When it comes to saving for retirement, our choices can be a bit confusing. There are numerous types of investments to choose from. And there are several different types of accounts that are designed specifically for retirement savings. To someone who hasn’t done much investing, the choices can be overwhelming.
If your employer offers a 401K [...]
Advantages of a Roth IRA
September 5th, 2009 · No Comments
Tags: Personal Finance
IRAs Explained
August 26th, 2009 · No Comments
With pensions becoming less and less common, and Social Security’s future in question, it’s never been more important to think about retirement well in advance. For those whose employers offer 401K plans, they are usually the easiest and most convenient way to save for retirement. But will your 401K yield enough money to see you [...]
Tags: Personal Finance
Coverdell Education Savings Account Explained
April 10th, 2009 · No Comments
With education costs ever increasing, it’s important to get a head start. The Coverdell Education Savings Account, or Coverdell ESA, can help us save the money we need for our children’s schooling, and it offers some attractive tax benefits.
Formerly known as an Education Individual Retirement Account, the Coverdell ESA does have some things in common [...]
Tags: Personal Finance