Let’s start this week with Andy Hough’s My Retirement Blog. Andy wrote why you should Take Advantage of a Stretch IRA, along with excellent examples of the kind of withdrawals required at various ages. The difference between taking the money and running and taking the deposits over the years can be huge. As long as the tax code still permits, consider the stretch if you are fortunate enough to inherit an IRA account.
Still on the IRA topic, at 20 Something Finance, G.E. Miller wrote Roth vs. Traditional Retirement Accounts: Why Roths are Not Always the Clear Winner. You see, there’s a bit of forecasting required, what bracket are you in now, and what might it be in the future? Those who retire with all their money in a Roth IRA have left money on the table, or worse, in Uncle Sam’s pocket.
Barb Friedberg asked (and answered) What Happens When Fed Exits From Stimulus? Yes, that’s the million dollar question. No, I’m not going to give you the punchline, just tell you that Barb offers a great discussion on the topic, tell her I sent you.
The discussion surround Apple and its offshore cash hoard seems to be fading in the news. One last article on the topic from Robert D Flach, the Wandering Tax Pro. Robert says Don’t Blame Apple, and agrees that they are simply following good business practice. If you have a congressman who is your friend, neighbor, or just in your pocket, why not tell them to suggest that the fault isn’t with Apple, but with our tax code, It’s congress’ job to fix this.
Andy Hough also guest posted at Tight Fisted Miser. He was still stretching, but this time he wrote How to Stretch your 5% cash back. A clever strategy to get 5% on more than just the select categories your card offers that quarter.
We’ll close this week’s roundup with William Cowie’s guest post at Five Cent Nickel – What do you do with your windfalls? A great question, as I often observe how people will treat their tax refund as a windfall, yet, it’s money out of their check every pay period. Check out Will’s thoughts on windfalls.
I’ve been tinkering a bit with a PB blogger feed. A page of the last couple posts that bloggers I follow have written. So far My Favorite PF Bloggers is how I follow the PF bloggers I like best.
Thanks for linking to my posts. Tight Fisted Miser is actually my main blog. I also have My Retirement Blog but it has been somewhat neglected for a while.
Thanks for the comment Andy, I didn’t realize they were both yours. Two great articles this week.