Some investments are appropriate during your working years, while others are more suitable for retirement. But a Roth Individual Retirement Account (IRA) can provide you with benefits at virtually every stage of your life. Let’s take a quick “journey” through some of these stages to see just how valuable a Roth IRA can be.

To begin with, you can open a Roth IRA at any age, provided you have earned income and meet certain income limits. read more »

If you’re like many people, you’re watching your dollars extra carefully this year as you do your holiday shopping. And that’s a good thing, because even in the best of times, it’s never wise to go overboard on gifts. But by making the right moves during this holiday season, you can also help ensure that you stay on track toward your long-term financial goals.

Specifically, what steps should you be taking during these weeks? Here are a few suggestions: read more »

Now that we’re in the midst of tax season, you may be anticipating a tax refund, if you haven’t already gotten one. Of course, not everyone receives a refund, but, among those who do, the amount can be sizable. In fact, in 2005, the average tax refund was about $2,125. If you’re going to get a refund, start planning now on how to use it. By making the right moves, you can help speed up your progress toward your financial goals. read more »

You’ve probably seen a lot of headlines on the Tax Relief Act of 2003. This legislation, recently signed into law by President Bush, will affect virtually everyone in the country. As an individual investor, you’ve got reasons to cheer the new tax laws. Many people will find that their taxes will decrease five percent or more under the new tax laws. read more »