Roth IRA

<a href="https://pixabay.com/users/istara/">istara</a> / Pixabay A gold IRA is an individual retirement account that holds physical gold. You can also get IRAs that hold other precious metals in addition to gold, including silver, platinum and palladium, but do gold IRAs make good investments? A lot of factors are involved in … [Read more...] about Does A Gold IRA Make Sense For Precious Metals Bulls?

In this episode of Motley Fool Money, host Chris Hill and Motley Fool analysts Ron Gross and Jason Moser discuss GameStop's (NYSE:GME) volatility in the wake of earnings. Also, Adobe (NASDAQ:ADBE) has a strong start to the fiscal year, Restoration Hardware (NYSE:RH) hits an all-time high, and laser equipment maker Coherent (NASDAQ:COHR) settles on a suitor. Darden Restaurants … [Read more...] about Domino’s Pizza CEO Ritch Allison Talks About Trends and Toppings

  Wouldn’t it be nice to have a source of nontaxable income? You may be more fortunate than you realize. Here are several types of income that the IRS does not tax. 1. Tax-free interest. The federal government does not tax municipal bond interest. This includes bonds issued by a state or municipality. The tax-free benefit increases the higher your income, but caution must be … [Read more...] about Income the IRS can’t touch – The Willits News

Pixel-Shot / Shutterstock.comThis story originally appeared on NewRetirement. When approaching retirement, it’s common for people to start thinking about legacy planning: how they’ll be remembered and what they’ll leave behind. In most cases, leaving a legacy for children, grandchildren, or charities — and other causes people are passionate about — takes careful planning and … [Read more...] about 6 Meaningful Ways to Leave a Financial Legacy to Your Heirs

Can children have Individual Retirement Arrangements (IRAs)? Yes, as there is no minimum age for having an IRA. Due to the power of compound interest, saving tax-free in an IRA from childhood can provide a significant head start on financial security. There is, of course, a catch – the child must have earned income in order to contribute to an IRA. They also cannot contribute … [Read more...] about Set Up an IRA for a Child or Grandchild for a Head Start

If you didn’t fully funded your retirement plan(s) in 2020, this year you should consider what you can afford to salt away. Contributions to 401(k) plans reduce your taxable wages. Many employers will let you make an additional one-time contribution up to the IRS limit.You may be able to save on 2020 taxes by making deductible contributions to an IRA by April 15, 2021. If your … [Read more...] about Review your finances now to keep on track in 2021

It’s that time of year. My accountant sent my husband and me a note yesterday asking how much we planned to contribute to our retirement accounts for 2020. Obviously, that makes a difference in our pending tax bill.I sighed. Our contributions are fully deductible since neither of us has an employer-provided plan. But last year was a rocky one for self-employed workers like us, … [Read more...] about At what age should you stop saving for retirement?

Dive into the ins and outs of cryptocurrency during our webinar with Mark J. Kohler and Mat Sorenson-authors, attorneys, and crypto experts. Register now! April 5, 2021 2 min read Opinions expressed by Entrepreneur contributors are their own. Curious … [Read more...] about Free Webinar | April 21: Cryptocurrency Trading and Tax Strategies

(State of financial education: Many money problems Americans face could have been avoided if financial literacy was taught earlier in school. That knowledge helps create a foundation for students to build strong money habits early and avoid many mistakes that lead to a lifelong of money struggles. This story is part of a series looking at the current financial education … [Read more...] about Giving kids an early financial education pays off in the future

MARTINEZ: Four reasons to consider a Roth IRA | Local News | valdostadailytimes.com We recognize you are attempting to access this website from a country belonging to the European Economic Area (EEA) including the EU which enforces the General Data Protection Regulation (GDPR) and therefore access cannot be granted at this time. … [Read more...] about MARTINEZ: Four reasons to consider a Roth IRA | Local News