IRA

Before you start investing for your kids, teach them some basic money lessons like budgeting and saving. By matching your kid’s savings, you can help them learn how investments grow their money over time. There are multiple investment avenues for minors, including a 529 Plan (for education expenses) or a custodial brokerage account for stock […]

In the other articles in our “Retire at 55” series, we’ve talked a lot about “saving” for retirement. But the truth is that you will never be able to save enough money to retire (and certainly not retire early) if you simply stash it away in a savings account. Instead, when we say “saving” for […]

Most people think of their investments in terms of gains and losses. Unfortunately, very little thought is given to the potential tax implications. That is, until the Internal Revenue Service (IRS) comes calling. (And they always do.) However, the reality is that taxes play a big factor in investment portfolios, both large and small. Your […]

When it comes to saving for retirement, both a 401k or an Individual Retirement Account (IRAs) are viable options. However, each of them function a little differently. They offer similar, but not quite the same, benefits, depending on your personal employment situation. The choice of which vehicle is best for you depends largely on your […]