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When you’re starting your first job, or even just starting a new job, it’s important to keep a few things in mind, especially when it comes to your finances and investing. In this video, I’ll break it down for you. http://bit.ly/2tlqpiv
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IRAs – Overlooked Major Gifts
Naming a church or a charitable organization as the beneficiary of one of your IRAs will provide tax benefits in some instances and help many people after you are gone. However, you must be careful to structure the IRA and the beneficiary arrangement properly or you can run into problems.Traditional & Roth IRA Rules to Decrease Other Retirement Contributions
Traditional and Roth IRA rules are likely changing. There is a great possibility that the Traditional and Roth IRA contribution limits that are now in place for your other retirement plans to decrease within the next year. It seems like no matter what road people choose, those trying to save for retirement cannot catch a break.Understanding Roth IRA Rules
Every investor who has a Roth IRA should be aware of all the rules and regulations associated with the IRA account. Understanding Roth IRA rules governing income & contribution limits; withdrawal rules; transfers and conversions; age limits.Getting the Most Out of Your IRA
You should plan your life in such a way that once you attain retirement, you can enjoy your savings. However, you will enjoy your savings longer if you are smart with the withdrawals. For getting the most from your IRA, experts suggest that you should withdraw not more than 5 percent of the total amount every year. If you withdraw more, you will end up paying more taxes and penalties.Choices For Financing Your Retirement
We, as adults, have to be very clear as to how we should plan for our retirement years. In fact, you can retire with pride once you have the sufficient funds to pass the rest of your life trouble and tension free. There are several choices available for financing your retirement and you should understand the pros and cons of each plan. Let us take a brief look at some of the retirement plans.
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