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Jan 23, 2025 |
valuewalk.com | Laura Adams |Sam Alberti |Dave Kovaleski
Whether you plan to buy a home or start a business in a few years, using a brokerage account is a flexible place to invest for financial goals. They give you access to a wide range of investment products, allowing you to invest in cryptocurrency, stocks, index funds, exchange-traded funds (ETFs), precious metals, and more. Before you put money in one, here are nine things you should know about investing in a brokerage, including its pros and cons.
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Jan 7, 2025 |
valuewalk.com | Laura Adams |Sam Alberti |Carlos De Lanuza |Dave Kovaleski
Upcoming changes to various tax-advantaged accounts can help you save more money — if you know the rules. Whether you’re an employee or have a small business, the following seven adjustments will allow you to improve your current and future finances and save more money in 2025. Most workplace retirement plans, such as 401(k)s and 403(b)s, allow participating employees to contribute up to $23,000 in 2024. Starting in 2025, you can contribute $23,500.
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Dec 6, 2024 |
msn.com | Laura Adams
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Dec 6, 2024 |
mediafeed.org | Laura Adams
The Internal Revenue Service or IRS changes perks and contribution limits for various tax-advantaged accounts based on annual inflation changes. While the inflation rate has come down, it’s still high enough to result in small adjustments that you can take advantage of next year. This post will review seven changes to various tax-advantaged accounts starting in 2025.
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Nov 9, 2024 |
msn.com | Laura Adams
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Nov 9, 2024 |
mediafeed.org | Laura Adams
If you want to become wealthy, an essential habit you should create is regularly investing a portion of your income in a tax-advantaged retirement account. You may have an excellent option at work, like a 401(k) or 403(b). If not, there are individual retirement accounts or IRAs and self-employed retirement plans you can open and contribute to on your own. The years you have to invest money for the future is called the accumulation phase.
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Oct 31, 2024 |
valuewalk.com | Leury Pichardo |Sam Alberti |Laura Adams |Dave Kovaleski
Booking flights is a complex task that requires balancing time, convenience, and timing. While it’s a win to secure the best airfare deals, it’s equally important that you get as close as possible to your desired date and time. While the traditional method of booking early can still give you an advantage, the airline industry has dramatically evolved over the years. In reality, several factors influence the flight booking process in the modern era.
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Oct 30, 2024 |
quickanddirtytips.com | Laura Adams
If you want to become wealthy, an essential habit you should create is regularly investing a portion of your income in a tax-advantaged retirement account. You may have an excellent option at work, like a 401(k) or 403(b). If not, there are individual retirement accounts or IRAs and self-employed retirement plans you can open and contribute to on your own. The years you have to invest money for the future is called the accumulation phase.
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Oct 26, 2024 |
mediafeed.org | Laura Adams
A listener named Wasittha asked me the following question:“I’ve been trying to max out my IRA and 401(k). However, I’ll be unemployed next year for a while–hopefully not for too long. Since I started my own business early this year, can I invest in a SEP-IRA instead of a 401(k), and how much? Please explain SEP-IRAs since I’m new to being my own boss and have only earned a few thousand dollars.
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Oct 25, 2024 |
valuewalk.com | Laura Adams |David Moadel |Dave Kovaleski
Whether you’re a solopreneur, have a business with employees or want to build a side business, there are plenty of benefits to self-employment income. One is the array of tax deductions you may be eligible to claim. Taking advantage of legitimate tax breaks is a critical way to cut taxes and save money as an entrepreneur. Here are seven ways having a small business can save you money.