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What’s the difference between a Roth and traditional IRA?
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What’s the difference between a Roth and traditional IRA?

  • Posted on January 12, 2021July 26, 2022
  • by BrightDime

An IRA (or Individual Retirement Account) is a tax advantaged account for saving and investing for your retirement. IRAs are not connected to your employer like a 401(k) is and…

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  • Glossary

individual retirement account (IRA)

  • Posted on January 16, 2019July 26, 2022
  • by BrightDime

An individual retirement account or IRA is a type of investment account designed to help you invest money for retirement in a tax efficient manner. IRA’s have annual contribution limits…

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Take These Steps to Get Ahead of Back to School Planning

  • Posted on January 15, 2019July 26, 2022
  • by BrightDime

Summer activities start wrapping up, vacation season winds down, and school will soon be back in session. If you’re like most people, you probably put managing your finances on hiatus…

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  • Glossary

health savings account (HSA)

  • Posted on November 20, 2018July 26, 2022
  • by BrightDime

An HSA is special savings account that allows you to set aside money before taxes to use on qualified health care expenses. It can only be used when enrolled in…

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  • Glossary

health care flexible spending account (HCFSA)

  • Posted on November 13, 2018July 26, 2022
  • by BrightDime

A health care flexible spending account (HCFSA) is a type of FSA that allows you to be reimbursed for eligible medical, dental and vision expenses that aren’t paid for by insurance or otherwise…

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  • Glossary

flexible spending account (FSA)

  • Posted on November 13, 2018July 26, 2022
  • by BrightDime

A flexible spending account (FSA) is a benefit offered by employers that allows employees to take money out of their pay before taxes, put it into an account, and then…

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  • Uncategorized

What You Need to Know About Flexible Spending Accounts (FSA)

  • Posted on August 9, 2018July 26, 2022
  • by BrightDime

A flexible spending account (or flexible spending arrangement) is a benefit offered by employers that allows employees to take money out of their pay before taxes, put it into an account,…

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