Self-Employed? Save More with a SEP IRA.
The freedoms and advantages that come with being your own boss are undeniable. Nonetheless, self-employment has trade-offs, such as the lack of an employer-sponsored retirement plan. Many entrepreneurs feel like they’re missing out in the absence of an established 401(k).
Saving for College with a 529 Account
As the cost of higher education continues to rise annually, many wonder what’s the best way to save for future college expenses. One of the most popular options is a 529 account.
Boost Your Savings Without Market Risk
What if there was an option to invest your money and earn a significant return without any risk? You’d probably think it’s too good to be true. It’s not a myth; it’s called a Share Certificate Account.
Traditional or Roth IRA: Which is Right for Me?
Many tax-advantaged retirement accounts limit how much you can contribute per year. To maximize your tax savings, you’ll want to start early. One such account that everyone should consider is an IRA.
CDs vs. Money Market Accounts: Understanding Your Options
Do you have a decent amount of money sitting in your savings or checking account(s)? If so, your savings strategy might be amiss – and it could be costing you.
Why are Certificates of Deposit Becoming So Popular?
Share certificates (or CDs) offer a spectrum of financial perks with very little downside. Keep reading to find out if adding a CD to your savings plan is right for you.
How to Choose the Right Financial Advisor for You
Partnering with a financial advisor is a wise move when it comes to managing your money. And contrary to popular belief, the role of a financial advisor extends far beyond retirement planning.
Why You Need a Financial Advisor
Here are a few reasons why working with a financial advisor can help you make smarter investment decisions.
Which to Fund First: Emergency Accounts or Investments?
So this pay period looks to be a great windfall. You’ll have that extra bit to sock away for a rainy day. When we ask people what they plan to do with the extra money, many of them tell us that they plan to invest it toward their retirement.
Is a Certificate of Deposit Right for Me?
A Certificate of Deposit (CD) or Share Certificate Account is a great way to save. But there are still pros and cons.
Laddering - A Creative Way for Investing in Certificates
With a multitude of investment options available, one popular option is a certificate account. While banks often refer to these accounts as certificates of deposit or CDs, credit unions typically refer to them as certificate accounts.
Benefits of a Money Market Account
Be honest. Along with probably everyone else you know, you’ve dreamed of winning the lottery, right? Whether or not you actually buy a ticket occasionally is up to you. There are, however, some better ways to plan for your future.
Understanding 401(k) Plans
While retirement may seem like a lifetime away for many, making smart investing decisions early is the best move to ensure you can retire comfortably down the road.