Ask Brightdime

See how our BrightDime coaches answer some of our most commonly asked financial questions

Menu
Skip to content
  • Home

Tag: IRA

  • Uncategorized

What can you do with a 401(k) from a previous job?

  • Posted on March 19, 2022
  • by BrightDime

If you leave a job where you had a 401(k) you’re faced with a decision: what do you do with the 401(k) account at your old job? The money in…

Read More
Which type of IRA should I contribute to?
  • Uncategorized

Which type of IRA should I contribute to?

  • Posted on January 16, 2021July 26, 2022
  • by BrightDime

IRA’s, or Individual Retirement Accounts, are tax advantaged accounts for saving and long term investing for retirement. The two most common types are Roth and traditional. You can make contributions…

Read More
What’s the difference between a Roth and traditional IRA?
  • Uncategorized

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…

Read More
What you can do with a tax refund or an unexpected windfall?
  • Uncategorized

What you can do with a tax refund or an unexpected windfall?

  • Posted on July 22, 2020July 26, 2022
  • by BrightDime

If you’re one of the lucky Americans who will get a tax return this year you may be faced with a pleasant dilemma: what do I do with this extra…

Read More
  • Uncategorized

Retirement Basics: Roth IRA (Individual Retirement Account)

  • Posted on March 26, 2020July 26, 2022
  • by BrightDime

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 –…

Read More
  • Uncategorized

Retirement Basics: The Traditional IRA (Individual Retirement Account)

  • Posted on March 20, 2020July 26, 2022
  • by BrightDime

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).…

Read More
  • Uncategorized

No More Excuses: Start Investing in Your Future

  • Posted on November 22, 2019July 26, 2022
  • by BrightDime

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…

Read More
  • Uncategorized

I Want to Start Investing. What Are the Next Best Steps?

  • Posted on October 18, 2019July 26, 2022
  • by BrightDime

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…

Read More
  • Glossary

roth ira

  • Posted on October 10, 2019July 26, 2022
  • by BrightDime

A Roth IRA (Individual Retirement Account) is a type of tax advantaged retirement savings account. Contributions are made with after-tax dollars and withdrawals are tax free when withdrawn in retirement.…

Read More
  • Uncategorized

I Have Some Extra Cash. What’s My Best Next Step?

  • Posted on October 4, 2019July 26, 2022
  • by BrightDime

You finally have some breathing room in your budget; you’re spending less than you earn and there’s cash left over at the end of the month. Now you want to…

Read More

Posts pagination

Page 1 Page 2 Next Page

Topics

401(k) asset basics benefits Bright Idea budget budgeting credit credit agencies credit card credit report credit score debt emergency fund Event Recordings Financial Checkup FSA Getting Started Goal Planning Goals health healthcare home buying homeowners HSA Improve Credit insurance investing investments IRA liability loan loans medical mortgage pre-tax rainy day fund Reduce Debt retirement Save More saving savings student loan taxes tax return
© Copyright 2024 – BrightDime
Bezel Theme by SimpleFreeThemes ⋅ Powered by WordPress