IRA Accounts

Dated: 05/25/2016

Views: 236

There are two main types of IRA's to choose between: a Roth or traditional IRA.

Your first decision will be whether you want to save on taxes today (with a deductible traditional IRA) or in retirement (with a tax-free Roth IRA).

Next, you will need to decide where it makes sense to invest your money. Consider an IRA as the basket that holds your retirement money and you get to decide what goes in that basket, meaning which stocks or mutual funds you want to buy.

To make these decisions, I believe that choosing a reputable financial agent to work with is very important!

There are two particular things to note as you make this decision:

  • Fees - by law, a broker can charge an annual fee to maintain your IRA, but many don't.

  • Commissions - make sure the bulk of your contribution is going toward your retirement nest egg, not to trading commissions.

    Keep investing in your future! Maxing out your IRA is a big step toward making your retirement plans a reality. Also, check your employer-sponsored retirement plan, such as your 401K. If your employer matches contributions, make sure you take advantage of that free money!

Latest Blog Posts


Your home’s landscape and exterior space is the first thing that potential buyers notice. As they pull up to view your home, it is important that you are giving them a great first impression. 

Read More

Gardening Tips And What To Plant With Children

Gardening with children:  Gardening Tips and What to Plant  Cultivating a home garden is a great way to teach your children where their food comes from while fostering a sense of

Read More


A Time of Self Reflection.  As the events of Wednesday afternoon, February 14, 2018 began to unfold on TV at Stoneman Douglas High School in Parkland, Florida, I

Read More

MY STORY A Move To The Texas Gulf Coast

I’m Jerri Sutherland, a realtor in Galveston, TX and new to this thing called “blogging”.  I decided in late 2016 to make this journal go “live” and to stop procrastinating as I need

Read More