You always hear us finance bloggers telling you to invest for your retirement. We use big words like 401(k), 403(b), IRA, and Roth IRA, but usually assume you all know what they mean and how they work. Today, I am going to share the basics of what you need to know to open and fund an IRA or Roth IRA account.[Read more…] about How to Start an IRA (or Roth IRA)
Summer is upon us, and that often means a “summer lull” for online workers. I don't have time for a lull, however, so I'm working at full throttle for my first full month working from California. Let's see how the cookie crumbled in May, and what I have up my sleeve for the next few months.
Fall is here in Oregon. The clouds have returned, the drizzles have begun, and winter is not far off. That means a lot is happening in my life in the coming months.
Today Carrie in Seattle asks us how to handle her retirement contributions when self-employed. Lucky for her, there are retirement accounts just for self employed individuals.
Thanks to listener Erin for asking our first audio question for episode two of the Personal Profitability Podcast. She asks if she should pay off her student loans first before she starts saving for retirement.
Have you ever taken a look at your 401(k) plan and thought to yourself, “These options are terrible. The historical rate of return is low and the fees seem higher than normal.” Typically, those of us that say this just shrug our shoulders in defeat and sign up for the funds that look the best to us.