IRA Notes
I just spent a bit of time reading about IRAs. The hardest question to answer is whether or not your tax liability will be higher now or at retirement.
http://www.investopedia.com/articles/retirement/03/012203.asp
Single or Head of Household
Individual is not active
No limit
Full deduction
Individual is active
$53,000 or less
Full deduction
More than $53,000 but less than $63,000
Partial deduction
$63,000 or more
No deduction
Tax Year
Regular Contribution Limit
-
Tax [...]
Sebastian The Loggerhead
Over the past few weeks I developed the character of my sprirt animal. My mom likes to call me ‘turtle’ because I tend to do things relatively slowly, and I’ve slowly come to terms with the fact that my spirit animal would most likely be a turtle. I selected the loggerhead to be my protector [...]