Comments for Term Life Cover Portal

Comment on What can a Roth IRA do for you? – Vanguard by blanknot

blanknot — Tue, 21 Feb 2012 14:11:30 +0000

I don't understand what is said at 3:00. If you withdraw from your Roth IRA before age 59, why would you have to pay taxes? Isn't a Roth IRA already taxed earnings?

Comment on What can a Roth IRA do for you? – Vanguard by ERAP1st

ERAP1st — Tue, 21 Feb 2012 13:13:16 +0000

@blanknot he probably meant FEES and penalties and not taxed.

Comment on What can a Roth IRA do for you? – Vanguard by stealthrs

stealthrs — Tue, 21 Feb 2012 13:00:03 +0000

@blanknot The contributions are after tax. Earnings aren't the same as contributions. The earnings are taxed if withdrawn before 59 1/2….

Comment on What can a Roth IRA do for you? – Vanguard by tauren2005

tauren2005 — Tue, 21 Feb 2012 12:17:03 +0000

I think the ROTH IRA is a bad idea. You pay taxes upfront… what if the market tanks your IRA and you lose money? You just paid taxes on a loss.

Comment on What can a Roth IRA do for you? – Vanguard by classiccafe1

classiccafe1 — Tue, 21 Feb 2012 11:43:42 +0000

@tauren2005 they said you dont pay taxes on a roth you pay taxes on a traditional ira not the roth

Comment on What can a Roth IRA do for you? – Vanguard by cml4456

cml4456 — Tue, 21 Feb 2012 10:52:22 +0000

@tauren2005 The market will ALWAYS go back up

Comment on What can a Roth IRA do for you? – Vanguard by cml4456

cml4456 — Tue, 21 Feb 2012 10:25:24 +0000

@classiccafe1 You have to pay taxes upon investing in the Roth.. When you retire and withdraw, you pay no taxes.

Comment on What can a Roth IRA do for you? – Vanguard by cml4456

cml4456 — Tue, 21 Feb 2012 10:02:39 +0000

@blanknot Think about it, you are already getting out of paying taxes on the withdraws… Why do you think the government would give you a break on taxes when you need money early?

Comment on What can a Roth IRA do for you? – Vanguard by tauren2005

tauren2005 — Tue, 21 Feb 2012 09:29:00 +0000

@cml4456 The market doesn't always go up as evidenced by the housing crash (which is still crashing by the way). And even when it supposedly goes up, it is measured in US dollars. The FED is dumping trillions of dollars into the market and it is causing inflation. If you measure the market in GOLD, you will see it is crashing.

Comment on What can a Roth IRA do for you? – Vanguard by Intronetz

Intronetz — Tue, 21 Feb 2012 09:24:40 +0000

I am 15, could I start a Roth IRA? I would love to start early.

Comment on What can a Roth IRA do for you? – Vanguard by Vanguard

Vanguard — Tue, 21 Feb 2012 08:27:20 +0000

@Intronetz Great that you're thinking about saving so early! There's no minimum age requirement for starting an IRA. If you need any help, feel free to call us at 877-662-7447.

Comment on What can a Roth IRA do for you? – Vanguard by lilxrich123

lilxrich123 — Tue, 21 Feb 2012 08:26:00 +0000

@Intronetz Dude im 27. I totally regret not starting one at your age. I you can, then DO IT!!! I started mine last month.

Comment on What can a Roth IRA do for you? – Vanguard by TumisHumis

TumisHumis — Tue, 21 Feb 2012 08:12:19 +0000

I have a question about Roth IRAs (I'm 18). If I've only made $3,200 so far this year, will I be able to max out my IRA? (I've made over $7,000 in my 2 years of work)

Comment on What can a Roth IRA do for you? – Vanguard by Vanguard

Vanguard — Tue, 21 Feb 2012 07:34:09 +0000

@TumisHumis Great question. Each year, you can contribute up to the amount of your earned income for that calendar year or $5,000 (whichever is less). You have until tax-filing day to make a previous-year contribution to your IRA, meaning you can still add 2011 contributions in early 2012.

Comment on What can a Roth IRA do for you? – Vanguard by RobloxWeeklyNews1

RobloxWeeklyNews1 — Tue, 21 Feb 2012 07:32:44 +0000

Hmmm…. I came here thinking this was somthing about the Irish Republican Army (IRA). Hmmm… Well at least I'm here to spread the word that the Irish people are being abused by the UK. Also WHITE POWER! LOL
P.S. I'm not into gangs I'm more like a political kind of guy. I follow the laws unlike the people the media want you to see who are just haters and haters alone with no morle conduct of socalism. Check out YouTube channel ANP14 to understand more about us.

Comment on What can a Roth IRA do for you? – Vanguard by RebelHQ

RebelHQ — Tue, 21 Feb 2012 07:11:30 +0000

Great explanation
I got my emergency fund and now I'm thinking about IRAs.

Comment on What can a Roth IRA do for you? – Vanguard by randomdude10010

randomdude10010 — Tue, 21 Feb 2012 06:58:26 +0000

In reference to the Roth IRA phase-out (the amount of money you can make before you cannot contribute to the account which he talked about at 4:48) once you reach or exceed it what you can do is contribute to a Traditional IRA and very quickly have the account administrator convert the funds into your Roth account. You will have to pay tax on any growth realized during the conversion period, but it is worth it to pay tax on principal rather than principal and growth.

Comments for Term Life Cover Portal

Comment on What can a Roth IRA do for you? – Vanguard by blanknot

Comment on What can a Roth IRA do for you? – Vanguard by ERAP1st

Comment on What can a Roth IRA do for you? – Vanguard by stealthrs

Comment on What can a Roth IRA do for you? – Vanguard by tauren2005

Comment on What can a Roth IRA do for you? – Vanguard by classiccafe1

Comment on What can a Roth IRA do for you? – Vanguard by cml4456

Comment on What can a Roth IRA do for you? – Vanguard by cml4456

Comment on What can a Roth IRA do for you? – Vanguard by cml4456

Comment on What can a Roth IRA do for you? – Vanguard by tauren2005

Comment on What can a Roth IRA do for you? – Vanguard by Intronetz

Comment on What can a Roth IRA do for you? – Vanguard by Vanguard

Comment on What can a Roth IRA do for you? – Vanguard by lilxrich123

Comment on What can a Roth IRA do for you? – Vanguard by TumisHumis

Comment on What can a Roth IRA do for you? – Vanguard by Vanguard

Comment on What can a Roth IRA do for you? – Vanguard by RobloxWeeklyNews1

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