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Archive for Monday, December 17, 2001

On the money

December 17, 2001

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With all the investment choices out there, the individual retirement account still remains one of the safest ways to save for the future. A number of Web sites can help sort out the differences between different types of IRA accounts and the tax rules that apply. Here are a few worth visiting:

Bankrate.com at www.bankrate.com/brm/itax/news/20010221a.asp. It provides a good primer on IRA choices.

Banksite.com at www.banksite.com/investments/iratest.htm. The site offers an online survey to see whether an IRA is right for you at this time.

Internal Revenue Service at www.irs.gov/prod/taxedu/faq/faq17.html. The IRS provides detailed question-and-answer information on IRA accounts.

The Investment FAQ at invest-faq.com/articles/ret-plan-trad-ira.html. The site covers the basics and tax information behind the traditional IRA.

The Motley Fool at www.fool.com/money/allaboutiras/allaboutiras.htm. It contains information on 11 types of IRAs, including the Roth IRA and education IRAs.

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