Learn the Basic of IRAs

Roth IRAIf I say IRA and you think of the Irish Republican Army, you need some work.

Get Rich Slowly just started a 3-part series on something that you MUST learn. I will admit that I am not the best guy to talk to when it comes to hard core finance but I do know that an IRA is something that will reduce your annual tax burden and is relatively flexible as far as investment options.

Before you are turned off by this "finance stuff", know that J.D. at Get Rich Slowly tells it like it is and he explains things in terms that even I can understand. In fact, someone on his site left this comment:

Outstanding. Should be required reading for all new savers. I wish schools made lessons like this part of the core curriculum. Well done!!
In his series, J.D. will examine the popular Roth IRA as well as its traditional counterpart. If you have any thoughts of setting money aside for retirement, reducing taxes, or even using this is a college fund, you'd be well served to catch his series.

You can begin here: What is a Roth IRA and Why Should You Care?

 
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