Withdrawing an IRA fund early generally requires paying penalties, as well as taxes on the money in the account and any growth that has occurred. Once a person has reaches 59 and a half years of age, there are no penalties for withdrawing IRA funds. Find out about hardships that might allow a person to withdraw an IRA early with information from aninvestment portfolio manager in this free video on retirement funds. Expert: Gregory Bramwell-Smith Bio: Gregory Bramwell-Smith is the relationship and portfolio manager at Bramwell-Smith Associates. Filmmaker: David Pakman
When designing a savings plan, it is wise to calculate a working budget for figuring out extra money to dedicate to the plan. Formulate a savings plan for short-term goals or retirement with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial planner for Asti Financial. Filmmaker: Bing Hu
A Roth IRA is a type of retirement investment account that an individual can start withdrawing from at the age of 59 and a half without paying taxes on it. Open a Roth individual retirement account by visiting a local financial institution with tips from a futures and options floor trader in this free video on personal finance. Expert: Mark Griffith Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange). Filmmaker: Paul Volniansky
Ways to invest in a money-market account include through a bank, a mutual-fund company or through a discount brokerage. Earn interest on saved money with a money-market account with advice from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial planner for Asti Financial. Filmmaker: Bing Hu
Another good video clip by Julie Asti, CFP, on creating a financial plan. The first thing to consider is setting up a budget to better understand how much money can be saved. She tells why this is a crucial step in getting a financial plan in place.
