IRA vs 401k

Retirement Options

Roth IRA

Gifts could line up for Father’s Day | Community

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Financial FocusIf you’re a dad, you may be in line to get some nice gifts on Father’s Day. But your greatest gift may be your ability to help your children.One way of doing that is to get them started in the world of investing – and making a few investments on their behalf. Here are three possibilities:• 529 plan – If you invest in a 529 education savings plan, your … [Read more...] about Gifts could line up for Father’s Day | Community

Money Moves to Make in Key Decades of Your Life

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Subscribe: Apple Podcasts | Google Podcasts | Spotify | RadioPublic | Stitcher | RSS As you journey through life, you should be laying a financial foundation, one strong enough to provide security and a fulfilling, worry-free retirement. How do you do it? Step by step. When you’re in your 20s, you’re getting your sea legs, adapting to adulthood, learning financial … [Read more...] about Money Moves to Make in Key Decades of Your Life

MEDIA ALERT – As employers seek to fill positions, it’s a great summer for teenagers to get a summer job and learn about taxes too

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--(BUSINESS WIRE)--Wolters Kluwer Tax & Accounting: What: As the economy reopens after the COVID shutdowns, many employers are looking for summer/seasonal workers, especially at entry-level positions. Teenagers should find a lot of job opportunities in areas such as restaurants, hospitality, and summer camps. Earning money, however, also means paying taxes, and learning … [Read more...] about MEDIA ALERT – As employers seek to fill positions, it’s a great summer for teenagers to get a summer job and learn about taxes too

Can You Really Start Investing as a Teenager?

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The best time to start investing is as early as possible. One of the reasons Warren Buffett is one of the wealthiest people on the planet is because he's been investing since he was 11. In his 2018 letter to Berkshire Hathaway shareholders, Buffett wrote: The year was 1942, I was 11, and I went all in, investing $114.75 I had begun accumulating at age six. What I bought was … [Read more...] about Can You Really Start Investing as a Teenager?

Gifts could line up for Father’s Day | Community

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Financial FocusIf you’re a dad, you may be in line to get some nice gifts on Father’s Day. But your greatest gift may be your ability to help your children.One way of doing that is to get them started in the world of investing – and making a few investments on their behalf. Here are three possibilities:• 529 plan – If you invest in a 529 education savings plan, your … [Read more...] about Gifts could line up for Father’s Day | Community

How smart doctors save for retirement

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For most people, home ownership represents a significant investment. While shelter is a requirement for survival, and home ownership can be a component of any sound investment strategy, it shouldn’t be the only pillar supporting your retirement plans.ADVERTISEMENT -SCROLL TO KEEP READINGIndex funds are a great investment vehicle for physicians because they require minimal … [Read more...] about How smart doctors save for retirement

Personal Finance Tips For New Graduates

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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.As the Class of 2021 heads out into the world, they'll be facing a variety of financial decisions big and small 一 from renting an apartment to purchasing a … [Read more...] about Personal Finance Tips For New Graduates

Put your education first | Business, Finance & Technology

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Dear Dave: I’m 19, and I’m about to finish up my first year of community college. I have enough money through scholarships and help from my family to get a bachelor’s degree. After that, I plan on going to law school and cash flowing that part of my education. I’ve already started a Roth IRA with money I’ve made working, but I’m wondering if I should continue contributing to … [Read more...] about Put your education first | Business, Finance & Technology

How This Certified Financial Planner Used His Roth IRA to Turn $11,000 into $270,000 [100% Tax-Free]

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Watch the video to find out how you can use a Roth IRA. Free Book Preview Money-Smart Solopreneur This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success. June 16, 2021 1 min read Opinions expressed by … [Read more...] about How This Certified Financial Planner Used His Roth IRA to Turn $11,000 into $270,000 [100% Tax-Free]