Roth IRA

.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........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

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

As a general rule, the younger you are when you start investing, the easier it is to wind up with a decent pile of money later in life. This is because compounding has more time to work its magic, giving those earlier dollars the chance to double that many more times along your journey. The incredible value that comes from starting early raises a key question: exactly how young … [Read more...] about Can You Really Start Investing As a Teenager?

Conventional wisdom says that the sooner you start saving and planning for retirement, the better. And that totally makes sense. Thanks to compound interest, the earlier you start stashing away money, the easier it will be to build a stronger and more studier nest egg for retirement. And, if you experience a financial setback, you have more time to bounce back. Annuities are … [Read more...] about Should You Buy An Annuity in Your 20’s?

The year is already halfway over, but it’s never too early to start thinking about ways to reduce your tax bill. Early planning can help make a significant difference in what you will owe come tax time. Here are some options to consider when preparing to reduce your taxes.Review your tax withholdingIf you work for an employer, you will have completed a W-4 form. This advises … [Read more...] about Tax Saving Tips for the Rest of the Year