conceptual-hand-written-text-showing-roth-ira-SmartAsset TikTok is hit or miss for accurate advice on finance topics. Although the “#finance” hashtag has amassed over 989 million views, th...
Tag: IRA
How Joe Manchin Enabled President Biden’s Assault On The Coal Industry
TOPSHOT – US President Joe Biden signs the Inflation Reduction Act of 2022 into law during a … [+] ceremony in the State Dining Room of the White House in Washington, DC, on August 16, 202...
Prime Trust Unveils All-in-One IRA Solution – crypto.news
Prime Trust has now opened up its Individual Retirement Account (IRA) to the general public today. This followed the successful running of the product’s beta program. The beta version was launched in ...
Prime Trust Crypto IRA Set To Leave Beta as Bitcoin Volatility at Historic Low
The IRA offerings include options with exposure to bitcoin, ether, solana, litecoin, cardano and avalanche tokens Prime Trust launched its beta crypto IRA in March When Prime Trust launched its beta t...
6 Steps to Using Your IRA to Buy Real Estate
SmartAsset: How to Buy Real Estate With Your IRA An IRA, or individual retirement account, may already play an important role in your overall retirement plan. What you may not realize about this kind ...
401(k) And Other Retirement Savings Limits Will Jump Record Amounts In 2023
Young workers will be allowed to contribute up to $22,500 pretax to a 401(k) in 2023, while those 50 and older will be able to sock away $30,000. getty The Internal Revenue Service announced today tha...
Help Me Understand the ‘Best Way’ to Manage an IRA. Is It Better to Pay Taxes Now or in Retirement?
Michele Cagan Which is the best way to handle an individual retirement account (IRA)? Let it sit and earn money, then pay taxes on the withdrawals in retirement? Or roll it over to a Roth IRA? Should...
$28 Billion In New Clean Energy Manufacturing Investments Announced Since Inflation Reduction Act Passed
The Inflation Reduction Act is the most important climate legislation in United States history, but will it actually generate private investment in new manufacturing? In a word, absolutely. Roughly $2...
Crypto IRA platform iTrustCapital launches a staking program
iTrustCapital, a leading crypto Individual Retirement Account (IRA) software platform, has launched a staking program that will see clients earn rewards when they hold their crypto assets within IRAs....
Roth IRA and Roth 401(k): the world would be a better place without them
One can make a strong case for getting rid of the Roth version of both 401(k)s and IRAs. While having two forms of retirement saving is lovely for young professionals who know their tax rates will be ...
How To Cash In On Billions In Green Home Improvement Tax Credits And Rebates
The new Inflation Reduction Act aims to arrest climate change by providing incentives for everything from solar panels to heat pumps to new windows to electric stoves. getty On August 16, President Jo...
Investing In The Clean Energy Credit Revolution
AFP via Getty Images Key takeaways The Inflation Reduction Act funds billions in clean energy credits to promote the development and advancement of green tech The goal is to reduce inflation and carbo...
Thinking about a Roth conversion? If you have an IRA, consider this ‘bear market bonus’
If you’ve been thinking about converting a traditional IRA to a Roth IRA, here’s the good news: This year’s market turmoil may be giving you a golden opportunity to do it. That’s because the stocks an...
Roth IRA vs. Traditional IRA: Key Differences
Roth IRA vs. Traditional IRA: An Overview An individual retirement account (IRA) is a way to save for retirement and save on taxes as well. Designed primarily for self-employed people who don’t ...
How The Inflation Reduction Act Could Cause A Lithium Crunch
This aerial view shows the Salton Sea near Calipatria, California. Huge reserves of lithium are … [+] fostering hope among the communities around California’s largest lake. (Photo by Robyn...
Advantages of a Gold IRA
Gold is a precious metal that has been valued and treasured throughout history, even though its purpose and use have changed over the years. Now gold is looked to as a form of investment similar to st...
Former Fidelity Exec Rick Synrod Joins Bitcoin IRA
Rick Synrod – a former executive with 401k and retirement giant Fidelity – will take over as the new chief operations officer for Bitcoin IRA, a digital currency platform that allows people to place t...
What Hath Washington Wrought: Part 3
US President Joe Biden signs the Inflation Reduction Act of 2022 into law. (Photo by MANDEL NGAN / … [+] AFP) (Photo by MANDEL NGAN/AFP via Getty Images) AFP via Getty Images This is the last in...
Here’s When The Roth IRA 5-Year Rule Could Cost You Money
SmartAsset: Understanding the Roth IRA 5-Year Rule The Roth IRA five-year rule will not allow you to withdraw tax-free earnings from your account until five years after your first contribution unless ...
Should You Convert an IRA to Roth After You Turn 60?
Retirement savers who convert pre-tax retirement accounts such as IRAs to after-tax Roth IRAs after reaching age 60 can keep growing funds tax-free and then make withdrawals in retirement without payi...
Backdoor Roth IRA: Pros, Cons, and Examples
Contents If your income exceeds the limits to contribute directly to a Roth IRA, you may have heard about the so-called ‘Backdoor Roth IRA,’ which allows traditional IRA conversions to Rot...
The IRA: What Hath Washington Wrought?
US President Joe Biden signs the Inflation Reduction Act. (Photo by MANDEL NGAN / AFP) (Photo by … [+] MANDEL NGAN/AFP via Getty Images) AFP via Getty Images This is the first of a three-part se...
Millions Of Efficient Electrified Buildings
Hadley Tallackson is a co-author of this article. The Inflation Reduction Act (IRA) is the most significant climate legislation in United States history. Energy Innovation Policy and Technology LLC®mo...
The Ultimate Price Of Government Price Controls
WASHINGTON, DC – AUGUST 16: U.S. President Joe Biden (C) signs The Inflation Reduction Act with … [+] (L-R) Sen. Joe Manchin (D-WV), Senate Majority Leader Charles Schumer (D-NY), House Ma...
Billions In Just Transition Funding For Coal Communities
Michelle Solomon is a co-author of this article. The Inflation Reduction Act (IRA) is the most significant climate legislation in United States history. Energy Innovation Policy and Technology LLC® mo...
Electric Utilities Hit Renewable Pay Dirt With IRA Passage
Electric cooperatives cover more than half the nation’s land area. National Rural Electric Cooperative Association Christmas came early in the electric utility industry this year. To be precise,...
Buying stocks for dividend income? Read this first
There is nothing wrong in principle with buying stocks for the income they generate, through dividends, instead of growth. It’s a strategy that’s especially appealing to retirees and others who need t...