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Tag: roth

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…

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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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  • 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 –…

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I Want to Minimize the Cost of College. What Are the Best Next Steps?

  • Posted on October 11, 2019July 26, 2022
  • by BrightDime

In a recent survey 66% of college graduates reported they had regrets about taking on so much debt in student loans, especially for degrees with fewer job prospects. Others wished…

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 Contributions are made with after-tax dollars and withdrawals are tax free when withdrawn in retirement.…

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  • 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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