Tuesday, 28 May 2024

Tag : retirement accounts

15 Nov

What to Know About Traditional IRAs-Individual Retirement Accounts

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Updated on Monday, November 15, 2021 Individual retirement accounts (IRAs) are investment accounts with tax benefits that are specifically designed to help you save and grow money for retirement. There are several types of IRAs and they differ mostly due to tax implications. A traditional IRA is one of the […]

14 Oct

How to Retire Early: 6 Steps to Take

Updated on Wednesday, October 13, 2021 Many people dream of the day when they can finally sit back and relax in retirement — and a lot of people want that day to come as soon as possible. If you’d like to plan for early retirement, there are several strategies to […]

04 Sep

Best IRA Account Providers September 2021

Individual retirement accounts (IRAs) are investment vehicles designed to help you save for retirement. If you have a company-sponsored retirement plan, like a 401(k), IRAs are an important supplement to further boost retirement savings. If you’re self-employed, IRAs are your main tool for saving up the nest egg you need […]

03 Sep

The 7 Best Online Brokers for September 2021

Updated on Wednesday, September 1, 2021 The easiest way to start investing from home is through an online broker. A broker’s main job is to buy and sell stocks, bonds, exchange-traded funds (ETFs) and other securities that make up your portfolio. When choosing an online broker it’s important to consider […]

12 Aug

How to Set Up Your 401(k)

Thanks to its high contribution limits and automatic, straight-from-your-paycheck deferrals, a 401(k) is an excellent way to build a sizable nest egg over time. But before you get that ball rolling, you’ve got a little bit of homework to do. In this post, we’ll walk you through how to set […]

21 Mar

NCUA vs FDIC: Understanding the Differences

Kate Ashford You deposit money in the bank because it’s safe and always available when you need it. But who ensures that the money kept in banks and credit unions is safe? That’s the job of the FDIC and the NCUA. The FDIC is the Federal Deposit Insurance Corporation, the […]

21 Mar

How to Save $3000 a Year: The A to Z of a Sustainable Savings Plan

There are countless articles on the internet that advice you to Save Money as if it were some divine law which needs to be followed. However, seldom will you find a piece which takes things beyond the mere redundancy of wisdom and preaching of conservatism. This piece is different, at […]

19 Mar

Guide to Reverse Mortgages: Is the Income Worth the Risk?

Crissinda Ponder iStock Although they have received increased attention in recent years, many consumers still have a hard time fully understanding what reverse mortgages are, how they work and who they benefit. Continue reading for a thorough explanation on the above topics, plus a discussion of the advantages and disadvantages […]

12 Mar

Spring Cleaning? Don’t Forget Your Finances

Taylor Gordon iStock Spring is right around the corner, which means it’s time to come out of hibernation and do some tidying up before summer hits. Along with organizing the basement and cleaning out your closet, why not set aside some time to review the status of your finances as […]

25 Feb

Best Lenders for Secured Loans

Dawn Allcot iStock Are you considering a secured loan? A secured loan is one that is backed by collateral. For instance, an auto loan is backed by the car you are purchasing. If you don’t make your auto loan payments, your lender can repossess the car. Other common secured loans […]