Is the Tampa Bay area still a good place to retire?
I thought I might hear from so readers so fed up with property insurance rates and taxes that they were heading for the hills of Tennessee. However, that wasn’t the case. Here’s what one reader had to say: The Tampa Bay area is a great place to retire if you’ve prepared fiscally, physically and mentally for retirement. There’s fresh seafood, fruit and vegetables, beef raised in-state and year-round fun in the sun. What’s not to like? Billy Ball, Pinellas Park You asked Today’s questions are about individual retirement accounts. IRAs come in two basic varieties, traditional and Roth. Contributions to a traditional IRA may be deductible and withdrawals are tax except for the portion based on nondeductible contributions. Roth IRA contributions are never deductible, but there are no taxes when the money comes out, assuming you’ve followed the rules. If you have earned income, you can make a 2007 IRA contribution of up to $4,000 if you’re younger than 50 or $5,000 if you are 50 or older. Fo
