Country Club

Steve and Jessica (Blog)



Steve Waters
It's hard to believe I'm back where it all started! I grew up in Northern Virginia and began my broadcast career at WFLS more than 14 years ago. swaters@wfls.com


Jessica Cash
Yes, I really am a farmer’s daughter.  I grew up on a dairy farm in Paynesville, Minnesota.  I have had an opportunity to live and explore some great cities, thanks to radio.  jcash@wfls.com

http://mifimaging.com/services/mammography.html
 

Financial Friday's Series; How About an IRA?

by Deirdre Blake posted Apr 12 2013 11:25AM
In this week's Financial Friday's series, Paul Scott with Scott Insurance in Fredericksburg says if you want to save for retirement, a Roth IRA is a good option. It requires a mere $50 a month and you have to get the money from a paying job. For 2013, the limit to put in is $5500. 
The interest earned on the investment is not taxable if you wait until you are 59 and 1/2 to withdraw it and have had it for five years or more. If you need money sooner, there are also exceptions like; the down payment on a first-time home, college expenses of immediate family members, some major emergency medical issues and others. The amount you can withdraw is usually limited to what you have contributed, since it was already taxed before it hit your paycheck. 
Eight in ten people surveyed by Financial Advisor online say financial advice helps and saving for retirement is on their goal list. 
Next in our series, on April 19th, learn more on why considering a 401K might be the right option for you. For more financial advice, visit http://paulscottinsurance.com.
 
Filed Under :
Topics : Business_Finance
People : Paul Scott
05/28/2013 6:06AM
Financial Friday's Series; How About an IRA?
Please Enter Your Comments Below
Title :
Comment :
Keyword

Shared Calendar

 
 
Recent Posts
Archives