Updated on Monday, November 29, 2021 A nondeductible IRA is a way of making contributions to an individual retirement account, not a specific type of IRA. Anyone can contribute money to a traditional IRA, no matter how much they make. But you can only make tax-deductible contributions to a traditional […]
Updated on Monday, November 29, 2021 SIMPLE (Savings Incentive Match Plan for Employees) IRAs are tax-advantaged retirement savings accounts that benefit small business owners and the people who work for them. In addition, you can use the SIMPLE IRA to save for retirement if you are self-employed. Like many other […]
Updated on Monday, November 29, 2021 Knowing all the Roth IRA rules is a key competency for anyone saving for retirement. The first thing to understand is that you fund your Roth IRA with money on which you’ve already paid income taxes. That means you pay no income taxes on […]
Our Fine Print We hate fine print. We created this entire site because of the nasty fine-print habits of other companies. Unfortunately, the legal team insists we include the following: MagnifyMoney is not a lender, does not broker loans to lenders, and does not make personal loans or credit decisions. […]
We live in a world that is full of technology, digital currency along AI and we make each and every transaction of our life easy, be it sending photographs or important documents via email. So why not get such apps and sources so that our Money transfer becomes even cheaper […]
Just because you are in retirement or are about to go into retirement does not mean you cannot enjoy life. In fact, this is the best time to enjoy life- at least that is what I think. There are no work deadlines to beat. You are not in a rush […]
When you have poor credit, it may feel like getting any loan is out of your reach. But, no matter what your credit looks like, you need a way to get to work and to all the other places that life takes you. And the good news is, it’s possible […]
Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners. Earlier this month, Capital One unveiled the Capital One Venture X Rewards Credit Card, its […]
A group of crypto investors failed to buy a first printing of the U.S. Constitution Fees face-off The battle between the world’s largest e-commerce company and the world’s largest payments network started quietly. It began in Singapore, wherein September Amazon.com Inc. started adding a small surcharge to any purchases made […]
There’s literally no time left. It’s now or never. Step up, Chef. Get ready to host your Thanksgiving dinner on a budget. Thanksgiving dinner (and even Christmas dinner for that matter!) can definitely end up being a nail-biting event if you happen to be the host. As if being a […]
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