IRA vs 401k

Retirement Options

Simple IRA

Bitcoin IRA Tax Advantages – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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In May 2021, I had just finished a pretty intense 12 months of helping take OC Bitcoin Network from a monthly meetup to a weekly meetup. In addition to the meetup work, over that same 12 months I independently consulted with over two dozen small businesses on how they could begin to implement Bitcoin payments and personally installed BTCPay Server at four brick-and-mortar … [Read more...] about Bitcoin IRA Tax Advantages – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Is 529 Plan Loophole Too Beneficial for the Wealthy?

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seb_ra / Getty Images/iStockphotoOne of the best ways to save for your children’s education is to set up a tax privileged 529 plan. A 529 plan is the only one of its kind with the privileged tax benefit of the investment gain and the distribution being free of tax. You might think that this functions in the same way as a Roth IRA, but it does not — the contribution limits and … [Read more...] about Is 529 Plan Loophole Too Beneficial for the Wealthy?

Crime report | Robesonian

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August 06, 2021 LUMBERTON — The Robeson County Sheriff’s Office, with the assistance of the U.S. Marshals Service Carolinas Fugitive Task Force and Federal Bureau of Alcohol, Tobacco, Firearms and Explosives, has arrested more than 30 people since Thursday, including a man who threatened a judge. Multiple warrants throughout Robeson and surrounding counties were served … [Read more...] about Crime report | Robesonian

Opinion: U.S. retirement savings options are a disaster

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(Photo: Shutterstock) We can all agree that building our retirement savings is an important goal. Statistics make it clear that we are living longer and when we combine that with the fact that we want to retire sooner leaves a decades-long gap that few people are prepared to deal with.  While Social Security was once the intended funding source for people’s retirement, today … [Read more...] about Opinion: U.S. retirement savings options are a disaster

How Do Mega Backdoor Roths Work? – The Madison Leader Gazette

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A mega backdoor Roth is a unique 401(k) rollover strategy that’s designed for people whose incomes would ordinarily keep them from saving in a Roth Individual Retirement Account. The advantage of using a Roth IRA to save for retirement is being able to make tax-free qualified withdrawals. But not everyone can contribute to these accounts; higher-income earners are excluded. … [Read more...] about How Do Mega Backdoor Roths Work? – The Madison Leader Gazette

Owner seeks appeal of dangerous dog designation after 2-year-old attacked

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August 06, 2021 LUMBERTON — The Robeson County Sheriff’s Office, with the assistance of the U.S. Marshals Service Carolinas Fugitive Task Force and Federal Bureau of Alcohol, Tobacco, Firearms and Explosives, has arrested more than 30 people since Thursday, including a man who threatened a judge. Multiple warrants throughout Robeson and surrounding counties were served … [Read more...] about Owner seeks appeal of dangerous dog designation after 2-year-old attacked

Sen. Young withdraws support for $1 trillion infrastructure bill

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U.S. Sen. Todd Young of Indiana. (IBJ file photo) While most of the bipartisan coalition seeking to push a $1 trillion infrastructure package through the U.S. Senate appears to be holding together, Republican Sen. Todd Young of Indiana withdrew his support Sunday for the pending legislation. “While I’m eager for a bill that … [Read more...] about Sen. Young withdraws support for $1 trillion infrastructure bill