Financial illiteracy remains a global challenge, as many countries, including the United States, are still falling short of expectations and struggle to increase their financial literacy rates despite growing economic complexities. In fact, only 48% of U.S. adults are considered financially literate, a figure that has remained stagnant at around 50% over the past eight … Read more
A solo 401(k) is a retirement plan for self-employed individuals and some small business owners. It gives you the chance to contribute more towards retirement savings and comes with some tax advantages. Using information from the IRS, this guide covers what you should know about a solo 401(k). What is a Solo 401(k)? A solo … Read more
A silver IRA is a tax-advantaged account that allows you to invest in physical silver for retirement. While there are some tax benefits, not all silver qualifies for inclusion in a silver IRA. Read more to learn how silver IRAs work and what to consider before investing. What is a silver IRA? A silver IRA … Read more
Confused about gold IRAs? You’re not alone. I spent weeks sifting through information and consulting experts to bring you a clear and concise guide. This article won’t tell you it’s a magic bullet. But it will equip you with the knowledge to decide if a gold IRA fits your strategy. What is a gold IRA? … Read more
A 403(b) plan is a tax-advantaged retirement plan for public school and non-profit employees. It’s similar to a 401(k), but has limited investment options. This guide dives into IRS rules and contribution limits for 403(b) plans. Learn how a 403(b) can fit in your investment strategy. What is a 403(b) retirement plan? A 403(b) is … Read more
Are you trying to decide which is better to invest in: a gold IRA vs. physical gold? With gold prices up over 91% in the last five years, more investors are turning to precious metals. But which option is right for you? This guide covers the pros, cons, and key differences you should know. What … Read more
Real estate as a whole has been a rapidly growing industry strained by supply shortages and soaring costs. But as the senior population grows faster than any other age group in America, it creates uncertainties in the senior living sector. With this in mind, we dive into the latest stats and senior living trends you … Read more
The first time you buy gold and silver is a memorable experience as precious metals are a famous and ancient store of wealth. I remember holding my silver dollars and small gold bar the first time. Below are several things to consider as a first-time buyer for excellent investing. How to Buy Gold and Silver … Read more
A Roth IRA offers tax-free withdrawals and investment gains. With low minimum investments, you can easily invest in stocks, funds, and fixed-income assets. I highlight this account’s best benefits, annual contribution limits, and how to avoid early withdrawal penalties. What is a Roth IRA? A Roth IRA is a tax-advantaged individual retirement account (IRA) where … Read more
Which is a better investment: gold vs silver? With gold reaching a record high of more than $3,200, investors are asking this question. This article breaks down everything you need to know so you can make smart investments based on your goals and risk tolerance. Investing in Gold Gold has been a good store of … Read more