So today I was featured in the 2nd edition of carnival of debt management over at Debt Consolidation Lowdown. Thanks for hosting Sagar! I particularly liked Steve’s article on Debt Consolidation Loan Problems You Must Avoid. This past Monday, the 4th edition of the Carnival of Money Stories was hosted over at Binary Dollar. Henry did a fantastic job hosting which in total had 16 money stories articles, go check it out! I also want to...

So my last post from yesterday covered the basic fundamentals of what a Traditional IRA was. Today I want to cover Roth IRA and just like last post I want to keep it sweet and simple. So lets get started. A Roth IRA’s main advantage is its tax structure. The contributions made to this account is only from earned income that has already been taxed, therefore it is not tax deductible. The total contribution for all IRA’s are...