It's never too late (or early) to get started on your 2014 retirement planning. There are certain building blocks that Ed Slott, America's IRA Expert, believes are the foundational keys to a successful long-term retirement plan. He goes through them in considerable detail in the IRAtv video below (click here to watch in browser), and here's a quick-hitting list of the key building blocks.
-By Ed Slott and Jared Trexler
- Contribute to an IRA now in 2014 (until April 15, 2014) for 2013 tax (and retirement) planning
- Max out your IRA contribution (remember: an extra $1,000 if you are age 50 or older)
- Speed up the cycle - contribute early
- Avoid the Roth IRA misconceptions
-By Ed Slott and Jared Trexler