I’ve always thought that IRAs were pretty sexy. Being able to invest money in an account that grows tax-free, with tax-free withdrawals on all of the gains (as in the case with qualified distributions from a Roth IRA) is an extremely generous incentive to save for retirement. Pretty sexy, until The Wall Street Journal burst Continue Reading

An Individual Retirement Arrangement (IRA) account is a type of retirement account anyone can set up, as long as they have earned income. In this article, I will be introducing the types of IRA accounts and what they mean to you. Everyone should have an IRA account. An IRA plays an important part of your Continue Reading

Now that you know about the basic types of investment products, you may be wondering, “Where do I put my money?” There are a lot of investment accounts, each suited for different purposes. The main category you need to focus on is retirement. The main reason is because retirement investment accounts are tax sheltered or Continue Reading

There are many different types of investments to choose from. The choices available make it difficult for the average investor to understand what is appropriate for them, or what they even are. If you are a beginner, or only invest in employer-provided 401k style plans at this time, then your focus should be on mutual Continue Reading

Do you qualify for a Roth IRA? If you are limited to contributing to a Traditional IRA this year, there is still a way for you to contribute to a Roth IRA. This is especially important if you do not have an IRA established already, or have an existing Roth IRA and are newly ineligible. Continue Reading

Investing is the process of deferring your current spending, much like saving, and placing your money into an asset in order for it to grow. Simply, investing means buying things like stocks, bonds, or real estate so that you can continue to work at your current job and make the money that you have saved Continue Reading