Category: IRAs
A few weeks back, I was having a chat with a younger friend who raised the following: “I was hoping to talk about 401K vs saving money to have …
I was having lunch with a co-worker a while back, and the exhilarating topic of retirement accounts came up. Our employer offers a generous 50% 401K match, which led …
If you have self-employment income, SEP IRAs (SEP stands for “Simplified Employee Pension”) are a great vehicle for turbo-charging your retirement savings while simultaneously reducing your tax obligation. Along …
When is the 2022 IRA Contribution Deadline? Here’s a personal finance 101 must-know special: the deadline for IRA contributions for a calendar year is the tax deadline for that …
In my previous Roth IRA basics post, I received the following question from a reader, Julia: Great summary, but I think it’d be interesting to hear about the Backdoor …
This article has been updated for 2022. Roth IRAs have become quite popular among the millennial generation (and beyond) and can be a great addition to your retirement savings …
This article has been updated for the 2021 and 2022 tax years. I’m willing to bet that most readers of this article have heard of a “spousal IRA”, but …
