The Ultimate Roth IRA Conversion Guide – Everything You Need to Know
Thinking about converting your retirement account to a Roth IRA? It’s easy to see why the Roth IRA is so incredibly popular. Contributions to a Roth IRA are made with income that has already been taxed, meaning there’s no initial tax benefit, but the money you have in a Roth grows tax-free over time. Roth IRAs don’t come with Required …
READ MORE
What Is The SIPC and How Does it Protect Your Investments?
As a financial planner, I get a lot of concerned questions from my clients regarding their investments. One recently asked me: What exactly happens if the brokerage firm I’m custodied with goes out of business? This is a great question because many people don’t know their investments have protection in the first place, or they’re misinformed about what the protection …
READ MORE
What Happens When Your Bank Is Seized by the FDIC?
One of the issues that many people have been concerned with during this recession is what happens when a bank is seized by the FDIC. This is a matter of concern because the recession saw quite a few bank closings, and there are still hundreds of banks still on the FDIC watch list for potential failures. As of March of …
READ MORE
How to Invest $200,000 and Generate a Solid Return
When at the point of wondering how to invest $200,000, that’s definitely a good sign. After all, having this amount to invest means you’re on the fast path to building long-term wealth. This is especially true if you can invest $200,000 and leave it alone for a decade or two, giving compound interest plenty of time and space to do …
READ MORE
$25-an-Hour Is How Much a Year? (Plus Budgeting and Side Hustle Tips)
Have you ever wondered how much your annual salary would be if you earned 25 dollars an hour? The fact is, too many people who earn an hourly wage don’t know how much they make in a year. This information is critical if you want to create a budget and manage your money correctly. In this article, I’ll show you …
READ MORE
The Top 15 Highest Paying Jobs in Consumer Services
The U.S. consumer service industry is worth hundreds of billions of dollars and includes more than 450,000 single-location and multi-location establishments. Despite declining overall employment numbers in the field, there are close to 400,000 job openings annually for customer service representatives, according to the Bureau Of Labor Statistics – a testament to how critical the industry is to the U.S. …
READ MORE