As a DINK couple, you may find yourself and your partner in the enviable position of earning high salaries. While having a high income is a nice reward for hard work, there are also drawbacks, one of them being the amount of taxes that you have to pay. However, there are legal high income earners' tax strategies that can limit the tax burden you face. … [Read more...] about What Are the Tax Strategies of High Income Earners?
Ed Slott, also known as "America's IRA Expert" according to Mutual Funds Magazine, has quite a bit of knowledge when it comes to the realm of retirement planning. More often than not, folks find themselves going to Ed even when they have a financial advisor, simply due to the fact that they fear their advisor doesn't know as much as Ed. In this article, we will look at Ed's … [Read more...] about Ed Slott: Bio, Net Worth & Other Information
Such a loaded question but one that is frequently asked by too many. The matter of fact is that investing is a buzz word that a lot of people like to throw around but may not truly understand. Did you know that you don't have to be putting your money into the stock market to be investing? In this article, we will talk about different types of investments, how they have panned … [Read more...] about What is Actually Worth Investing Money In? Part 1 of 2
How's your 401(k) or IRA doing? A typical 401(k) plan returns from 5% to 8% based on a portfolio of 60% stocks and 40% bonds and other conservative investments. If your retirement plan is not meeting expectations, you may be tempted by the high returns of cryptocurrencies like Bitcoin – but should you be wary of incorporating cryptocurrency into your account? … [Read more...] about Can You Put Cryptocurrency in Your IRA?