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Could You Benefit From a New Type of Savings Account Under Trump?
A proposed new type of savings account would allow Americans to put away up around $10,000 each year and enjoy tax benefits ...
5 common investing myths — debunked: Why you don't need thousands to own stocks
From thinking investing is like gambling to believing that cash is safer than stocks, these are some of the most persistent ...
Do you have too much of your money invested in the stock market?
Over the years, you may have seen advice in the financial media about the “60/40 portfolio,” which consists of 60% stocks and ...
JD Supra14h
IRS releases catch up Roth Guidance
The Internal Revenue Service (“IRS”) issued proposed regulations regarding the provisions of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) that relate ...
24/7 Wall St14h
I'm in the process of transferring my 401(k) but I keep hearing about Roth IRAs - should I do that instead?
When you leave a job, it’s generally a good idea to take your 401(k) plan with you. This doesn’t mean you should cash it out, ...
24/7 Wall St14h
I Used to Think a 401(k) Was the Ultimate Retirement Account, Until I Learned These 10 Drawbacks
Whenever anyone thinks about a 401(k), there’s a pretty good chance it’s widely mentioned as one of the best retirement ...
Iris Energy (IREN) Gets a Buy from Roth MKM
Roth MKM analyst Darren Aftahi maintained a Buy rating on Iris Energy (IREN – Research Report) today and set a price target of $25.00. The ...
SmartAsset on MSN18h
Ask an Advisor: I Have $1.4 Million in IRAs. Can I Convert $160k/Year to a Roth to Save on RMDs Later On?
I am 70 and I have $1.4 million in traditional IRAs. Is it best to do $160,000 in Roth conversions for the next 1-3 years to reduce my high RMDs in about 5-10 years? That would put me in the 24% tax ...
Did you know the IRS taxes your bank account? Don’t get caught off guard
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...