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Tag: retirement

What if I can’t pay my taxes on time?
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What if I can’t pay my taxes on time?

  • Posted on July 14, 2020July 26, 2022
  • by BrightDime

Back in March, the IRS announced they would postpone the tax filing and payment deadline to July 15th, 2020 from April 15th as part of the Coronavirus Aid, Relief and…

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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 –…

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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).…

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  • 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 Contributions are made with after-tax dollars and withdrawals are tax free when withdrawn in retirement.…

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FIRE! (Financial Independence Retire Early)

  • Posted on July 8, 2019July 26, 2022
  • by BrightDime

Independence means not relying on anyone or anything else; strong and able to survive alone; free. Sound pretty good? Let’s take it a step further and explore financial independence. That…

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The Wheres and Whats of Investing

  • Posted on May 1, 2019July 26, 2022
  • by BrightDime

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.…

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9 Things You Can Do to Finish the Year Off Right

  • Posted on January 28, 2019July 26, 2022
  • by BrightDime

Every year around the holiday season, it’s easy to get busy and put your finances on the back burner. However, that period as the year comes to a close is…

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Why It’s Important to Save Now for the Future

  • Posted on January 28, 2019July 26, 2022
  • by BrightDime

To save means to set aside, keep, reserve, conserve, or stockpile. National Savings Day (October 12th) was created to drive awareness about the importance of saving. To quote Warren Buffett,…

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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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Organize Your Financial Life: Tracking your Accounts

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

We all experience a change in circumstances at some point;  a new job, a move to a new city, getting married or divorced, etc. And with each of these changes,…

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