Roth IRA

Dividends are typically cash payments from a company’s net profit to its shareholders. While perhaps less exciting than chasing the latest highflyer in the stock market, dividends can account for a significant portion of investors’ total return over time.How dividends workCompanies can choose to pay dividends for a number of reasons, but typically it’s a way of sharing the … [Read more...] about What Is A Dividend? | Bankrate

A Freelancer's Guide to Saving for Retirement | Money … [Read more...] about A Freelancer’s Guide to Saving for Retirement

NASHVILLE (WSMV) - Graduating and starting your career is an exciting time. Natalie Gillisse will be starting her job in August and already worries about balancing a budget. Credit cards can be one of the biggest pitfalls for those just graduating. "Be careful of rationalizing, we all can find excuses for what we wanna do," John Stauffer, a certified financial planner. Instead, … [Read more...] about Graduates concerned about the dos and don’ts of finances, budgeting | News

As the culmination of years of hard work, college graduation is always an accomplishment worth celebrating. Graduating in 2021—while the world is still dealing with the economic ramifications of the COVID-19 pandemic—may, however, feel daunting. Laura Cole, director of the Masters Investment Learning Center in the University of Tennessee, Knoxville’s Haslam College of Business, … [Read more...] about Five Personal Finance Tips for New College Graduates

NASHVILLE (WSMV) - Graduating and starting your career is an exciting time. Natalie Gillisse will be starting her job in August and already worries about balancing a budget. Credit cards can be one of the biggest pitfalls for those just graduating. "Be careful of rationalizing, we all can find excuses for what we wanna do," John Stauffer, a certified financial planner. Instead, … [Read more...] about Graduates concerned about the dos and don’ts of finances, budgeting | News

Retirees who saved up aren’t spending down: An EBRI survey identifies five retiree profiles and shows the wealthiest individuals plan to spend little, George Moriarty reports. Mary Beth Franklin, Social Security guru and InvestmentNews contributing editor, describes why this is happening.Soaring inflation likely to boost 2022 Social Security COLA: According to InvestmentNews, a … [Read more...] about Roundup: Social Security and Inflation News for Financial Advisers

It has been my life’s work to help people gain understanding and control of their economic future, including personal finances. Whether that means pursuing higher education, starting a business, buying a home, or planning for retirement, savings is key. While once it was common to work for the same employer for much of your career and retire with a pension, our economy has … [Read more...] about Vitelli: Helping more Mainers plan and save for retirement

On the eve of this year’s Kentucky Derby, the first of three races a horse must win to grab racing’s Triple Crown, the Biden tax proposals are underscoring the triple crown of tax advantages provided by Roth conversions. While the administration’s tax plan is still far from becoming law, clients are already getting worried and asking advisers what they should do. In light of … [Read more...] about The Triple Crown tax benefits of 2021 Roth conversions

Dear RickI am 75 years old and have been retired for nearly 10 years. My wife passed away a few years ago, and since then I have been bored. My son recommended that I go back to work part time, even though I don’t need the money.So, here I am working about 15 hours a week. I was told that because I am working, I do not have to take minimum required distributions from my IRA; is … [Read more...] about What to do if you’re working and taking IRA distributions at same time

Editorial IndependenceWe want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.Dawsyn Pouncil is on track to become a millionaire by age 16. And she’s only 18 months old. It’s all thanks to her mother, Dominique … [Read more...] about How to Create an Investment Portfolio for Your Toddler