IRA vs 401k

Retirement Options

Retirement

Is it “Y’all”? Or, “You All”? Do Lubbock Citizens Have A Dialog Preference?

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 It's a debate as old as time, and one that will be waged for as long as we continue to use the Queen's English, or something similar.Every part of this great nation of ours has different dialects, and ways of saying the same thing. It's like the old argument of whether you drink Pop, Soda, or Coke? When I lived in New England, it seemed strange to refer to a drinking fountain … [Read more...] about Is it “Y’all”? Or, “You All”? Do Lubbock Citizens Have A Dialog Preference?

Understanding Annuities and Taxes: Mistakes People Make

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When it comes to taxes, we all have to pay the piper. In this case, the piper is Uncle Sam. So, even though you’ve seemingly already paid your fair share, your taxes aren’t going to necessarily be any lower in retirement. And, this also applies to annuity owners.Annuity Taxation 101Annuities are taxed by the IRS based. And, the tax is almost entirely calculated on how they were … [Read more...] about Understanding Annuities and Taxes: Mistakes People Make

Social Security Isn’t Enough: Americans Should Invest in a Roth IRA

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When Americans reach retirement age, it is expected that they will file for Social Security, which pays a reliable monthly benefit for the rest of their life. The program, created by President Franklin D. Roosevelt as part of the New Deal in 1935, was regarded as an effective anti-poverty program for elderly Americans, and quickly became one of the most popular government … [Read more...] about Social Security Isn’t Enough: Americans Should Invest in a Roth IRA

5 Tips for Planning for Your Family’s Financial Future and Creating Generational Wealth

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You don't have to be on the Forbes list in order to be smart about planning for your family's future, generations down the line. There are valuable tools to leverage including 529 accounts, estate planning, and life insurance, but it's also critical to build financial literacy skills. In this Motley Fool Live video recorded on July 23, Fool.com editor Desiree Jones speaks with … [Read more...] about 5 Tips for Planning for Your Family’s Financial Future and Creating Generational Wealth

Should billionaire get to invest wealth in Roth IRA? » Albuquerque Journal

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.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........My parents were frugal people.This was fortunate because neither had an employer-sponsored retirement plan. My father was an electrician and my mother a nurse. Beginning in the 1970s, … [Read more...] about Should billionaire get to invest wealth in Roth IRA? » Albuquerque Journal

Monday’s Letters to the Editor

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Forest protests EDITOR: Forest “demonstrators” have an element of selfish elitism generally associated with the filthy rich. In an area with thousands of acres of state-owned forests, these folks (mostly pale people like myself) have not participated in the public comment component of project reviews, but after the fact they have done their utmost to stop projects. Our area has … [Read more...] about Monday’s Letters to the Editor

KNOWLEDGE CENTER: Are you left with extra money each month? Here are some options to use it wisely [Column] | Business

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When it comes to money management, the COVID-19 pandemic changed people’s habits and budgets in varying ways. From stimulus checks and expanded unemployment benefits to reduced commuting expenses, many people experienced some degree of shifting in how they accumulated, spent and saved money.For those who’ve consistently found that they have extra money after taking care of … [Read more...] about KNOWLEDGE CENTER: Are you left with extra money each month? Here are some options to use it wisely [Column] | Business