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Fool Proof Retirement Saving Tips

fool proof retirement saving tips

Saving for retirement may seem like a challenge at first, but in fact, it’s simple if you follow a few basic tips. By employing a few strategies today, you will be able to achieve real wealth by the time you reach retirement. Here are a few fool proof retirement saving tips we put together from […]

Backdoor Roth IRA – What is It?

Backdoor Roth IRA

As you may already know, a Roth IRA is arguably the best retirement plan you can save with.  What you may not know is that not everyone can directly contribute to one.  If you earn too much money (based on limits the IRS sets), you can’t technically utilize it.  However, there is a strategy, known […]

Required Minimum Distribution Rules

required minimum distribution

Now that 2019 is winding down, it’s important to make sure your financial matters are taken care of.  One of the most important ones to remember if you are at least age 70 1/2, is your required minimum distribution or RMD.  This is the amount that the IRS requires you to withdraw from most retirement […]

Solo 401(k) vs. IRA – Which is Better?

Solo 401(k) vs. IRA

When choosing between a Solo 401(k) vs. an IRA, there are many important factors to consider.  Most importantly are the eligibility requirements.  As long as you have earned income in a given year, you can contribute to an IRA.  However, to fund a Solo 401(k), you must have some type of self-employed income.  This can […]