Roth Individual Retirement Accounts (IRAs)

An Individual Retirement Account (IRA) is a convenient way for all working people to save for their retirement.  You pay taxes on the money you contribute to your Roth IRA, but the money you save grows tax-free, and you do …

Traditional Individual Retirement Accounts (IRAs)

An Individual Retirement Account or IRA provides a convenient way for all working people to save for their retirement. A traditional IRA is a tax-deferred retirement savings account; you pay taxes on the money in your account only when you …

Spousal IRAs

What is it? A spousal IRA is a type of individual retirement account that allows a working spouse to contribute to a nonworking spouse’s retirement savings. A Spousal IRA creates an exception to the provision that an individual must have …

Retirement Planning Calculators

Preparing for retirement is not just about saving money, it’s also about knowing how much you will need in retirement and creating a plan that will help you get there. In fact, the Employee Benefit Research Institute found that workers …

Employer Retirement Plans: Two Basic Types

There are two basic types of retirement plans typically offered by employers – defined benefit plans and defined contribution plans. Defined Benefit Plans In a defined benefit plan, the employer establishes and maintains a pension that provides a benefit to …

U.S. Savings Bonds

Savings bonds are securities issued by the U.S. Treasury Department. They provide funding dollars for the U.S. government, and in return for using your money, the government pays you interest. Here are some key features of savings bonds: Savings bonds …

I -Bonds

Savings Bonds are often considered a safe and trustworthy investment because the U.S. government backs them. There are different types of savings bonds, the most recent and one of the most popular types being the I Bond.  A key feature …