With the right tools, the dollars you compound in your IRA or 401 (k) can go a long way to making your retirement a more comfortable one. Knowing a few tax-smart strategies can help you build your tax enhanced accounts starting today.

1. Take your company 401 (k) with you when you leave your employer.

2. Never borrow against your IRA.

3. Since a ROTH IRA is a tax-free IRA you don’t have to worry about when you need to cash out. Just remember the ROTH has to be in existence at least 5 years and age 59 ½ before you can take any money out.

This entry was posted on Thursday, April 26th, 2007 at 8:43 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.