Each day, One Day Closer provides the articles from across the worldwide web that help you move one day closer to a sound financial situation, a retirement you always envisioned, a safe and secure financial future for you and your family. This will be added to throughout the day with important articles.
Quote of the Day:
When is the right age to retire? When you dread going to work.
— Mary Bright
Articles of the Day:
As this Wall Street Journal article points out, target-date funds again missed the bulls-eye at the end of the year. http://on.wsj.com/yRx9Su
6 crucial steps to choosing the right financial advisor from BusinessInsider. http://read.bi/zOJXqR
As Time Magazine explains, "smart money" was down in 2011. http://ti.me/wur6ul
This article explains everything employers want to know about their retirement plans. http://bit.ly/y51L8g
The San Francisco Chronicle highlights retirement planning in a changing world. http://bit.ly/wPqPvt
Are you planning for retirement? Consider relocation. http://bit.ly/xCZkEq
This article describes 8 common credit myths that you need you let go of. http://read.bi/zTb5KK
Smart money/Coming Soon
Mailbag
Thursday's Slott Report Mailbag
Consumers: Send in Your Questions to mailbag@irahelp.com
Q:
Is a monthly retirement check considered income in order to open a Roth IRA?
A:
An IRA contribution must be based on the taxable compensation of the individual for the year of the contribution. Pension, profit sharing or IRA distributions are not considered compensation for the purpose of a contribution to an IRA. Here is a Q&A article we did on Roth IRA and IRA contributions.
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Articles That Move
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