IRA

Should Christians save for retirement?

written by | Biblical Personal Finance

Bible verses about retirement and resting: While the Bible doesn’t seem to have specific verses referring to retirement, it does point out the importance of rest. God, our creator, understands the value of rest and relaxation. That, of course, is why He created Sundays! To add to that… Then, because so many people were coming and going that they did not even have a chance to eat, he said to them, “Come with me by yourselves to a quiet place and get some rest. Mark 6:31

Which IRA Should You Invest In?

written by | Investing

So you’re saving money for retirement, or thinking about opening an account – that’s great! But should you open a Roth IRA or Traditional IRA? The question inevitably comes up – Which Type of IRA Should I Invest In?
It’s a good question, and there are advantages and disadvantages of both the Traditional IRA and the Roth…

When Can You Withdraw From Your Traditional IRA?

written by | Investing, Managing Money

For some reason I get this question a lot in my day job, so I thought I’d provide a little clarification on some of the rules regarding withdrawals from Individual Retirement Arrangements, or IRAs.

IRAs were designed to provide an opportunity for folks to save for retirement on a pre-tax, tax-deferred basis. In other words, the money grows without having to pay any taxes on the gains.