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I wanted to take an opportunity to go over some of the investments I’ve made over that last few years. In this video we cover Chipotle, one of my favorite places to grab a burrito! How much did I buy for and where did I sell it off at? http://bit.ly/2SvN1VX
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Understanding IRA Contributions
The amount of money you can annually contribute to your retirement fund, or IRA contributions, is regulated by the IRS–to the dismay of countless people. However, you still have plenty of options to get the most out of your money over the years ahead.Cashing in Your 401k to Pay Off Debt – Is It a Good Idea or Not?
Cashing in your 401k to pay off debt sounds like a great plan, but is it really a good idea or not? Definitely not. There are a number of reasons out there for this, but it mainly just comes down to numbers.An Opportune Time For Roth Conversions
Talk about good timing. The federal government eliminated a rule this year that prevented many from converting money held in a traditional IRA to a Roth IRA. If there was ever a time to consider a switch, this is it.Roth IRA Limits – Links Limits
Roth IRA limits are actually linked limits in the tax code. As a result you must consider your contributions to other IRA’s to calculate the amount that you can contribute to a Roth IRA. Typically though this is no problem.SIMPLE IRA – Simple Savings
The basic concept of an IRA is to help you keep more of your money for use during your retirement. It is a concept that few people disagree with. To accomplish this goal a SIMPLE IRA works in the following way. It allows individuals to place money into an account and take a tax deduction on the money that is deposited into the SIMPLE IRA. This in essence means that you do not pay tax on that money at the time you earned it.
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