Can I Have a 401(k) and an IRA?
Short answer: Yes, you can contribute to both a 401(k) and an IRA, but if your income exceeds the IRS limits, you might lose out on one of the tax…
Andrea Coombes
Andrea is a former NerdWallet authority on retirement and investing. Her stories have appeared in The Wall Street Journal, the SanFrancisco Chronicle, MarketWatch and elsewhere. She has been interviewed onTV and radio, including NPR’s “All Things Considered,” and quoted by national publications such as Fortune, Time and CNBC.
Posts by Andrea Coombes:
Can You Have a Roth IRA and a 401(k)?
Yes, you can contribute to a Roth IRA and a 401(k) at the same time. Can you have a Roth IRA and a 401(k)? You can contribute up to $19,500…
When the Market Drops, Play the Long Game With Retirement Savings
Fear is infecting the stock market on concerns that the spread of the coronavirus will interfere with global trade: Trading was halted for 15 minutes today after the stock market…
Is a 403(b) an IRA?
While 403(b) plans and IRAs are both retirement accounts that offer tax benefits, a 403(b) is not an IRA. Both types of plans do allow for pretax contributions — that…
Are IRA Contributions Tax-Deductible?
Are IRA contributions tax-deductible? Yes, IRA contributions are tax-deductible — if you qualify. To be clear, we’re talking here about contributions to a traditional IRA. Contributions to a Roth IRA…
What Does IRA Stand For?
IRA stands for individual retirement arrangement. That’s the old-school, official IRS parlance, but most people think of IRAs as individual retirement accounts, and that’s exactly what they are. While there…
Can You Borrow From an IRA?
Can you borrow from an IRA? The quick answer is no, you can’t. That said, there are some ways to get money out of your traditional IRA or Roth IRA…
Inherited a Roth IRA? Here’s What to Do Now
If someone in your life was kind enough to bequeath you their Roth IRA, bow your head in thanks. Then? Create a plan for what to do with that money.…
Secure Act: What It Is & How It Affects Your Retirement
There’s a new law in town, and it wants to help you improve your retirement savings outlook. It’s called the Secure Act. What is the Secure Act? The Setting Every…
CrowdStreet Review 2020: Pros, Cons and How It Compares
CrowdStreet provides a convenient platform for accredited investors to add commercial real estate projects to their portfolio. But investors should do their own due diligence and be prepared to leave…
