurance policy....

I'm considering converting some of my IRA funds over to a Roth IRA this year. I'm 62, semi-retired and won't have significant income this year. Would it be beneficial to pay tax now at a fairly low...

I am 54 years old. I wish to cash in my roth ira. What penalties or taxes will I pay?

I purchased a roth ira in 2006. It is now worth only 85% of the original purchase price. Can I withdraw the remaining principal without penalty although I am less than 59-1/2?

Will be 60 yrs old next month. Request maximum Roth IRA contribution allowed for years 2008, 2009 & 2010.

We want to use funds in a roth ira for closing costs on a house but need to leave them in the bank until after closing per the mortgage company, can i still withdrawl funds after closing with no penalty?

How do I determine the basis for my roth after a partial distribution has been made?

If one converted a regular IRA to a ROTH IRA in 2007, the amount of the conversion is treated as ordinary income, which seems to limits the opportunity to receive a tax rebate. It seems this type of IRA conversion...

I am a 61 years old retiree receiving a pension and have no need to tap my IRA. If I wait till 70 1/2 to withdraw the Required Minimum Distribution, it will place me into a very high tax bracket. Over the next...

I opened a Roth IRA 11 years ago when I was single and my income was under the income limits. A year later and now 10 years ago, I married and have continued to contribute to the Roth account. We have filed our...

Is the full dollar amount of a traditional IRA conversion to a Roth IRA added onto to your AGI and fully taxable?

I have received a W-2 with the amount I put into an employer sponsored Simple IRA. I have entered that amount in box 12 and letter code S as asked by my turbo tax software. Later it ask the amount I have contributed...

I have a Roth IRA account. I wanted to find out if I am able to withdraw just a portion of my initial contribution early. I have only had it for 1 year. My initial contribution was $5000.00. So far, I have only...

If you have a roth ira and your are 70 years of age, are their any penalties involved when you with draw funds

I am currently 22 years old and I am a full time nursing student. I will receive my BSN by Spring 2010. At the moment, I work as a server at a restaurant. My goal this year is to save up $5,000 so that I can invest...

I've had a ROTH IRA for over 10 years and don't seem to be making money...seems like I'm losing. I will retire in five years with a good monthypension of $2,500 for the rest of my life. Should I pull...

I have had a Roth IRA Conversion Plan from Putnam since June 1998. I am a 47 year old working mother of a 7 year old and own a house. I opened this account with $5,000 and now I have less than $2000 as of September...

Is tax on amount of income that's deferred? or on income (interest, div) and capital gain/loss?

I own real estate(60% Trad. $0 Roth) Want to recoup the Roth for another investment and replace it with funds from another Traditional IRA account so that the entire real estate is 100% Traditional. Can it be...

Is the $100,000 Income limit AGI before the conversion amount is added to adjusted gross inocme?

I have several 401Ks that I would like to combine into my Roth IRA, Can I do this with out penility?

I am retired and would like to transfer my regular ira to my roth ira

I have a small Roth IRA and would like to take this out of the Janus Funds and invest into stocks of my choice. Can this be done with a Roth IRA?

I am 60 years old and my money is in a traditional IRA. I want to retire in 5 years? Should I transfer that money to a roth ira? I dont understand the difference between these 2 and if there is one benefit over...

What do I need to know before withdrawing from a Roth Ira? I am 56 and cash poor at this time. I need some dental work money and would like to take 2000 out of my Roth. Can I do this?

I am going to be rolling over my current IRA and while reseaching a place to put them, I saw the Roth IRA. To have contributions with no taxes having to be paid, there are rules but I can't find the rules....

Hello is thre a limit on the number of conversions which can be made from a traditional ira to a roth ira; i.e. is it possible to do a conversion april,asecond conversion in september and a third conversion in...