Earlier this week we celebrated the day that the United States declared its independence from Britain. One factor that played a part in the colonies’ desire to separate from Britain was financial independence....
5 Benefits of a Roth IRA
Roth IRAs have inherent advantages that very well could help savers of all ages get on the right track for retirement, assuming you fall under the income requirements that allow you to contribute. You can find these requirement on the IRS website linked here, but the rough gist is that only about the top 10% of income earners will be excluded from opening or contributing to a Roth IRA....
Affairs of (E)state (Planning)
Planning ahead for what will happen to your property when you are no longer around can help save a significant amount of time and money for your heirs. But even more importantly, it eases the burden for those you leave behind, who will have to deal with your affairs at such a difficult time. Smart estate planning can also ensure a speedy transfer of your assets according to your wishes....
It Pays to Participate
Only 49 percent of all American workers participate in a workplace retirement plan. Of the rest, just more than one-third have no savings plan at work, and 17 percent are eligible to participate but don't contribute to their plan. Many are part-time or low-income workers and are particularly vulnerable....