Category IRA

Gold IRA Tax Rules: All You Need to Know

gold ira tax rules contribution limits

The current economic scenario doesn’t look too rosy when it comes to inflation and growth. Most analysts are predicting that inflation is here to stay, and it may cause economic growth to stagnate. All the while, the Federal Reserve is…

How Does a Spousal IRA Work?

Earned Income Spousal IRA

Saving for retirement is absolutely essential as we are more likely to achieve economic independence later in life. We usually think of retirement savings as a percentage of our income. But what happens if you don’t have an income?  If…

How to Buy Bitcoin in IRA

How to Buy Bitcoin in IRA Bitcoin first appeared on the scene around 12 years ago and has moved into the mainstream after various scandals from its early years. The virtual currency has had a helter-skelter ride to widespread popularity.…

7 Reasons to Invest in Gold

Gold has many characteristics that have made it a source of value throughout the centuries. Some of these characteristics are physical, such as its beauty, malleability, and non-corrosiveness. Other features of this precious metal also make it a valuable asset.…

Top Precious Metal Rollover Scams to Avoid

The precious metals industry has been home to fraudsters long before the advent of the internet. Only now they’re more visible. Unfortunately, precious metal rollover scams do occur every now and then; however, there are concrete steps you can take…

How Much Social Security Will I Get? 

Social Security is a vital component of most people’s retirement income picture. But it’s just one of the three “legs” on the retirement income stool – the others being employer retirement plans (401ks, pensions, etc.) and private savings.  So unless…

How to Invest for Retirement With Mutual Funds

There are many reasons why a savvy investor should look to mutual funds to supplement their portfolio. However, retirement-oriented investors are primed to benefit the most from these alternative investment funds. In 2018, mutual funds constituted half of all financial…