Free-Reprint Article Written by: Daniel Lamaute See Terms of Reprint Below.
***************************************************************** * * This email is being delivered directly to members of the group: * * [email protected] * ***************************************************************** We have moved our TERMS OF REPRINT to the end of the article. Be certain to read our TERMS OF REPRINT and honor our TERMS OF REPRINT when you use this article. Thank you. This article has been distributed by: http://Article-Distribution.com Helpful Link: The Digital Millennium Copyright Act - Overview http://www.gseis.ucla.edu/iclp/dmca1.htm --------------------------------------------------------------------- Article Title: ============== Tax Free Retirement Income with the Roth IRA and Roth 401(k) Article Description: ==================== Under this year's new tax rules it's possible to have a Roth 401(k) in addition to a Roth IRA for Tax Free Retirement Income. Additional Article Information: =============================== 435 Words; formatted to 65 Characters per Line Distribution Date and Time: 2006-09-25 15:00:00 Written By: Daniel Lamaute Copyright: 2006 Contact Email: mailto:[EMAIL PROTECTED] For more free-reprint articles by Daniel Lamaute, please visit: http://thePhantomWriters.com/free_content/d/index.shtml#Daniel_Lamaute ============================================= Special Notice For Publishers and Webmasters: ============================================= If you use this article on your website or in your ezine, We Want To Know About It. Use the following URL to let us know where you have used this article, and we will include a link to your website on thePhantomWriters.com: http://thephantomwriters.com/notify.php?id=3609&p=load HTML Copy-and-Paste and TEXT Copy-and-Paste Versions Of Article Are Available at: http://thePhantomWriters.com/free_content/db/l/free-retirements.shtml#get_code --------------------------------------------------------------------- Tax Free Retirement Income with the Roth IRA and Roth 401(k) Copyright © 2006 Daniel Lamaute Lamaute Capital www.InvestSafe.com Under this year's new tax rules it's possible to have a Roth 401(k) in addition to a Roth IRA for Tax Free Retirement Income. Unique to the Roth retirement accounts - Roth 401(k) and Roth IRA - participants save part of their salary on an after-tax basis and their money in the Roth accounts can grow and remain tax-free. That's right; the principal and accumulated earnings of a Roth account can be withdrawn tax-free, provided that certain qualifications are met. In contrast, contributions to a traditional IRA, 401(k), etc, are on a pre-tax basis but withdrawals of every dollar in the traditional accounts are taxed as ordinary income. Most employees will have to wait awhile to participate in a Roth 401(k) because employers have been slow to make the necessary amendments so that their 401(k) can accept Roth contributions, according to a Hewitt Associates survey. But the self-employed, independent contractors and other business owners with no employees can get a Roth 401(k) as a feature in their Self-Employed 401(k) right away. A Roth 401(k) is like the luxury version of the Roth IRA. For example, in 2006, the Roth 401(k) salary deferral limit is $15,000 vs. $4,000 for the Roth IRA, and the "catch up" for those 50 and older is $5,000 vs. $1,000 for the Roth IRA. Loans can be taken from a Roth 401(k) account, but not from a Roth IRA. And, unlike the Roth IRA high income earners are not restricted from having a Roth 401(k). 401(k) contributions can be split between the pre-tax account and the Roth after-tax account. However, the aggregate contributions must not exceed the elective deferral limit. Profit sharing or employer contributions must be made on a pre-tax basis. The Roth 401(k) feature would probably appeal most to: * Individuals who think that their tax rate may be higher when they are ready to retire. * Long term investors that have the potential to accumulate considerable compounded earnings in their account over time and never want to pay tax on those gains. * Those concerned with passing some their retirement funds tax-free to their beneficiaries. * High income earners who do not qualify for the Roth IRA. The Roth feature of the Self-Employed 401(k) is valuable tool which allows the small business owner to tailor his investment strategy. The Self-Employed 401(k) can be started by any business that employs only owners, or owners and their spouses, including C corp, S corp, partnerships, and even sole proprietors working from home. Given the complexities of tax rules before reaching a conclusion one should contact his tax advisor regarding his specific legal, investment or tax situation. --------------------------------------------------------------------- One can visit www.investsafe.com to request a free information kit on the Self-Employed 401(k) with the Roth and loan features. --- END ARTICLE --- Get HTML or TEXT Copy-and-Paste Versions Of This Article at: http://thePhantomWriters.com/free_content/db/l/free-retirements.shtml#get_code ..................................... TERMS OF REPRINT - Publication Rules (Last Updated: May 11, 2006) Our TERMS OF REPRINT are fully enforcable under the terms of: The Digital Millennium Copyright Act http://thomas.loc.gov/cgi-bin/query/z?c105:H.R.2281.ENR: ..................................... *** Digital Reprint Rights *** * If you publish this article in a website/forum/blog, You Must Set All URL's or Mailto Addresses in the body of the article AND in the Author's Resource Box as Hyperlinks (clickable links). * Links must remain in the form that we published them. Clean links should point to the Author's links without redirects having been inserted into the copy. * You are not allowed to Change or Delete any Words or Links in the Article or Resource Box. Paragraph breaks must be retained with articles. You can change where the paragraph breaks fall, but you cannot eliminate all paragraph breaks as some have chosen to do. * Email Distribution of this article Must be done through Opt-in Email Only. No Unsolicited Commercial Email. * You Are Allowed to format the layout of the article for proper display of the article in your website or in your ezine, so long as you can maintain the author's interests within the article. * You may not use sentences from this article as an input for any software that steals sentences from others in order to build an article with software. The copyright on this article applies to the "WHOLE" article. *** Author Notification *** We ask that you notify the author of publication of his or her work. Daniel Lamaute can be reached at: [EMAIL PROTECTED] *** Print Publication Reprint Rights *** If you desire to publish this article in a PRINT publication, you must contact the author directly for Print Permission at: mailto:[EMAIL PROTECTED] ..................................... If you need help converting this text article for proper hyperlinked placement in your webpage, please use this free tool: http://thephantomwriters.com/link-builder.pl ===================================================================== ABOUT THIS ARTICLE SUBMISSION http://thePhantomWriters.com is a paid article distribution service. thePhantomWriters.com and Article-Distribution.com are owned and operated by Bill Platt of Stillwater, Oklahoma USA. The content of this article is solely the property and opinion of its author, Daniel Lamaute www.InvestSafe.com --------------------------------------------------------------------- XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX --------------------------------------------------------------------- *-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-* To have your article appear in this distribution list, you must absolutely be a client of thePhantomWriters. We offer a paid article distribution service, and this is one of the more than 60 groups where we submit our client articles. To learn more about our program, visit: http://thePhantomWriters.com/x.pl/tpw/index.htm Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/thePhantomWriters/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/thePhantomWriters/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
