A rollover IRA is an Individual Retirement Account that is funded by closing a 401(k) (or similar account) at a previous job and moving those funds to the new individual…
Tag: investing
When you contribute to a 401(k) you put your own money in, called a contribution. That contribution is made with pre-tax dollars, invested within the 401(k) account, and grows tax-deferred…
A 401(k) is an employer sponsored, tax advantaged account for saving and investing for retirement. You contribute pre-tax dollars to it, invest that money, and then withdraw the money in…
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…
When Warren Buffet talks about money, people listen. And they should; he’s one of the richest people in the world and widely regarded as one of the most successful investors…
You’ve heard of the 7 wonders of the world – places like the Taj Mahal, the Roman Colosseum, the Great Wall of China, and a few others (the list evolves…
Saving for retirement is a goal that you should tackle as early in life as you can. Why? A couple of reasons. 1- the power of compound interest; 2 –…
Saving for retirement may be the most important financial goal you’ll ever have. Why? It’s how you’ll need to pay for your up to 30+ years of unemployment (aka, retirement).…
If you’ve ever found yourself thinking “I’ll start investing when I’m older, I have plenty of time” or “I’ll start investing when I have more money, there’s no point in…
So you want to invest! In what? What kind of account? What type of investment? How much risk are you willing to take? What are your goals? Yikes! There is…