Year-end IRA reminders
[-- Read Time: 2 mins --] As 2020 draws to a close, we have a few year-end reminders for those who already have an Individual Retirement Account (IRA) or plan to open one soon. Be aware of the contribution and deduction limits This year you can contribute up to $6,000...
New law provides relief for eligible taxpayers who need funds from IRAs and other retirement plans
[-- Read Time: 2 mins --] The Internal Revenue Service provided a reminder today that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help eligible taxpayers in need by providing favorable tax treatment for withdrawals from retirement plans and IRAs...
How to Save $1 Million for Retirement
[-- Read Time: 3 mins --] You can’t just speak being a millionaire into existence. You need to create a plan and follow through. There are 18.6 million people in the United States who have at least 7 figures in their bank account. If you play your...
Why You Should Join Your Employer’s 401k Plan
[-- Read Time: 2 mins --] Forty-six percent of Americans have no money saved for retirement, but it’s not too late to start. Contributing to a 401k is a hassle-free way to build wealth and earn tax breaks. If you’ve been iffy about joining your employer’s...
The Financial Benefits of Marriage
[-- Read Time: 3 mins --] When you get married life as you know it begins to change and mostly for the better. Saying “I do” can help you live longer, sleep better and you’re less likely to be depressed. Marriage also comes with numerous financial benefits including...
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