Are Trump Accounts Good Investment Vehicles?
Bottom line up front: Take the freebie thousand dollars in your Trump Account, but invest the rest of your money for your kids in a 529 and then a UTMA.
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Ira
The Rule of 55, Rule 72(t), and Retiring Early
What's the #1 thing people know about retirement accounts? They are good for your taxes, but they lock your money up until you are 59½. This is generally…
Do an IRA Rollover After Leaving Your Job
I often encounter questions about the best strategies for managing retirement savings. One common query is whether employees should transfer their 401(k)…
Backdoor Roth IRA Strategies
For many individuals, saving for retirement is a top priority. One popular savings vehicle is the Roth IRA, known for its tax-free growth and withdrawals.…
Investment Accounts for Children
I frequently get asked about investment options that parents can establish for their children. It’s an important question, and there are several options…
Personal Finance Basics
The past 50 years have seen incredible advances in investment accessibility for average Americans. With the development of simple indexed mutual funds in…