Saturday, 27 April 2024
Anna Davies iStock Whether you want to actively buy and sell stocks, open a Roth IRA, or just explore different investing strategies, you’ve probably come across some recommendations and reviews of brokerages. But what is a brokerage? How does a broker work for you and your money, and what should […]
Jamie Cattanach iStock Depending on your financial situation, a Roth IRA is one of the savviest ways to save for retirement. It’s an investment account whose contributions are taxed today, but whose earnings then grow tax-free — and can then be a source of tax-free income upon retirement. Roth IRAs […]
Christy Rakoczy iStock You have $1,000 and need to figure out what to do with it. Whether it came from a tax refund, a bonus at work or your hard-earned savings, a wise investment strategy could turn that cool grand into a boon for your financial life. Unfortunately, there isn’t […]
Emily Guy Birken With so much retirement advice focused on how to save as much as possible, the question of how to access the money in your 401(k) account can often get overlooked. But understanding how to turn your employer-sponsored retirement account into retirement income is an essential part of […]
Julie Ryan Evans iStock Think you need thousands of dollars to start investing? Think again. When it comes to investing, no amount is too small, and today’s modest investments can pay off big time down the line. If you have an extra $500, you may not think it’s worth it […]
Dori Zinn Maybe you were always told that a Traditional IRA is the best investment account you should have. But then you discovered that there are so many more options out there than the default. Yes, Traditional IRAs are the most popular, but that doesn’t mean they’re the best choice […]
Sarah Sharkey Investing for retirement can seem to be an overwhelming task. There are many different types of retirement accounts that all offer different benefits. You’ve likely already heard of 401(k)s and Roth IRAs, and may be trying to decide which is best for your retirement savings. Each of these […]
Kat Tretina iStock “Invest in your retirement.” “Contribute enough to your 401(k) to get the full match.” “Open an IRA.” We’ve all heard these standard snippets of advice. However, while investing in your retirement is important, it’s not the only way to invest; a taxable account is another smart option. […]
Tamara Holmes Real estate has always been a popular strategy for building wealth. Beyond amassing equity in the house you live in, you could possibly turn a profit by purchasing investment properties and charging others rent. In an ideal situation, an investment property could rise in value while renters foot […]
Brynne Conroy iStock What is a jumbo money market account? When you’re saving money, you want to make sure you’re stashing it in the right place. Ideally, that will be in an account with a high rate of return. While savings accounts tend to offer a higher return than checking […]
Tags: debit card, retirement accounts, Roth IRA