Before going out to meet the planner, it is better to take a list which consists of what all is expected from the retirement. This could include a house in the country or a cruise around the world. Also take details of current savings and investments.
However, the Congress lays down certain strict eligibility criteria for people to join the retirement scheme. The standards or criteria that are applied cover the filing status also. While the Roth IRA has the least tax restrictions when compared to others, it is best as well to remind oneself that the income you derive at the end of the maturation of the plan is directly dependent on the trustee that you have chosen to deposit your money with. Continue reading