12-31-2003, 10:53 PM
| |||
| |||
 Re: What Type of IRA to Open? "Larry Bohen" <lbohen[at]audiobooksonline.com> wrote: - quote - > My wife and I are in our 60s and have the following types
I'd consider the one you didn't mention, a Roth IRA. It's> of income: > 1. pension > 2. business > 3. rental properties > I would like some advice on what type of IRA is appropriate. > I.E. Traditional IRA - Is pension income considered earned > income? > Self-employed/business - SEP-IRA, Self-Employed 401(k) or > SIMPLE IRA the only type where you don't have to take distributions starting at age 70 1/2. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#-1
12-30-2003, 07:23 AM
| |||
| |||
| What Type of IRA to Open? My wife and I are in our 60s and have the following types of income: 1. pension 2. business 3. rental properties I would like some advice on what type of IRA is appropriate. I.E. Traditional IRA - Is pension income considered earned income? Self-employed/business - SEP-IRA, Self-Employed 401(k) or SIMPLE IRA Thanks in advance -- Larry Bohen www.audiobooksonline.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| ira, open, type |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Investment Type vs Savings Type Accounts Vince: What is the significant difference between a Savings type account verse an Investment-IRA type account that involves only cash contributions? I... | Microsoft Money | 2 | 05-22-2008 01:29 PM | |
| Transaction Type Rick Parker: Does Money 2005 permit the adding of a transaction type such as INST XFER, instrument transfer, so that I don't have to type it in every time. I use... | Microsoft Money | 7 | 11-19-2006 12:33 AM | |
| type too small Perpetually Confused.: I have a Dell Inspiron laptop running XP, and my Display/Appearance/IE/Whatever settings are all on Large Fonts. But MS Money 2004 remains... | Microsoft Money | 4 | 09-18-2005 09:17 PM | |
| Investment type - changes to steviecj: anyone know how to change an investment type after you have entered the wrong type! In entering a new investment, I accidently clicked on MMF... | Microsoft Money | 2 | 06-24-2004 12:27 PM | |
| Which account type? Mish: Hiya, I have MS Money 2001 and am having trouble determining what kind of account to use to set my mortgage which is a line of credit. I've... | Microsoft Money | 2 | 06-22-2004 05:50 AM | |
| Thread Tools | |
| Display Modes | |
| |
Linear Mode
