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…
Tag: pre-tax
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…
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…
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).…
When you’re ready to invest for your long term goals you’ll need to choose where to do that. We don’t mean what to invest in , that’s a different step.…
Tax time can feel like it’s all bad news but there are two bright spots. Tax credits and tax deductions are types of tax breaks that (generally) apply to those…
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…
When it comes to your health, take nothing for granted, not even your insurance plan or how it works. With so many types of health plans out there, it’s easy…
If we told you that you could save up to 30% on medical expenses, would you be interested? The cost of healthcare can be overwhelming and even with insurance people…
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…