Top IRA Mistakes

19 Top IRA Mistakes as of 2019

Posted 1 CommentPosted in Retirement

The US Individual Retirement Arrangement / account (IRA) is one of the world’s simplest, cheapest, most flexible, world-class tax shelters in which to save and invest for retirement. While the individual IRA contribution limits for 2019 have been raised to US$6,000 ($7,000 if you’re age 50 or older), some higher earners find these limits relatively […]

How to save $1,000,000 in an IRA by age 59 1/2 with Vanguard and DFA funds

How to save $1,000,000 in an IRA by age 59 1/2 on a few hundred per month

Posted 1 CommentPosted in Investing, Personal finance, Retirement

One of the biggest complaints I hear about US Individual Retirement Accounts (IRAs) is that the maximum contribution limits are too low and not worth the hassle.  As an illustration of how saving regularly in an IRA can be very much worth the hassle, I thought it would be worth showing how the low maximum […]

IRA Deadlines for 2018

US IRA Deadlines for 2018

Posted Leave a commentPosted in Retirement

Spring is here, Easter is this weekend, and April starts next week, which for Americans may all serve as reminders of the April 15th (April 17th in 2018) tax filing deadline for US taxes. Even if you are taking an extension to file your 2017 US tax return, remember that you may still need to […]

IRA Contribution Limits 2018

IRA Contribution Limits 2018 – SEP raised to $55,000

Posted 2 CommentsPosted in Personal finance

IRA contribution limits have remained mostly the same from 2017 to 2018, with traditional and Roth IRA contributions limited to US$5,500/year for US taxpayers under 50, and US$6,500/year for those 50 and older.  To make a Roth IRA contribution, your adjusted gross income (AGI) needs to be below US$120,000 for single taxpayers with an AGI […]