Roth IRAs in 2014: 4 Facts You Should Know

Want tax-free growth? Opening a Roth IRA in 2014 will get you on the right path to big tax benefits.

Jan 4, 2014 at 2:12PM

As 2014 begins, smart investors are looking for ways to get more from their investments. Looking at Roth IRAs for 2014 can open the door to huge potential for tax-free growth in your retirement savings. But many investors don't know what they should dp about Roth IRAs.

In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at four key facts you should know about Roth IRAs for 2014. Dan notes that even though 2013 is over, you can still make a 2013 Roth IRA contribution any time before April 15 of this year. Dan also points out that contribution limits of $5,500 for those under 50 and $6,500 for those 50 or older have remained the same this year. But he also warns that not everyone will be allowed to contribute to a Roth IRA in 2014, with income limits of $114,000 for single filers and $181,000 for joint filers marking the beginning of phaseout provisions that reduce your allowable Roth IRA contribution. Dan concludes by discussing the advantages of owning (NASDAQ:PCLN), Regeneron Pharmaceuticals (NASDAQ:REGN), and Wynn Resorts (NASDAQ:WYNN) in a Roth IRA, as those high-growth stocks have let investors maximize the tax-free benefits that these retirement accounts offer.

Save for retirement the best way you can
Roth IRAs can help you invest better. That's crucial, given how many investors stayed out of the market in recent years, missing out on huge gains and putting their financial futures in jeopardy. In our brand-new special report, "Your Essential Guide to Start Investing Today," The Motley Fool's personal-finance experts show you why investing is so important and what you need to do to get started. Click here to get your copy today -- it's absolutely free. 

Fool contributor Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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